After discussing its vision of a digital payments future over the past few years, PayPal is finally making it a reality today with the launch of its new iPhone and Android apps.
Editor’s Pick “I’m pretty sure Paypal is an actual terrorist organization,” said one Redditor, who claimed to have lost $1,000 in a PayPal transaction.
If you purchase, evaluate, develop, or invest in enterprise technology, then you need to be at CloudBeat 2013, Sept. 9-Sept. 10 in San Francisco.
Justin Crockett and his family were raising money for chemotherapy to combat his aggressive brain tumor. They received a donation from a “friend of a friend” on Tuesday, but struggled to make PayPal pay up.
“It’s great new, it’s wonderful,” Giartosio told me this morning from Venice, Italy. “Now I can open PayPal payments again on the campaign.”
Soon you might be able to pay for something in a mobile app using your Facebook account login credentials, rather than using PayPal, Google, or Amazon.
Editor’s Pick It’s wonderful to raise money via crowdfunding platforms such as Indiegogo and Kickstarter. Not so great, however, if PayPal refuses to release the money that supporter have pledged to back your project.
Mobile wallet startup Lemon released Lemon Network where merchants can quickly implement one-touch mobile checkout.
I’m delighted to announce the first three speakers at our CloudBeat 2013 event in San Francisco on Sept 9-10.
While Square gets most of the hype in the mobile payments world, eBay’s PayPal business remains strong.
The mobile payments space is a crowded battlefield of competing companies and rivalry is slowing the sector’s growth.
Executives from PayPal, Stripe, Braintree, and PocketChange shared what obstacles are standing between us a world where all you need to buy a beer, a diamond bracelet, or new house is your phone.
Payments startup Braintree is on a mission to conquer the European market before competitors or clones.
Mobile payments startup peeked out of stealth mode long enough to reveal that it has raised a whopping $25 million seed round from some of the most well-known investors out there.
Guest Post PayPal is leaping ahead with an EMV version of its PayPal Here reader, which is a better fit for many international markets. I was recently in London and had the chance to get a demo from PayPal’s Narik Patel, director of mobile merchant services.
Who needs money when you can have iMoney?
Personal Capital, the startup that claims to be the world’s first digital wealth management service, just raised a $25 million third funding round.
Editor’s Pick In remarks at D11 today, Musk came across as a visionary leader who, unlike his peers, actually knows what the hell he’s doing and isn’t afraid to say what he thinks.
Erply provides POS system and inventory management software for commercial retail and e-commerce businesses. Today the company announced raising $2.15 million in its second round of funding.
New Zealand based Vend raises $6.5 million for its software that integrates with existing point-of-sale systems to bring them into the cloud.
In other words, PayPal is all in.
In its ongoing effort to become a universal payment service, PayPal is today launching a new service that should simplify shopping on mobile websites.
Javelin Strategy and Research released a report which found that mobile point-of-sale (POS) technology poses a significant and growing threat to terminal-based solutions.
Skullgirls raised more than $830,000, but PayPal worries that some fans may demand refunds.
The future of eBay is mobile payments, however, and for investors willing to overlook some short-term pain, there may be some long-term gain as PayPal transaction volume increased a strong 21 percent in the last quarter, and PayPal merchant services jumped 25 percent.
Payments giant PayPal has acquired Palo Alto startup Iron Pearl to help it grow past 123 million users,
PayPal has tested a program offering financing to merchants in the United Kingdom and will roll out similar tests in the United States later this year.
Payments company Braintree has publicly released Venmo Touch and made updates to its iOS software developer kit (SDK) to make mobile purchases as easy as Facebook Connect.
Balanced, which provides backend payments solutions for online marketplaces, adds $2 million into its seed round after six months of strong momentum.
Traditional payments systems are becoming obsolete as companies developer cheaper, more efficient, flexible alternatives.
Imagine this scenario: Your babysitter needs $40 so she can pay for a taxi home, but you spent all your cash at dinner.
A company called Akimbo has developed a solution to this type of problem.
For PayPal’s grand plan of world payment domination to succeed, it needs developers. And to attract devs, it needs tools that don’t send them running to competitors.
Plastiq’s payments solution makes it easier for merchants to accept credit cards and consumers to pay with credit cards online.
PayPal is entering the European market with its Here product, a mobile payments system that competes directly with Square.
Jeep’s Twitter account recently told the world that the iconic brand had been “sold to Cadillac.” And Burger King’s account started mysteriously promoting McDonalds. Two high-profile hacks in less than a week means, apparently, that Twitter had to take some action.
The good news, if you’re PayPal, is that almost three quarters of Americans know about you and your digital wallet solution. The bad news is that under half of them really understand what a digital wallet is.
“We had a great finish to an excellent year, with fourth quarter results exceeding our expectations,” said eBay president and CEO John Donahoe.
Two of Square’s biggest competitors are joining forces.
PayPal surpassed its goal of adding 20 national retailers onto its in-store payment platform.
Instead of using marketing to get potential sellers and buyers on eBay’s website, the company is testing new ways to physically get people’s items from their houses.