PayPal said back to school (BTS) spending is up despite the uncertainty created by the COVID-19 pandemic – and shopping lists now include safety supplies and remote-learning tech products. PayPal commissioned Netfluential to study 600 college students and 1,200 K-12 Read more
PayPal is updating its User Agreement, effective July 31, 2020, which we wrote about on June 19th on the AuctionBytes Blog (“PayPal Makes Major Changes Impacting Sellers“). We called out a new provision that makes items purchased for resale exempt Read more
Dirty, germy cash is out, touch-free QR codes are in. You don’t have to touch “dirty” money when selling in-person thanks to a new feature from PayPal. Whether you’re selling through Facebook Marketplace, at farmers markets, or through classifieds sites, Read more
PayPal can now issue small-business loans through the government’s SBA PPP program. These are Small Business Administration loans that help businesses keep their workforce employed during the coronavirus (COVID-19) crisis. SBA PPP stands for Small Business Administration Paycheck Protection Program Read more
Mistakes happen, but when they are made on tax reports filed with the IRS, it’s important that they are corrected to ensure you don’t overpay or potentially lead to an audit. A reader told us that when PayPal issued him Read more
PayPal sent an email to business customers to inform them of upcoming enhancements to their accounts – in a nutshell, advising them of the availability of tools and ways to access those tools more easily. PayPal said it would be Read more
You may have known that online marketplace Bonanza accepts PayPal (and has for many years), but you may not have realized that PayPal conducts marketing email campaigns for Bonanza, which is a rival of PayPal’s former parent, eBay. The subject Read more
PayPal grew revenue 18% year-over-year in the fourth quarter of 2019 (foreign currency-neutral), it announced on Wednesday. The number of payment transactions in the quarter – 3.5 billion – was up 21% year over year. Merchant Services volume grew 26%. Read more
PayPal made more inroads in China, announcing on Wednesday a partnership with UnionPay International. The companies said they will work together to accelerate the growth of their mutual networks. PayPal has committed to supporting UPI acceptance globally where PayPal is Read more
Two big do-good announcements came from PayPal this week – it’s helping charities and fighting crime. On Thursday, PayPal announced it processed a record $10.3 billion in donations to charities around the world in 2019. Over $1 billion of that Read more
