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PayPal News
PayPal To Focus On Mobile Payments
Not only are eBay concentrating on mobile sales, PayPal are now set to focus on expanding its mobile payment technology after a 190% increase in payments from smartphones and tablets. PayPal’s instore technology, currently available in 17,000 shops, will be rolled out at up to 7 million worldwide locations in 2013, thanks to its recent deal with direct banking firm … Read more
PayPal helps eBay Profits More Than Double
eBay has reported a rise in third-quarter sales and profits, as more consumers used the site, as well as its payment service PayPal. Due to higher revenue from its PayPal online payments business and its e-commerce websites it has more than doubled its second-quarter net profit. The website reported profits of $692m (£443m) in the three months to the end … Read more
PayPal to be based around Mobile
PayPal are set to restructure the company to help grow the mobile theme and become simpler for users. PayPal are trying to help the 110million customers by building a better experience for different products. Last week PayPal.com unveiled a new redesigned website enabling account holders to login and encounter a much more efficient and user friendly service. This restructure has … Read more
PayPal set for tCommerce
eBay’s PayPal could be on to something huge. PayPal recently teamed up with Comcast and Tivo so viewers can interact with their TV to buy products with just a few clicks. Comcast said it was working with PayPal to “explore commerce and payments on various platforms,” including direct-through TV purchases, second-screen buying from mobiles and tablets, and TV ad coupons … Read more
PayPal Set to Launch New App
PayPal are launching a new App which will allow the UK’s 15 million PayPal customers to use their phone to buy in store through 230 shops owned by the Aurora Fashion Group which includes such retailers as Oasis, Coast and Warehouse. Cameron McLean, Managing Director, PayPal UK, said: “Today marks the start of a quiet revolution in the way we … Read more
PayPal to go offline for 2 hours on 19th April 2012
PayPal are set to undergo a planned maintenance cycle to upgrade their services and will happen between 4am and 6am. This meaning if you a buyer or seller you will not be able to access your PayPal account during the downtown. If you offer PayPal as a payment gateway on your website or using the PayPal Api for an app … Read more
PayPal Payments Soon Android-integrated?
eBay’s PayPal is currently in talks with Google about adding its payment service to Android devices, Bloomberg reported. If discussions go well, the service could be available on smartphones with Google’s software by the end of this year. Android app purchases are currently made by using a credit card or Goole’s own competitor to PayPal, Google Checkout. PayPal is available … Read more
Good News For Indian PayPal Users
PayPal users in India had some good news at the weekend. PayPal announced that it has resumed electronic money withdrawals and once again users don’t have to rely on cheque payments to receive their funds into their bank accounts. This will no doubt be a big relief to Indian users. PayPal has also promised to honour refunds of cheque withdrawal … Read more
PayPal Attempting To Expand Its Payment Service Into Japan
Online payments firm PayPal is preparing to expand into Japan without the branding help of its partner company eBay. Currently, PayPal counts over 87 million accounts worldwide, but does not have a large presence in Japan, which is the second-largest consumer market in the world. Andrew Pipolo, head of PayPal in Japan, said: “We’re very, very new, we have a … Read more
PayPal Suspend Electronic Transfers In India
Following the temporary suspension of its services earlier this year, in a move to satisfy regulatory authorities in India, PayPal have suspended electronic transfers to local banks in the country. In a flashback to the days before eCommerce, from August 1st Indian PayPal users will have to wait for a cheque payment in the post. PayPal say that they are … Read more
