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‘PayPal’ Stories

Diablo III Real Money Auction House officially launched

, Jun 12th 2012 Discuss [0]

Today is the first day that users will be able to toss real hard-earned cash at virtual items in the game Diablo III online. This game has for some years now been teased to have a real-money auction house (in addition to its more basic virtual gold auction house), and upon the game’s launch earlier this year, it’s been the most widely anticipated feature not to be included with the initial build. Today when you head online to Diablo III you’ll more than likely see an update to your software and a couple of new user agreements before you’re allowed to play.

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TiVo and PayPal team on in-ad shopping

, Jun 12th 2012 Discuss [0]

TiVo and PayPal have inked a deal for streamlined shopping in interactive advertisements, turning the remote into a gateway to the digital wallet. The new service, which will begin showing up in TiVo adverts from this fall, will allow subscribers to charge products directly to their PayPal account, with automatic shipping to the registered address. Read The Full Story

PayPal point-of-sale partnerships expand

, May 24th 2012 Discuss [0]

PayPal is looking to vastly increase its presence in the world of in-store payments. The company has just announced that it struck a major partnership with some of the leading providers of in-store cash register systems, allowing consumers to use their PayPal account to pay for products from within a retail store. Stores will be able to use their existing equipment to begin accepting PayPal payments. Read The Full Story

MasterCard unveils PayPass Button and software

, May 7th 2012 Discuss [1]

MasterCard was one of the first companies to actively pursue contact payments in the US, and today they're announcing plants to incorporate their PayPass system across web and mobile platforms. In addition to the standard contactless PayPass kiosks that you've likely already seen in US gas stations and other retailers, MasterCard is readying the PayPass Button to sync payments for online merchants as well. In practice, it bears a striking resemblance to PayPal, with the benefit of being already integrated with your credit card. Read The Full Story

WePay tries to keep PayPal on its toes

, May 3rd 2012 Discuss [2]

In the current environment of social payment services and the explosion of alternative payment methods both online and in-store, the largely unknown PayPal rival WePay thins now is the time for it to stand up and show that a monopoly in the online money-sharing market doesn't make sense anymore. And its investors agree. The company just announced that it has received $10 million in new funding. Read The Full Story

Square transactions reach $5 billion per year

, Apr 25th 2012 Discuss [0]

If anyone doubted the power of Square, which does one thing and does it well, here's a pretty salient fact for you - the company is processing transactions at a rate of $5 billion per year. Just a month ago, it was boasting of a rate of $4 billion per year. That's a 25% rate of growth in one month, and it's representative of how the market of mobile payments has exploded in the first half of 2012. Read The Full Story

eBay quarterly earnings see PayPal exploding

, Apr 18th 2012 Discuss [6]

There's no denying that eBay has been a force to be reckoned with in the online auction space here on the web for quite a few years - and today's earnings report supports that claim with a fury. That fury, on the other hand, is really based quite a bit on the power of PayPal, the online payment system acquired by eBay when it was clear that they were made for one another. As eBay grows, so too does PayPal - but the overall growth of the two looks just a bit sheepish compared to the growth of just PayPal alone. Read The Full Story

PayPal launches new tiered structure for business, seamless product integration

, Apr 4th 2012 Discuss [1]

With all the new products and services PayPal has launched over the last several months, the company has now taken the organizational step of making sure all those new platforms are available and easily accessible to users, particularly those in the world of small and medium-sized business. The bottom line is that PayPal will now offer a free level as well as an Advanced tier and a Pro tier. Read The Full Story

PayPal’s mobile VP promoted to president

, Mar 29th 2012 Discuss [0]

If you needed another indication that mobile payments are PayPal's future, David Marcus is all the proof you need. Marcus was the top dog in the company's mobile division, and under his leadership a whole bevy of new mobile initiatives have launched. Now, he'll oversee the entire Ebay-owned online payment platform. Ebay announced the structural change today, and it means PayPal will continue to steam ahead in this still-nascent market. Read The Full Story

PayPal VP jumps ship to Square

, Mar 20th 2012 Discuss [0]

Almost immediately after PayPal became a legitimate competitor to mobile payment innovator Square, one of the company's vice presidents decided she would rather work for the new up-and-comer. Square's dominance in the market of expanding the way people pay with their phones is going to be put to the test, and it needs someone to guide the company in the right direction. Read The Full Story

Mastercard’s transactions to double by 2018 thanks to mobile payments

, Mar 16th 2012 Discuss [1]

The number of transactions that are handled by Mastercard's payment services is expected to almost double in the next six years, to 53 billion. The reason, according to analysts, is because of the company's extensive growth in the world of mobile payments. It's a segment that is seeing a lot of attention right now, and one that will enable Mastercard to get billions of new customers. Read The Full Story

PayPal Here demonstrated for mobile payments

, Mar 15th 2012 Discuss [2]

This week the folks at PayPal have revealed a mobile payment project aiming to take on the already popular Square platform, working with a triangular piece of hardware that plugs into your iPhone. This new project is set to be titled "PayPal Here" and will be plugging in to your headphone jacks soon, complete with a "wing" hinge which keeps the hardware steady as you swipe your credit card through. The app that goes with the hardware goes by the name PayPal Here as well, these two pieces of the equation adding up to your ability to take payments from anyone with a credit card anywhere you like. Read The Full Story
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