All Posts Tagged Tag: ‘paypal’
Facebook and PayPal announced today that Facebook app developers can now select PayPal as a payout option when they integrate Facebook Credits in their apps. This is huge news for e-commerce on Facebook, and should be ultimately for the success of Facebook Credits in general. “Adding PayPal offers more flexibility and choice for payouts and makes it even easier to …
PayPal updated its Android app this morning to version 2.8. The new version has some new features including the ability to add money from checks by snapping a photo of the check (U.S. only) and storing of the app on the Android device’s removable SD card. The add money from a check feature was added to the iPhone last fall. …
For those of you who would like an additional method of purchasing on your Xbox Live account, Microsoft has apparently heard your calling, and will address your needs when the next XBL update occurs. Currently, the next update is scheduled for the 19th of May. Currently, XBL subscribers use personal credit cards to buy points, which, in turn allows them …
Two bits of acquisition news coming out of eBay today. First, the company has completed its previously announced acquisition of location media company WHERE. Terms of the deal were still not revealed. “Local commerce companies like WHERE are blurring the lines between in-store and online shopping,” said PayPal’s Amanda Pires. “By giving people hyper-local, relevant retailer information and deals on …
PayPal has acquired Fig Card in the latest move in the increasingly interesting mobile payments space. This comes just a week after the company acquired WHERE, for location-based deals. eBay and PayPal will not get left behind as competition grows and industries merge. Here’s Fig Card’s own description of itself: A while back, we wondered why we weren’t using our …
Good news for e-commerce giant eBay, as today they report solid first quarter results. For the first quarter ending March 31st, eBay reports $2.5 billion in net revenue, which is a 16% increase from the same period last year. The company recorded first quarter net income on a GAAP basis of $475.9 million, or $0.36 per diluted share, and non-GAAP …
Developers with any amount of ability when it comes to creating Android apps may want to start thinking about how to bring PayPal into the equation. Today, the third PayPal X Developer Challenge kicked off, and PayPal’s established some significant cash prizes for the top three participants.
Thanks to PayPal, the unemployment rate in Chandler, Arizona should dive rather soon. PayPal announced today that it’s opening a new customer service and operations center in the city, and the center is designed to accommodate as many as 2,000 employees.
eBay said it expects double-digit annual revenue and earnings growth over the next three years. The company outlined its growth plans in a meeting yesterday. eBay expects revenues to reach at least $13 billion in 2013 (compared to $9 billion in 2010).
Today at eBay’s 2001 Analyst Day, PayPal announced the general availability of its digital goods solution, aptly called PayPal for Digital Goods.
The product is designed for online publishers. "The solution makes paying for content online convenient and secure for consumers, a long-time challenge for all sorts of digital content providers," a PayPal representative tells WebProNews.
Fans of Google Checkout and/or the idea of paying for things with your Android smartphone have reason to cheer this morning: Osama Bedier, the (former) vice president of product development at PayPal, has taken a job with a certain search giant.
Details are light about what Bedier might do at Google. Nonexistent, really, so we’ll be sure to provide an update if and when that info becomes available. UPDATE: Bedier’s LinkedIn profile now indicates he’s a VP at Google.
Today, Microsoft launched WebMatrix, a new tool described as a way to make web development easier for people of all skill sets – from the novice to the expert. Now, PayPal has announced the PayPalX helper built specifically for Microsoft’s offering.
PayPalX Helper lets developers integrate payments within their web sites or e-commerce applications built using WebMatrix.
Different estimates put China’s population in the neighborhood of 1.3 billion people, and soon enough, PayPal intends to start helping them do business worldwide. PayPal will open an ecommerce hub in Chongqing with the local government’s blessing.
This won’t be a simple matter of encouraging people to use the online payment system when making purchases and accept it when making sales. Instead, it looks like the company means to interact with merchants in a number of ways, presumably earning their respect and loyalty in the process.
The service that provides eBay with a good chunk of its revenue now has a new chief financial officer. eBay announced today that Patrick Dupuis, formerly of contact center outsourcing specialist Sitel, is taking the CFO position at PayPal.
If that seems like an odd career path, the fact that BJC Healthcare, a nonprofit healthcare organization, employed Dupuis prior to Sitel may send your eyebrows even higher. Dupuis did serve as CFO at both those outfits, however.
Love it or hate it, a huge number of people are more familiar with PayPal than with any other online payment system. And so the Android Market may soon seem more much accessible to them, as a new rumor indicates Google is about to reach a payment-related agreement with eBay.
That would represent a significant about-turn on Google’s part. For a long time, the search giant did all it could to downplay the importance of PayPal and promote Google Checkout, linking to its service from Google.com and offering shoppers significant discounts.
Update: As far as availability, PayPal tells us, "Mobile Check Capture is currently available in the US only. The underlying technology that makes this possible is based on legislation passed by US Congress in 2004 as a result of the 9/11 attacks. The legislation, called "Check Clearing for the 21st Century," or "Check 21," gives US financial institutions the opportunity to clear checks using imaging technology rather than transporting the paper itself.
Some iTunes users are finding that scammers are stealing their money through PayPal. Numerous people have been claiming as much on Twitter and Facebook.
PayPal may release a micropayment service before th year ends if reports are accurate. President Scott Thompson is said to have indicated as much.
The move would make too much sense not to come sooner or later, and sooner would no doubt be in PayPal’s best interest. Not only are social games among the biggest trends of the web, but news organizations are still experimenting with ways to drive revenues, and micropayments are not out of the question for some.
PayPal has announced the launch of version 2 of its Android app. This feature "bump" technology, which lets two users bump their phones together to send money (much like the existing iPhone app).
PayPal is offering a new open source toolkit for Google App Engine that lets you integrate Java apps running on App Engine with the new PayPal Adaptive Payments API. The Adaptive Payments API lets developers embed payments into their apps, services, and platforms.
PayPal has announced that it now accepts credit cards in apps. The company’s payments platform, PayPal X, now has a Guest Payments feature.
"With this new feature, developers will now be able to accept credit card payments without requiring customers to open up a PayPal account," a spokesperson for the company tells WebProNews.
PayPal announced an agreement with Convio, a provider of solutions for nonprofits to raise funds, to let Convio implement PayPal to collect donations online. PayPal says this will help boost donations for Convio’s 1,300 nonprofits and give them access to the 84 million active PayPal users across the globe.
Microsoft, eBay and PayPal have launched an Internet Fraud Alert system aimed at helping security researchers report information they find online about stolen data.
Microsoft says its Internet Fraud Alert service will allow security researchers to more securely share information with service providers, retailers, financial institutions and government entities about incidents where compromised account credentials have been discovered.
Look for many, many interesting new PayPal apps and services to surface over the next four or so months. The second PayPal X Developer Challenge was announced today, and the competition is sure to draw lots of participants with $150,000 in prizes on the line.
A PayPal representative explained in an email to WebProNews, "[T]he grand prize is worth $100,000 – $50,000 will be deposited directly into the winner’s PayPal account and the other $50,000 will go towards waived transaction fees."
Update: When asked about PayPal pursuing other collaborations wtih government agencies, Anuj Nayar, the director of globalcommunications at PayPal, tells us:
Our mobile strategy in Asia Pacific covers 5 areas:
1. Provide consumers with a simple, fast, secure checkout experience on the mobile phone.
2. Provide merchants with an easy integration of their online shopping site with the mobile phone.
This week MasterCard announced a new developer initiative, which will place MasterCard payment technology in mobile and online apps.
"We are excited about tapping into the ingenuity of software developers around the globe to help create the next generation of game-changing payment applications," said Josh Peirez, Chief Innovation Officer, MasterCard Worldwide. "We feel this will unleash innovation within our industry especially in the burgeoning areas of e-commerce and mobile payments."
There has been a wide range of interesting announcements coming out of Google I/O this week where WebProNews is covering the event.
Update Google I/O
I’m out here at Google I/O where PayPal made a couple of announcements: the availability of its Mobile Payments Library for Android and the launch of its PayPal X Toolkit for Google App Engine.
Update: Here is an interview we did with PayPal’s Rasesh Shah on the announcements:
A study released this week sponsored by FIS, PayPal and NACHA, found that demand for electronic P2P payments and transfers is growing rapidly, and that the interest of making these and other payment transactions through an ePayment Portal is also strong.
According to the study, of those who were interested in the Portal concept, 70% would be likely to use P2P payment services within that Portal.
Earlier this week, Alibaba.com launched a new business-to-business platform, and now, it looks like eBay and PayPal will get a boost from it, too. It’s been decided that AliExpress will offer PayPal as a payment option.
This may turn out to be a significant moment for both sides. Alibaba is a successful ecommerce platform based in Asia, with about 47 million registered users, but of course AliExpress is brand new. And PayPal is a big moneymaker for eBay, with roughly 84 million active accounts in existence, but Asia isn’t its home market.
A recent study found that consumers are getting more comfortable with mobile shopping, and you best believe that will only continue, as people continue to spend more of their web time on their phones. So as everybody reaches for their mobile devices to make payments, which platforms are they going to use?
Ebay’s online payment service PayPal said today it would double the number of employees in Asia Pacific from 1,000 currently to more than 2,000 by the end of the year.
PayPal said it plans to add more than 100 new jobs at its international headquarters in Singapore. New jobs will be located at all seven offices including Australia, China, Hong Kong, India, Japan, Singapore and Taiwan. For its Singapore business headquarters, PayPal will be seeking Singapore-based people with background in technology, product development, infrastructure design, risk and engineering.
Rob Millis and Will Cohlan, the pair beyond the web show Political Lunch, gave a presentation at SXSW called "Beyond Advertising: Can Online Video Finally Pay?" The discussion led to the unveiling of a tool for online video monetization called Dynamo Player.
The goal (short-term at least) of the tool is to simplify the process of uploading a video to the web, making it portable, and quickly getting viewers to pay for it.
This has not been a great week for American tech companies trying to do business in Europe. First, Google got in trouble over allegedly anticompetitive search practices and its policy on Street View data retention. Now, German antitrust authorities are looking at the way in which eBay has supported PayPal.
Thanks to Google, PayPal, and Mozilla, the anti-malware organization borne out of Harvard’s Berkman center has become an independent entity. StopBadware.org is now a non-profit known simply as StopBadware.
This change should be viewed as more evolutionary than revolutionary; like before, StopBadware will work to minimize the threat of malware, and at the moment, nothing more significant than some colors, logos, and site content has been changed.