WebProNews

PayPal to Take Over Mobile and Social Apps

PayPal has opened its global payments platform called PayPal X, providing new APIs, a new developer portal, and some introductory services pricing to help developers take advantage of PayPal X to build businesses. "The whole world is going digital, and the future of how we communicate, how we get information, and even how we transact, is in the hands of developers," said PayPal President Scott Thompson. "The network is the platform on which the potential of digital money will be fully realized."

Google Reduces Restictions on Google Checkout

Google has made a change to its content restrictions for Google Checkout. Google Checkout now allows the sale of real estate rentals, timeshares, and day sight-seeing tours.

Google Affiliate Network Publishers Get Paid Through AdSense

Google announced that Google Affiliate Network publisher payments will now be made through AdSense starting today. Google says this will offer publishers a wider range of payment options. "Publishers can also manage their payment information in new ways and enjoy consolidated payments from Google if they use other Google products," says Product Manager Sheila Parker. The primary user of a Google Affiliate Network publisher account will see an account notification asking them to create an AdSense account or link to an existing account.

Rumors Suggest Apple May Compete with PayPal

Reports have "Wall Street Gossips" talking about Apple working on a "PayPal killer". This would be in the form of the iTunes store turning into a payment system. There's no telling how much truth there is to these rumors, but the world is going to need some more options when PayPal goes down, as it did last night, causing quite a stir across the web. PayPal apologized for this by way of the PayPal blog. SVP, Technology Scott Guilfoyle wrote:

Google Wants to Pay AdSense Publishers Faster

Google has taken an opportunity to remind North American AdSense publishers that the fastest way to receive payments is through Electronic Funds Transfer (EFT). "We want to get you paid by the fastest means possible," says Elizabeth Ferdon of the AdSense Payments Team.

Integrate PayPal With Your Own Apps

PayPal announced that it is opening an API to developers to allow them to embed PayPal's payment system into their own apps and platforms. The company, a subsidiary of eBay, says this is the first global payment platform to open to third-party developers.

Why PayPal is Holding Onto Some eBay Sellers' Money

PayPal requires reserves for a percentage of sellers. That percentage is less than 1% according to the company. PayPal likens the reserves to a security deposit to cover future chargebacks and reversals. Since PayPal began this practice, they have had a lot of questions about it from sellers, and hoping to clear up some confusion, Bill Clark, an analyst with PayPal's risk team offered the following explanation on the PayPal Blog:

Facebook Begins Testing Payments System

Facebook will reportedly begin testing a payments system in the coming weeks. This will start with a few developers, exploring ways for users to use Facebook credits with third-party apps on Facebook.

Google AdWords Gets a New Payment Option

Google has introduced a new feature for AdWords called "Make a Payment," which allows users to initiate a credit card payment for any amount they want, when it's convenient for them. The feature allows for overpaying to cover future costs as well.

Amazon Flexes Payments Service Beta

This latest addition to an infrastructure lineup of S3 and EC2 (data storage/transfer and distributed computing, respectively) enhances Amazon's strength as a powerful destination for developers.