Archive for the 'Paypal News' Category

EBay, the world’s largest online auctioneer, on Wednesday reported a better-than-expected profit for the third quarter after online payment services spurred revenue growth.
Profit rose 10 percent from a year earlier to $280.9 million. Analysts, on average, expected eBay to report a profit of $238.2 million.
The PayPal payment services unit of eBay grew faster [...]

Every now and then, a group of former PayPal employees get together to
catch up on life and work. It might be at a backyard barbecue, a
birthday celebration at a classy San Francisco restaurant or a simple
late-night reunion at someone’s house.
 
Almost inevitably, the conversation turns to business, and soon enough,
a new start-up is born or has [...]

It asks me to restore full access to my account by logging in to Paypal. When I click on the link provided in the email, I am sent to a website that looks exactly like the PayPal login page. But the link does not go to Paypal.
This is the link displayed in the email I [...]

The very well informed Ina Steiner from AuctionBytes.com wrote on Friday that eBay’s online payment service PayPal now supports payments in 10 new currencies. This allows customers to send, receive and hold funds in any of 17 total currencies worldwide.
eBay buyers can now pay for merchandise in their local money and the funds gets automatically [...]

We haven’t been hearing a lot out of Google Checkout since its June debut. What some figured would be a PayPal killer has ultimately been one of Google’s (Nasdaq: GOOG) quieter rollouts and not much of a threat to PayPal parent eBay(Nasdaq: EBAY).

Is that going to change over the holidays?

I received a press release [...]

PayPal is an e-commerce business allowing payments and money transfers
to be made through the internet. It serves as an electronic alternative to traditional paper methods such as checks and money orders. PayPal performs payment processing for online vendors, auction sites, and other corporate users, for which it charges a fee. In October 2002, PayPal became [...]

EBay’s PayPal unit announced Thursday that it agreed to provide
clearer information about the extent of fraud protection offered by the
online payment service and pay $5.2 million in separate settlements
with consumers and with 28 state attorneys general, including
California’s.
The agreement comes after years of complaints lodged against PayPal
for issues ranging from frozen accounts to unauthorized withdrawals
from users’ [...]

PayPal has added a feature to its Multi-User Access functionality. Multi-User Access is a permissions-based feature that allows business owners to give unique access levels to different employees within the same PayPal account.
PayPal has now added an additional multi-user access permission that will give account holders the ability to allow certain employees to speak to [...]

In a settlement with Ohio and 27 other states, the online-payment service PayPal has agreed to simplify its fine print.
Along with making its user agreement clearer, PayPal also will
keep users better informed about fraud protection. During the payment
process, the company will now explain how the company protects
customers against fraud, for example when a [...]

-Arizona Gov. Janet Napolitano, eBay (NASDAQ:EBAY) President and CEO Meg
Whitman, PayPal executives and Arizona area leaders met on Sept. 25 in
Phoenix to celebrate PayPal’s increased presence in Arizona, commencing
with the opening of the PayPal Technology Center in [...]