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January 11, 2013 · No comments

Build Your Own Online Store, Part 2

Choose your shopping cart software.

If you’re ready to kick the eBay habit and carry your business to the next level, you will need a shopping cart for storefront and administration purposes now that you have your niche in place, and want to build your own online store. Read More

August 31, 2012 · No comments

Etsy to Introduce Gift Cards

New feature is the first to be incorporated into direct checkout.

Etsy announced it will offer gift cards—a popular holiday present—starting in October as the first feature built into its direct checkout. Shoppers will be able to redeem gift cards only when they pay for items through direct checkout. Direct checkout launched in February and allows buyers to pay for products without leaving the site, writes Natalie Schwartz, an Etsy product manager, in a blog post. Read More

August 20, 2012 · 1 Comment

Kabbage, PayPal Win Online Payment Awards

Companies beat out Google, Square, among many others.

Kabbage is innovative. PayPal is disruptive—and disruptive is a good thing. That’s according to PYMNTS.com, a news source for online payment-industry experts, which named Kabbage and PayPal as two of the top companies in payments during its Innovator Awards, which honor “the most creative and disruptive” in the payments industry. Read More

August 1, 2012 · No comments

ProPay Expands Service to All eBay Sellers

Payment option was previously only for PowerSellers.

eBay sellers now have access to another payment service that was previous reserved for PowerSellers. ProPay announced it is allowing all eBay sellers to have its integrated eAuction Account as of today. This will allow merchants to accept Visa, MasterCard, American Express and Discover cards on eBay without opening a merchant account, and without buyers needing to create a ProPay account. Read More

July 27, 2012 · 5 Comments

PayPal Tests New ‘Funds Availability’ Policy

Aims to educate new sellers about holds policy, allow faster access to their cash

PayPal is testing a new policy regarding the availability of funds that will “immediately impact new sellers” and should help them get their money faster. Katherine Hutchison, PayPal’s head of Risk Management for the Americas, notes on the PayPal Blog that the policy being tested—which includes a new identification process—was fueled by feedback from new sellers, who were frustrated with the current policy that puts a hold on the money buyers pay them until they develop a selling history. Read More

June 28, 2012 · No comments

Etsy Direct Checkout Available to U.S. Sellers

Feature will let buyers pay by credit card without leaving site.

Etsy sellers in the U.S. can now offer direct checkout, so buyers won’t have to leave the site to complete checkout with credit cards. Etsy’s Camilla Velasquez posted the announcement Wednesday on the Etsy blog. She notes that as of June 20, direct checkout is available to all Etsy merchants based in the U.S. Read More

June 27, 2012 · No comments

PayPal Reorganizes Around Mobile

Focus on mobile payments will simplify product development, exec says.

PayPal is restructuring its global organization around mobile payments, the company announced this week. Following last week’s rollout of a new, simplified site design, the payment processor will also simplify its approach to product development, notes David Marcus, PayPal’s president, in a blog post. Read More

June 1, 2012 · 11 Comments

eBay Loses Bid to Dismiss Payment Monopoly Claim

Class action suit calls eBay's PayPal requirement anticompetitive.

Antitrust claims over eBay’s accepted payments policy were allowed to stand this week in a class action against the company and its payments subsidiary PayPal. The suit, filed in 2010, alleges eBay’s accepted payments policy has made PayPal the only viable payment method, and forces sellers to pay fees to both the marketplace and PayPal. Read More

May 22, 2012 · 4 Comments

PayPal Most Popular for Online Payments

But the payment gateway ranks average for speed, study finds.

PayPal may be the most popular payment gateway on the Web, but it could use a little improving when it comes to speed, according to a recent study by New Relic, an application performance management company. It found that, though eBay’s payment processor accounted for about 60 percent of the more than 65,000 online transactions that took place during its test period—making it the most popular gateway on the Web—PayPal was 10th in terms of speed, with a mean transaction time of 1.45 seconds. Read More

May 9, 2012 · No comments

PayPal Expands Presence in Asia

Company announces new payment service and development center.

PayPal is expanding its reach around the world with two ventures that give it a greater presence in Asia, officials announced this week. The first initiative is a partnership with Softbank, Japan’s third-largest mobile phone company. With it, the two companies will launch PayPal Here, a service that will allow Japanese businesses to accept credit, debit and PayPal payments through their smartphones. Read More



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