PayPal

  • Marc Andreessen Steps Down From eBay’s Board Ahead Of Split With PayPal

    Marc Andreessen Steps Down From eBay’s Board Ahead Of Split With PayPal

    Investor and Silicon Valley kingpin Marc Andreessen is stepping down from eBay’s board of directors after a six year tenure. Andreessen announced the move on Twitter — as he often does — noting that it had been “an absolute privilege” to work with eBay President and CEO John Donahoe. 2/It’s been an absolute privilege to serve with John, Pierre, and team, and… Read More

  • Hacked Screenshots Show Friend-To-Friend Payments Feature Hidden In Facebook Messenger

    Hacked Screenshots Show Friend-To-Friend Payments Feature Hidden In Facebook Messenger

    Facebook Messenger is all set up to allow friends to send each other money. All Facebook has to do is turn on the feature, according to screenshots and video taken using iOS app exploration developer tool Cycript by Stanford computer science student Andrew Aude. Messenger’s payment option lets users send money in a message similar to how they can send a photo. Users can add a debit card… Read More

  • Ebay’s Dark Binary Star Is Finally Exploding

    Ebay’s Dark Binary Star Is Finally Exploding

    eBay hasn’t been a big deal since Beanie Babies. Back when an auction was the coolest thing on the web and real-time JavaScript countdown timers were all the rage, eBay’s main draw was a sort of theatre of commerce aimed at the bored and competitive. You, too, could win a genuine fake quartz Rolex or a broken Barney Rubble bank if you put in the time. The auction/commerce… Read More

  • eBay And PayPal To Split Into Two Separate Companies

    eBay And PayPal To Split Into Two Separate Companies

    eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and is intended to help both businesses grow faster in their respective markets. The spin-out of PayPal is expected to be complete by the second half… Read More

  • Bitcoin’s Price Skyrockets Following PayPal’s Hug

    Bitcoin’s Price Skyrockets Following PayPal’s Hug

    This morning, PayPal rolled out broader support for bitcoin, allowing merchants to accept the cryptocurrency as payment for digital goods. The reaction to bitcoin itself has been immediate and positive. The PayPal integration is minor — users won’t be able to start stashing their bitcoin in their PayPal accounts, but merchants that use certain PayPal services, and are located in… Read More

  • PayPal Enables Bitcoin Transactions For Merchants Selling Digital Goods

    PayPal Enables Bitcoin Transactions For Merchants Selling Digital Goods

    Bitcoin’s momentum among key merchants and platforms on the web keeps accelerating. After hinting at it a few weeks ago when Braintree enabled Bitcoin-based transactions for PayPal developers, the company is now enabling Bitcoin across the PayPal network for merchants of digital goods. The company has expressed interest in bitcoin for a while, with eBay CEO John Donahoe saying in the… Read More

  • Traxpay Raises $15M, Teams With MasterCard To Be The PayPal Of The B2B World

    Traxpay Raises $15M, Teams With MasterCard To Be The PayPal Of The B2B World

    Traxpay, a German startup that has created a platform for businesses in a supply chain to make payments to each other — think PayPal for the B2B world, or an Alipay of the Western world — is making two significant announcements that point to the company’s global growth ambitions–specifically in the U.S. and Asia. First, it has raised another $15 million, in what… Read More

  • PayPal Here Arrives On Android Tablets

    PayPal Here Arrives On Android Tablets

    PayPal Here, the company’s dongle-based mobile payments solution, is now available for Android tablets, the company announced this afternoon — a move that will address a large and growing swath of the tablet market. According to Gartner, PayPal notes, 62 percent of tablets sold last year run Android. The PayPal Here application allows users to accept credit card and debit card… Read More

  • PayPal Expands Further Into Offline Retail And Mobile Payments With New PayPal Here SDK

    PayPal Expands Further Into Offline Retail And Mobile Payments With New PayPal Here SDK

    PayPal this morning is rolling out a new product designed to help its business move further into offline retail. The company is launching the PayPal Here SDK (software development kit), which will help online merchants sell their products offline, while also allowing brick-and-mortar merchants a new entry point into the world of mobile commerce. PayPal Here, as you may recall, was introduced… Read More

  • PayPal Rolls Out One-Touch Mobile Checkout For Apps

    PayPal Rolls Out One-Touch Mobile Checkout For Apps

    Mobile commerce today is still challenging with complicated checkout flows that see users bouncing between screens, and having to tap out their personal information on tiny screens and keyboards. PayPal today is hoping to change that with the release of a new product called One Touch for merchants and app developers. Read More

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