News stories featuring PayPal:
January 13th, 2016
London commuters will soon be able to pay for black cab fares with an NFC device or a contactless card using PayPal Here, the company’s contactless reader that launched in the UK in August 2015. “PayPal Here has been approved as a card payment solution by Transport for London (TfL),” PayPal says. All London taxis will be required to accept contactless payments from October 2016, TfL confirmed in November.
December 22nd, 2015
More than 10m consumers have now opted in to PayPal’s One Touch mobile payments solution. “PayPal is processing millions of One Touch transactions each month,” the company says. “More than 50% of the Internet Retailer 500 and more than 1m merchants around the world have One Touch enabled.” PayPal unveiled One Touch in August 2014 and expanded the service to 13 markets in August 2015.
December 17th, 2015
Facebook Messenger users across the US will soon be able to order and pay for an Uber taxi from within the chat app. “Within a conversation, tap the more menu and choose transportation,” Facebook says. “You can also search directly for Uber and tap the car icon to request a ride. For a limited time, you’ll get a free ride the first time you use this feature.” Payments are being processed by PayPal’s Braintree.
December 17th, 2015
43% of US consumers have used a mobile device such as a smartphone, tablet or smartwatch to make an in-store purchase, up from 36% last year, research from location-based mobile platform Retale shows. PayPal takes the number…
December 3rd, 2015
Only 2.7% of US shoppers with Apple Pay used the service on Black Friday to make a purchase in a store equipped to accept the mobile payment technology — representing a decrease from 4.9% last year, research from InfoScout reveals. Just 2% of Android owners used their device to make a mobile payment for eligible transactions during the day.
November 5th, 2015
More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals. “45% currently use PayPal mobile, which was the most popular mobile wallet used by consumers who took part in the survey,” the company says.
October 30th, 2015
An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found. 4% most trust alternative payment providers such as PayPal and Venmo while only 1% most trust major retailers or telecom companies. 6% of US consumers have used a mobile app to make a payment, the survey found, with PayPal most popular (45%) followed by Apple Pay (42%) and Google Wallet (11%).
October 6th, 2015
Foodservice, facilities and clothing provider Aramark has partnered with US mobile commerce app provider Tapingo to enable university students and staff to order food from participating locations and pay directly from their mobile device using their student card, credit card or PayPal. “Tapingo and Aramark will roll out the service at more than 25 universities during the program’s initial phase,” Tapingo says.
September 29th, 2015
PayPal is to introduce its PayPal Here contactless card reader in the US on September 30, following its launch in the UK in August 2015. “The reader works on both iOS and Android platforms and accepts chip card transactions, magnetic stripe and contactless NFC transactions including Apple Pay, Android Pay, Samsung Pay and any other NFC-enabled device or card,” PayPal writes in a blog post.
September 18th, 2015
US department store chain Macy’s will enable PayPal as a payment option for in-store, online and mobile purchases by the end of September 2015. “In-store customers can checkout via Payment Code on the PayPal app or on the Macy’s app which enables consumers to scan a QR code on their mobile device,” PayPal says. The integration will also enable PayPal’s One Touch checkout for online and mobile.
September 17th, 2015
Eight in ten UK consumers with bank accounts have used an alternative to traditional cash and plastic cards in the last 12 months, research by Gocompare.com has found. 4% have made an NFC mobile payment,…
September 1st, 2015
PayPal has launched a P2P payment service in 18 countries that lets consumers request money by sharing a personal PayPal.Me link. “It’s a link you can personalise with your name,” PayPal’s Meron Colbeci writes in a blogpost. “Recipients click the link on any device, enter the amount, hit send. The money is quickly transferred into your PayPal account.”
August 26th, 2015
PayPal has extended its One Touch mobile payments solution to 13 new markets: Australia, Austria, Belgium, Denmark, France, Germany, Netherlands, Norway, Poland, Spain, Sweden, Switzerland and Turkey. “Eligible merchants in these markets will automatically have One Touch enabled without needing to do any integration,” the company says. The platform was launched in August 2014 and is available in the US, UK and Canada.
August 11th, 2015
PayPal has launched the new version of its PayPal Here card reader, equipped with contactless, in the UK following its unveiling in March. The reader “accepts contactless transactions payments from Visa, Maestro and MasterCard debit/credit cards along with Apple Pay,” PayPal writes in a blog post. “The new reader is set up to process transactions through chip and pin as well as those taken by swiping the magnetic stripe.”
August 7th, 2015
Only 49% of small business owners in the US that accept point-of-sale card payments today are aware of the EMV liability shift on October 1, with just 29% intending to make the change before the deadline and 34% intending to do so afterwards.
August 6th, 2015
Samsung Smart TV owners will be able to make payments directly on the device by selecting the item they wish to purchase, pressing Pay Now and entering a PIN. Samsung Pay on TV will support “major credit cards, debit cards, PayPal as well as other mobile billing options,” Samsung says. “Samsung mobile device users can easily transfer their Samsung account information and registered payment methods to the Smart TV.”
July 30th, 2015
Restaurant chain Subway is to add PayPal as a payment option in its mobile order and pay app to allow customers to make in-app and in-store payments in 27,000 US locations. PayPal One Touch will also be enabled, allowing customers to pay without typing in usernames, passwords or payment credentials. Meanwhile, Android Pay has been added as a mobile payment option alongside Apple Pay.
July 24th, 2015
Motorists at oil and gas company Shell UK service stations can now make mobile payments at the pump using their Shell Motorist app and PayPal account. The move follows the announcement of the company’s plans…
July 15th, 2015
More than half of US shoppers (54%) would use a mobile wallet if it were accepted everywhere and 20% would stop carrying traditional wallets if mobile payments were accepted everywhere, research from Blackhawk Engagement Solutions reveals. In a survey of 2,500 consumers, 85% use PayPal, 24% use Amazon, 23% use Google Wallet and 19% use Apple Pay.
July 14th, 2015
PayPal-owned payment processor Braintree has announced its support for the UK launch of Apple Pay via its v.zero SDK that will allow merchants to add the mobile payments service as an online checkout option alongside PayPal, credit and debit cards. “We are enabling UK and global merchants to be some of the first to accept Apple Pay in the UK,” the company says.
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