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April 19, 2012 · 3 Comments

PayPal Stars in eBay’s 1Q Performance

Strong growth in payments helps lift profits 20%.

E-commerce market watchers expected a strong first-quarter report from eBay, and the company delivered, posting a 20-percent rise in profits. eBay Inc. reported net revenue was nearly $3.3 billion for the quarter, up 29 percent compared to the same quarter of 2011. Read More

April 16, 2012 · 4 Comments

Payment Processors: Gateways and Beyond

Part 2 of a series about electronic payment providers and what merchants should look for

Today’s online retailers might have an edge on traditional brick-and-mortar stores because they don’t necessarily need as much experience or know-how to become successful. However, those with the most understanding about the behind-the-scenes of business are better equipped to make the right decision. Read More

April 10, 2012 · No comments

Payment Processors: Unraveling the Mystery

Part 1 of a series about electronic payment providers and what merchants should look for

If you do business online, the term “payment service provider” is most likely familiar to you, but knowing which payment provider to use can be a bit tricky. Merchants who search for potential payment processors can find a large number of choices to sort through, and the task can seem daunting. Read More

April 4, 2012 · 3 Comments

PayPal Revamps its Payment Options

All-in-one solution, PayPal Payments, targets small businesses.

PayPal has repackaged its payment tools to provide an all-in-one solution meant to give small merchants more flexibility in how they receive payments. The new offering, called PayPal Payments, is a tiered structure that rolls in online payments, mobile payments, in-person payments via PayPal Here, invoicing capability and debit card access to PayPal funds. Read More

March 29, 2012 · No comments

Zong Founder Named President of PayPal

David Marcus joined PayPal with Zong acquisition.

Zong Founder David Marcus has been named president of PayPal, filling a position vacated in January by Scott Thompson, who left to be CEO of Yahoo. Marcus’ appointment was announced on the PayPal Blog this morning by John Donahoe, CEO of eBay, which owns PayPal. Read More

March 15, 2012 · 1 Comment

Mobile Users Can Now Take ‘PayPal Here’

Payment processor unleashes its card-swiping device.

The e-commerce industry is finding new ways to capitalize on mobile technology and stretch it to its limits. PayPal has been churning out some new innovations to employ its services through mobile devices and today released PayPal Here, a mobile credit card reader. Read More

March 12, 2012 · No comments

PayPal Executive Killed by Commuter Train

Eric Salvatierra was PayPal's VP of customer advocacy.

PayPal executive Eric Salvatierra was killed Friday morning when he was struck by a commuter train in Menlo Park, CA, roughly 18 miles from PayPal’s San Jose campus. Caltrain is reportedly still investigating the matter. As of press time, no official statement had been issued by PayPal or eBay, which owns PayPal. Read More

February 28, 2012 · No comments

eBay, PayPal Step Up Mobile Efforts

New partnerships seek to make mobile commerce more viable.

eBay and PayPal continue their drive into mobile commerce with several new partnerships and integrations that will make mobile commerce more viable. eBay and are collaborating to offer mobile devices that will be preloaded with eBay apps. Three is a leading mobile network provider in the U.K. Read More

PayPal Shop and Pay On-the-Go
February 10, 2012 · No comments

PayPal Pilots ‘Pay On the Go’ in Singapore

QR-reader app lets subway commuters shop via mobile phones.

Pushing forward with its vision of shopping “anytime, anywhere and any way,” PayPal has begun piloting an on-the-go payment service in Singapore’s subways. The Shop and Pay On the Go program, which is live in 15 subway stations, lets consumers use mobile devices to scan advertisements and make purchases on the spot. Read More

January 9, 2012 · No comments

A New Take on Income Taxes

New 1099-K form for tax reporting will create a clear paper trail of online revenue.

A new Internal Revenue Service requirement that small businesses report their online sales through Form 1099-K takes effect with the coming tax-reporting season. Form 1099-K, being distributed to small businesses this month, is intended to make revenue tracking easier for the IRS. Read More

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