PayPal

PayPal and Discover team for PayPal payments in retail stores

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 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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PayPal increases bug bounty pay rates

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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Diablo III Real Money Auction House officially launched

Diablo III Real Money Auction House officially launched

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

TiVo and PayPal team on in-ad shopping

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.

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PayPal point-of-sale partnerships expand

PayPal point-of-sale partnerships expand

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.

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MasterCard unveils PayPass Button and software

MasterCard unveils PayPass Button and software

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.

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WePay tries to keep PayPal on its toes

WePay tries to keep PayPal on its toes

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.

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Square transactions reach $5 billion per year

Square transactions reach $5 billion per year

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.

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