Square, the tiny credit-card reader for smartphones and tablets, is the most interesting thing to happen to payments in a long time. Among the people who think it's interesting are the executives at payment behemoth PayPal. And at a press event this morning in San Francisco, the eBay-owned company unveiled its own mobile-payments gizmo and accompanying apps and services: PayPal Here.
Can you imagine a world without Google or Facebook? If plans to protest the potential passing of the Stop Online Piracy Act (SOPA) come to fruition, you won’t need to.
Without question, Groupon has been a tremendous business success story thus far, inspiring the legions on copycat daily deal sites, along with the previously unheard-of notion that coupons can, in fact, be cool. The latest major force to leap into the field dominated by Groupon and LivingSocial is PayPal, which is expected to start rolling out mobile daily deals in early 2012. Given the soaring popularity of daily deals over the past few years, though, the question worth asking might not be why PayPal’s entering the market, but what took it so long?
From launch day press coverage bonanza to dismal other-shoe-drops lawsuit, it looks like Google Wallet may have some splainin’ to do. Or at least PayPal and eBay think it does.
In about a week’s time, owners of Microsoft’s game console will have another way to pay for their Xbox Live memberships and DLC, when PayPal support happens by way of a spring update. If you’re setting up through the Xbox accounts web site, you can already choose the popular payment service as a billing option [...]
With today’s estimated $135 million acquisition of Where.com – the hyperlocal media company that will soon offer deals based on user geotargeting – eBay not only adds another channel to its growing number of revenue streams, but also plants its foot firmly in the growing world of offline commerce.
This article has been cross-posted from our partner site, Technologizer.
There’s a lot to be said for the ease of one-click checkout systems, but Amazon, Apple and PayPal may learn to regret their early adoption thanks to lawsuits brought against all three companies by a little-known Washington software company called Cordance Corp.
A group of hackers simply going by the name “Anonymous” is targeting companies that have blocked whistleblowing site WikiLeaks from using their services.
Many users who are attempting to use PayPal are finding their orders are not going through. The problem is affecting the live site, including the PayPal APIs, the official website, the Website Payments Standard, Website Payments Pro Payflow Edition and Express Checkout.
PayPal executive Laura Chambers recently remarked that the company’s iPhone app would be updated to allow users to deposit checks directly to their accounts simply by taking a photo of the front and back of each check. The update is apparently due "in the next day or so."
