PayPal extends One Touch payment to online transactions
PayPal One Touch, which is widely used by shoppers on mobile phones, is designed to ease checkout flows that have users bouncing between screens and typing in personal information, which leads to millions of unfinished transactions.
Apr 28, 2015, 21:40 PM IST
EBay profit beats as revenue surges from PayPal business
E-commerce company eBay Inc reported a higher-than-expected quarterly profit as revenue surged from its payments business that includes PayPal, which the company said would be spun off in the third quarter.
Apr 23, 2015, 06:52 AM IST
PayPal to pay $7.7 million in US Treasury sanctions case
PayPal, the electronic payments firm, agreed to pay $7.7 million to settle charges by the U.S. Treasury Department that it violated numerous sanctions programs against countries that include Iran, Cuba and Sudan, Treasury said on Wednesday.
Mar 26, 2015, 10:11 AM IST
PayPal to buy Israeli cyber security firm CyActive: Media
Online payments company PayPal, a unit of eBay, will buy Israeli cyber security company CyActive for $60 million, Israeli media reported.
Mar 08, 2015, 16:36 PM IST
PayPal to acquire mobile wallet Paydiant
eBay's mobile payment services unit PayPal will acquire mobile wallet firm Paydiant for an undisclosed sum as the competition in the payment solutions market from rivals like Apple and Google heats up.
Mar 03, 2015, 20:19 PM IST
Paypal's retail chief quits before eBay split
Paypal executive Don Kingsborough, who helped orchestrate the payments company's move into physical retail stores, stepped down in January, the company said on Wednesday.
Feb 05, 2015, 11:26 AM IST
EBay to cut jobs, sell enterprise unit ahead of PayPal split
EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year.
Jan 22, 2015, 10:23 AM IST
Ebay considering cutting 10% of workforce
Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported.
Dec 11, 2014, 08:21 AM IST
Alibaba open to working with PayPal: Report
Alibaba Group Holding Ltd is open to working with eBay Inc`s PayPal to expand its payment options, Bloomberg reported, citing an interview with the Chinese e-commerce company`s vice chairman.
Nov 12, 2014, 10:21 AM IST
Marc Andreessen quits eBay board ahead of PayPal spinoff
"After 6 years of service + completed decision to split, I`ve decided now is a good time to step off the eBay board of directors," Andreessen tweeted on Monday.
Oct 20, 2014, 19:04 PM IST
PayPal to break apart from eBay into separate company
PayPal has consistently been the most widely used platform for digital wallet users.
Oct 01, 2014, 11:26 AM IST
eBay to split PayPal into standalone company
US online auction giant eBay on Tuesday agreed to shareholders` requests for a split making its highly profitable PayPal brand into an independent company starting next year.
Sep 30, 2014, 18:20 PM IST
Amazon presents mobile payment system
Global e-commerce company Amazon has presented a credit and debit card reader for mobile devices in the style of Square or PayPal.
Aug 15, 2014, 11:46 AM IST
Amazon.com takes on PayPal, Square with credit card reader
Amazon.com Inc unveiled a USD 10 credit-card reader and mobile app for businesses on Wednesday, expanding further into bricks-and-mortar retail and the rapidly evolving mobile payments arena.
Aug 13, 2014, 23:06 PM IST
PayPal signs "ten of thousands" customers in Nigerian launch
E-commerce remains in its infancy in most of Africa but is growing exponentially with the advent of online retailers such as Jumia, partly owned by South African phone operator MTN.
Jul 23, 2014, 09:51 AM IST
David Marcus President of PayPal joins Facebook
David Marcus the president of PayPal, which is an online transaction company, is moving to Facebook at the end of this month.
Jun 10, 2014, 18:25 PM IST
Head of eBay's PayPal unit steps down to join Facebook
EBay shares fell a little more than 2 percent in trading after hours. Under Marcus, PayPal has moved more aggressively into the physical world by developing a mobile wallet for consumers as well as point-of-sale systems for retailers.
Jun 10, 2014, 09:01 AM IST
