PayPal

PayPal is getting its own turn, spinning off from eBay

PayPal is getting its own turn, spinning off from eBay

Although rumored to still take place next year, eBay has now made the expected announcement. The online retailer will be spinning off PayPal into its own independent company. This is being poised as a strategy to keep the two brands separate and more lucrative in 2015, when its board predict that the association between the two would start to become a liability rather than a benefit.

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Report: PayPal dropped from Apple Pay because Samsung

Report: PayPal dropped from Apple Pay because Samsung

Apple Pay is going to make waves in the mobile payment realm, that much is certain. On launch, many wondered why Apple’s service didn’t just partner with another, similar service — or buy them. A new report suggests Apple was in discussions with PayPal to be involved with Apple Pay, but cut them loose because of Samsung.

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Next Samsung smartwatch: fingerprint sensor, mobile payment

Next Samsung smartwatch: fingerprint sensor, mobile payment

It's still months away, but rumors about Samsung's next smartwatch are already surfacing. Features expected to debut on this wearable include a fingerprint scanner, which would in turn enable secure payments from the smartwatch. And the timetable for this gadget? MWC 2015 in February next year.

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Samsung/PayPal may battle Apple Watch/Apple Pay in 2015

Samsung/PayPal may battle Apple Watch/Apple Pay in 2015

Samsung has a lot of wearables on offer, and a good number of them are smartwatches. Like any other smartwatch, theirs primarily serve as a notification center on the wrist. Now that Apple Watch is out, Samsung may be following suit with a new wearable tied directly to mobile payments.

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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.

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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.

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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.

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PayPal considering adding Bitcoin

PayPal considering adding Bitcoin

EBay added a virtual currency section to its website early last month, giving Bitcoin and similar users the option to buy and sell the digital monies. The company may be extending its cryptocurrency embrace to include support on PayPal.

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Google adds PayPal to Google Wallet for Android downloads

Google adds PayPal to Google Wallet for Android downloads

Google has added PayPal support to Google Wallet, allowing Android users buying apps and content from Google Play to use the rival payment system rather than its own. The additional payment method - which will sit alongside registering a credit card with Google Wallet, not replace it - will launch in twelve countries initially, of which the US and UK are included.

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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.

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Galaxy S5 print-scanning spoof: PayPal responds

Galaxy S5 print-scanning spoof: PayPal responds

Earlier today the folks at SRLabs showed a demonstration of how using a bit of wood glue and some interesting printing techniques, they were able to trick the Samsung Galaxy S5’s fingerprint scanner. This trick took the same method used for their test of the iPhone 5s’ Touch ID, much in the same way CCC (Germany’s Chaos Computing Club) tricked iPhone 5s’ scanner this past September.

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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.

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