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All Posts Tagged Tag: ‘paypal’

PayPal Just Revealed Its New Logo

PayPal announced today that it has a new logo, and is altering its brand identity. Behold: “When PayPal was first founded in 1998, our image was designed for the online world…making it easier to pay and get paid online…right as consumers were considering e-commerce for the first time,” says Christina Smedley, Vice President, Global Brand at PayPal. “Today, online is …

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PayPal Will Let You Approve Payments Using Your Fingerprint On The Galaxy S5

Sooner or late, we’re all going to be using biometric data when shopping for anything. While it’s not exactly a fool proof method, it’s certainly better than the current magnetic strips found on credit and debit cards. While such a future is still years away, early adopters who use PayPal can start authenticating purchases with their fingerprints in March. PayPal …

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“Tips for Jesus” Tip Thrown Away by Waiter

The year is 2014 and we all now know Harold Camping was wrong; the world did not end in 2011. Regardless of that fact, there are many people out there who still believe the rapture is imminent and that Jesus is coming any minute now. So, what better way to atone for one’s sins immediately by leaving outrageously large tips …

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Business Owner Details Getting ‘Screwed By Square’

Alex Shvartsman runs a small store called Kings Games in Brooklyn as well as its e-commerce counterpart. He’s been a longtime Square Reader user, and was an early adopter of Square Market, the company’s online storefront for small businesses. “I’ve used the Square Reader (the little square dongle) for close to two years, and their e-commerce site almost literally since …

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PayPal Acquires Mobile App Platform Developers StackMob

PayPal has acquired mobile application development firm StackMob. The company’s engineers will join the PayPal team. The StackMob team has roots coming from JBoss/Red Hat, NexTag, Zynga, Cisco and Salesforce. The company has been backed by Trinity Ventures, Harrison Metal, Baseline Ventures, Founder Collective and Charles River Ventures. “StackMob is best known for its outstanding work in developing a platform …

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PayPal Opens Online Store For Digital Gift Cards

PayPal announced the launch of its new Digital Gifts store, which is a destination where people can purchase digital gift cards from a variety of merchants. For now, there are only iTunes gift cards from Apple, but PayPal says it will be adding more soon. “Gift cards are the most popular presents this holiday season and generally one of the …

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PayPal Makes It Easier To Pay With Prepaid Gift Cards

PayPal announced that it now supports prepaid gift cards in that consumers can use them anywhere that accepts PayPal. This is just in time for the holidays, when many people will be getting these cards as gifts. As PayPal explains, these gifts often come with a burden attached to them. “A lot of e-commerce sites can’t or won’t accept it …

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Time To Start Letting Customers Pay You By Email?

There is a lot of innovation happening in the payments space, and the competition is heating up at a greater place than ever before. New products from PayPal and Amazon show great potential, and Google continues to expand its Wallet offering. Even Facebook has aspirations of making a mark in the space, but today, I want to talk about a …

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eBay Earnings Released, Revenue Up 14%

eBay just released its Q3 earnings report with a 14% year-over-year increase in revenue to $3.9 billion and net income (GAAP) of $689 million. PalPal on its own generated $1.6 billion, up 19% year-over-year. It also gained 5 million active registered accounts, ending the quarter with 137 million, up 17%. President and CEO John Donahoe said, “We delivered strong third …

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PayPal Announces Payment Code, Another Way To Reduce In-Store Payment Hassle

PayPal has now revealed yet another new product aimed at making retail store payments easier for both consumers and merchants. This one is called Payment Code, and lets users pay by checking into a store with their PayPal app or a merchant’s own app. Merchants simply scan a QR code or enter a four-digit code to complete transactions. When the …

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eBay Buys Payments Platform Braintree For $800 Million

eBay announced that it is acquiring payments platform Braintree for about $800 million in cash. Braintree powers payments on OpenTable, Airbnb, TaskRabbit and Uber, and will continue to operate as a separate service under PayPal. “Braintree is a perfect fit with PayPal,” said eBay Inc. President and CEO John Donahoe. “Bill Ready and his team add complementary talent and technology …

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PayPal Could Be On To Something Huge With Beacon

It’s hard to tell what’s going to work in the payments space. There have been a lot of interesting ideas over the years, but they haven’t always translated into the revolutionary game-changers that they could. PayPal’s new product – Beacon – is one of those interesting ideas, and it could work. The company, obviously already accustomed to revolutionizing how people …

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