January 11, 2013 No comments
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
October 30, 2012 1 Comment
Cuts 325 employees toward creating 'agile' development teams.
PayPal announced Monday that it will lay off 325 full-time employees and 120 contractors in a restructuring of its product organization. The announcement confirms recent reports that PayPal would cut as many as 400 from its workforce of 13,000 to simplify development efforts, which the company had already begun refocusing around mobile payments. Read More
October 16, 2012 No comments
Cuts expected in development, technology and marketing.
PayPal will reportedly cut 3 percent of its workforce, or about between 300 and 400 jobs. Multiple news agencies report that the payment processor will tighten its breeches by laying off staff, citing sources close to the matter. However, no estimates of when cuts would start were given. Read More
August 8, 2012 No comments
Payment processor to nix signature confirmation requirement, referral program.
PayPal will stop requiring signature confirmation in the U.K. for expensive shipments, starting in October, and will also retire a little-known referral program. The payment processor notes the changes in its updated User Agreement, which takes effect Oct. 9. Currently, PayPal requires signatures as proof of delivery for shipments valued at 150 pounds or more, according to its policies. Read More
July 27, 2012 5 Comments
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 27, 2012 No comments
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 21, 2012 No comments
New design begins rollout in U.S., will eventually go global.
Buyers and sellers in the U.S. who visit PayPal.com this week may notice the site looks a little different. Vikas Bhatia, PayPal’s senior director of Online Marketing, announced the site’s redesign on the PayPal Blog. He notes that some visitors in the U.S. Read More
May 22, 2012 4 Comments
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
April 26, 2012 2 Comments
Chirpify platform allows Twitter users to monetize their tweets.
If you ever wondered how to turn all your tweeting into profits, a chirp might just be what brings the egg to the nest. Twitter has joined with Chirpify, a Portland-based social commerce platform that enables merchants to buy, sell, donate and transact through a simple tweet. Read More
April 24, 2012 No comments
Part 3 of a series about electronic payment providers and what merchants should look for
In Payment Processors: Unraveling the Mystery, we covered some basic payment processing terminology and discussed the top factors merchants should consider when shopping for a payment provider. Payment Processors: Gateways and Beyond discussed a few popular merchant gateways and a few emerging mobile payment apps. Read More