Online sellers have one more thing to worry about: employees stealing from their PayPal accounts. An executive for online merchant Shoplet pleaded guilty on Thursday for embezzling nearly $6 million from his employer. The General Counsel managed Shoplet’s PayPal accounts Read more
PayPal is selling merchants on its new “Pay in 4” financing solution, telling them it can boost conversions. PayPal Pay in 4 lets shoppers make a purchase and pay over four, interest-free installments. But sellers get paid right away. PayPal Read more
If eBay and PayPal are the parents in their corporate “divorce,” then sellers are the children suffering the effects. PayPal tried to find a way for eBay sellers with working capital loans to continue to be able to make automated Read more
Google launched several new features recently that show how focused it is on providing services for brands, retailers, and online merchants, and how it is going beyond the advertising services on which many already rely. Some of the latest developments Read more
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
