One of the more annoying things about PayPal and getting money into your account has always been the need to transfer money from your bank account. Bank account transfers have been the primary method of getting money into a PayPal account since the service launched. PayPal announced that it has now launched its first fully branded cash loading card.
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‘PayPal’ Stories
PayPal launches prepaid PayPal My Cash Card
eBay says December 9 was its “biggest mobile shopping day”
The holiday shopping season is in full swing, which means that a lot of companies are cleaning up. One of these companies is eBay, as it announced today that Sunday, December 9 was its "biggest mobile shopping day" ever. Of course, eBay's various sellers are making the most money from these mobile sales, but you can bet that eBay made a healthy amount of cash just from the sheer volume of transactions.
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eBay and PayPal see big jump in mobile payments this Thanksgiving
Betwix watching football, eating turkey, and enjoying the holiday festivities, shoppers used their mobile devices to pay for a large amount of their online shopping sprees. Both eBay and PayPal saw a massive jump in mobile payments this Thanksgiving holiday. The figures are compared to the payment numbers from Thanksgiving 2011.
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Anonymous celebrates Guy Fawkes Day with reported PayPal hack [UPDATE]
In case you don't remember, today is Guy Fawkes Day. Anonymous is trying to make sure that you remember the fifth of November, taking to Twitter today to announce that it has hacked PayPal and made off with nearly 28,000 passwords. According to The Next Web, Anonymous posted these passwords (along with usernames and telephone numbers in some cases) to Private Paste, though at the time of this writing the page linked to by the AnonymousPress Twitter account has been taken down. [UPDATE: PayPal responds below.]
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SlashGear Evening Wrap-Up: October 30, 2012
Welcome to Tuesday evening everyone. We had so many big posts today that it's hard to know where to start. Kicking things off, we're live at Microsoft Build 2012, bringing you the latest on Windows 8, Surface, and Windows Phone 8. We also went hands-on with the Samsung Nexus 10 and the LG Nexus 4 today, so be sure to check those out if you're thinking about picking up either (or both!) when they launch next month. Today we found out that Disney is buying out LucasFilm and that Star Wars Episode VII is in the works - both of those were major announcements for the millions of Star Wars fans out there.
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eBay Q3 2012 earnings show solid year-over-year gains
eBay posted its financial results for quarter 3 2012 today, and it looks the company had a good quarter across the board. Total revenue for the quarter came in at $3.4 billion, which is a 15% increase year-over-year. Despite that significant climb, Forbes points out that revenue was slightly below the $3.41 billion analysts were expecting, but still, missing the mark by $10 million when revenue was in the billions isn't too bad.
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PayPal updates policy to prevent users from suing
PayPal has been hit with a lot of grief recently, namely due to holding your funds under review for no reason and making changes to your account with your permission. Obviously, these things are what lead to users suing the company, so PayPal ended up updating their policy a few days ago, which now requires users to to mail in an "opt out" form if they want to retain the ability to sue PayPal in class action.
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SlashGear Evening Wrap-Up: August 23, 2012
Welcome to Thursday folks - just one more work day to go and another weekend will be here. Today a new video gave us a look at reported iPhone 5 parts, and it seems that the iPhone will be sporting a new look with the next iteration. Recent whispers are saying that Nokia will reveal a total of three new Windows Phone devices during its September 5 event in New York City, and today Microsoft updated its logo for the first time in a whopping 25 years.
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PayPal and Discover team for PayPal payments in retail stores
PayPal has announced that it is expanding its off-line payment capabilities by teaming up with Discover. By teaming with Discover PayPal will be able to get its service into over 7 million merchant locations across the United States. PayPal is also looking forward to the opportunity to expand to millions of international locations in the future.
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PayPal announces card.io acquisition
PayPal has purchased San Fransico-based card.io, the massive company has revealed. Hill Ferguson, PayPal's Vice President of Global Product, announced the acquisition on the PayPal Blog earlier today, saying that the card.io team will be joining PayPal's San Jose team to help "create new experiences to make it even easier for consumers and merchants to use the PayPal digital wallet."
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SlashGear Evening Wrap-Up: June 21, 2012
Happy Thursday, everyone. How is your week going? Summer is now here, but we're still getting flooded with technology news. It never stops, so let's get right to it. For starters, we have this - Android 4.1 Jelly Bean headed for Google I/O. Moving onto gaming news - Nintendo Miiverse will not connect to other social networks. And in the world of mobile news - The Nokia 808 PureView has landed.
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PayPal increases bug bounty pay rates
If you manage to find a security flaw in any of PayPal's products, you may be entitled to a cash reward. And now, that reward is bigger than ever. The alternative payment processor has followed in the footsteps of companies like Mozilla and Google, both of which offer similar "bounty" programs and have also recently increased the money they pay to honest hackers.
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