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.
PayPal currently lends money to shoppers on their service, but it is beginning to …
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.