tag: paypal

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PayPal splits from eBay in face of Apple Pay challenge

eBay and wholly-owned subsidiary PayPal will officially split into two independent publicly traded companies in 2015, the company has confirmed. After a review of the company’s growth strategies and structure, the board of directors concluded the split will enable both companies to better position themselves to respond to competitive change.

Alibaba looking to raise $24.3 billion investment before IPO launch

Alibaba set for record IPO and international expansion

The Chinese e-commerce giant is to commence its investor roadshow in the USA this week, ahead of one of the most highly anticipated Initial Public Offerings in the history of the New York Stock Exchange.

PayPal Here is the payment provider's Chip & PIN mobile payment device

PayPal launches Chip & PIN mobile payment device

Payment provider PayPal has launched a card reader device that handles Chip & PIN and PayPal payments in Europe. The device will be available to select UK businesses over the coming months before becoming generally available this summer.

The mobile payment industry is set to grow rapidly

Card.io purchase works out PayPal’s mobile arm

Transaction giant PayPal added another tool to its arsenal for occasional merchants this week with the acquisition of San Francisco startup Card.io. The firm develops an application that enabled users to capture credit card information using the camera on a smartphone.

The FTC claims users were mis-charged

Zong founder takes helm of Paypal

Online payment giant Paypal has named entrepreneur and founder of Zong, David Marcus, as its president. Marcus had held the position of VP of mobile since the acquisition of Zong last year.

PayPal Here will be launched in the US, Canada, Australia and Hong Kong in spring

PayPal launches mobile payment device

PayPal has launched a mobile payment solution allowing small businesses to process a wide variety of types of transaction. The solution, called PayPal Here, allows businesses to accept payments by swiping cards with a fully encrypted thumb-sized card reader, use a phone camera to scan and process cards and cheques and also allows businesses to invoice directly from the PayPal mobile app.

Mobile edge working group bringing content nearer the user

PayPal to launch new in-store mobile payment services

eBay is launching a host of in-store payment processing services for retailers, via PayPal, over the coming months. The services do not rely on the use of near-field communications (NFC) or credit or debit cards.

Zong: most of e-commerce will shortly become m-commerce

Paypal ups ante in carrier billing space

PayPal owner eBay has added to its arsenal in the mobile payments space with the $240m acquisition of Zong, a transaction firm with strong ties to Facebook and expertise in carrier billing.

Operator group Telefonica will allow consumers in the US and Canada to buy mobile airtime in retail stores for family and friends who are Movistar subscribers in Latin America

Tap tap: Google gets its wallet out

Web giant Google has unveiled its plans for NFC mobile payments via the handset and promptly got itself into hot water. It’s PayPal that has taken issue with Google Wallet, and small wonder, given that the two people heading up the initiative used to work for the payments firm.

Is Yahoo aiming to stay relevant?

eBay picks up mobile ad outfit Where

Online auction house eBay has agreed to acquire m-commerce and mobile advertising firm Where for an undisclosed sum. Based in Boston, US, Where runs a location-based mobile ad network, which should give eBay greater presence on a local level.

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