PayPal

Amazon closing WebPay, drops P2P altogether

Amazon closing WebPay, drops P2P altogether

When it comes to transferring money between individuals, cash still reigns supreme. Still, some entities have tried to break into the space, digitally speaking, with PayPal and Square being two notable ways to do so. A potentially big player in the person-to-person digital payment sector was Amazon, but they’re shelving their offering next month.

Continue Reading

Report: eBay wants to spin PayPal into standalone business

Report: eBay wants to spin PayPal into standalone business

PayPal is a strong player in the world of mobile payment solutions, and leans heavily on eBay for leverage in that realm. That’s because eBay owns PayPal, and uses them as an in-house payment processor. A new report suggests that the online marketplace may be looking to spin PayPal off as its own unit, likely making it more nimble in the process.

Continue Reading

eBay hacked: Passwords reset after servers raided

eBay hacked: Passwords reset after servers raided

An eBay hack has left the online auction site asking all of its registered users to change their password, after its databases were compromised and encrypted login details stolen. Investigation of the hack, eBay says, shows no signs that credit card or other financial information was obtained, but instead a broad selection of personal data including physical address and phone number.

Continue Reading

Square may sell out to rivals in the face of continuing losses tip sources

Square may sell out to rivals in the face of continuing losses tip sources

Square is a mobile payment start up that has been operating for a while and makes it easy for people to get paid. Things haven't been going well of late for the company and in the face of losses and cash flow issues. Sources familiar with the company and its operations claim that Square may sell to one of its rivals. Three people who claim to be familiar with goings-on say that Google considered buying Square earlier this year.

Continue Reading

Facebook wants you to trust it with your money

Facebook wants you to trust it with your money

Facebook is preparing to challenge PayPal and Google Wallet as an electronic payments service, reportedly expecting imminent regulatory approval that would enable it to operate a money transfer system in Europe. The social networking behemoth is said to be in the midst of approval proceedings from Ireland's central bank that, if secured, would allow it to issue its own currency equivalent that would be valid across European countries.

Continue Reading

1 2 3 4 5 6 7 8 9