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PayPal

News stories featuring PayPal:

PayPal readies contactless reader

March 2nd, 2015

PayPal is preparing to launch a new version of its PayPal Here card reader that can handle transactions with contactless cards and NFC devices. “Just like the current PayPal Here Chip and PIN reader, it… More

PayPal to buy MCX supplier Paydiant

March 2nd, 2015

Paypal is to acquire Paydiant, a white label mobile payments specialist and developer of a platform that allows retailers to incorporate payment, loyalty and offers functionality into their own apps. Paydiant also provides the mobile… More

Shell UK picks PayPal for mobile payments at the pump

February 10th, 2015

Oil and gas company Shell has partnered with PayPal to roll out mobile payments at the pump across the “vast majority” of its 1,000 service stations in the UK. The move follows a successful trial… More

PayPal curtails in-store ambitions

February 4th, 2015

The team working on PayPals move into in-store payments has been among the hardest hit by layoffs across parent Ebay Incs three divisions, Re/code reports, adding that “PayPal’s in-store initiatives, which includes mobile payments and a credit card reader called PayPal Here, have largely been viewed as big disappointments inside the company.  Don Kingsborough, PayPals head of retail and prepaid products, has also left the company, Re/Code adds.

MasterCard moves towards MasterPass tokenization

February 3rd, 2015

MasterCard is to incorporate tokenization technology into its MasterPass digital wallet in the near future, CEO Ajay Banga has told analysts during the payment network’s 2014 year end earnings call. “We are very focused on… More

One in three Millennials to use a mobile wallet in 2015

February 3rd, 2015

5% of US consumers currently use a mobile wallet and 18% intend to use one in the next year, credit scorer Fico’s “Millennial Banking Insights and Opportunity” survey has found, with the percentage rising to 32% among Millennials — defined as those born between 1980 and 1994. 21% of respondents said they currently use an alternative payment service like Venmo or PayPal and 39% expect to use one in the next year.

Google in talks to buy Softcard to combat Apple Pay?

January 19th, 2015

Google is responding to the successful launch of Apple Pay by going on the mobile payments acquisition trail, according to industry rumours — and US carrier-owned NFC venture Softcard, which laid off 60 staff last week,… More

US consumers call for more retailers to accept mobile payments

January 13th, 2015

More than half (53%) of US consumers think it is important for more retailers to install devices that enable them to pay with their smartphones, a Verifone survey conducted by Wakefield Research has revealed, with… More

US consumers trust banks most with card data

December 17th, 2014

Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals. 48% trust PayPal with their payment and personal information, 45% trust Amazon, 21% trust Apple, 12% trust American Express, 18% trust eBay, 12% trust Google and 12% trust none of the above.

Apple store adds PayPal

December 15th, 2014

PayPal is now available as a payment option in Apple’s online retail store for US and UK shoppers having previously only been available as a payment option in Apple’s app and content stores, Re/code reports. Apple is also promoting PayPal Credit, a service that lets shoppers pay for an item over up to 18 months with no interest.

Burger King to offer mobile orders and payments across the US

November 4th, 2014

Burger King customers in the US will soon be able to order their meals ahead of arrival and pay for their orders using their mobile phone and a PayPal account. Burger King is working with… More

23% of Canadians have made a mobile payment

October 21st, 2014

Almost a quarter of Canadians (23%) have now made a mobile payment in-store with nearly a third (29%) having used their device to make an online purchase, new research from PayPal Canada has found. Nearly half (45%) of the respondents also agreed that Canadians are ready to embrace emerging methods of payments such as conducting a mobile payment via a wearable device.

Apple falls out with PayPal over Samsung deal

October 1st, 2014

PayPal was excluded from the list of Apple Pay preferred partners due to a falling out between the two companies, Bank Innovation reports. The reason? PayPal’s decision to work with Samsung, which has its own mobile wallet ambitions, to deliver fingerprint-secured mobile payments on the Galaxy S5.

Transcript: eBay CEO John Donahoe discusses the future of PayPal as an independent company

September 30th, 2014

“We want PayPal to be present whenever and wherever consumers want to pay so if that means being in other wallets, if that means being in any existing or other new ecosystems where payment occurs, our desire is to be a payments platform that can enable payments in any of those environments,” says eBay’s CEO. More

eBay to spin off PayPal as a separate company in 2015

September 30th, 2014

eBay Inc is to be split into two separate publicly traded companies in 2015, the company has announced — and Dan Schulman, president of American Express’ enterprise growth group, has been hired as the new… More

Samsung and PayPal to offer smartwatch payments

September 23rd, 2014

Samsung is working on a smartwatch that will include biometric verification and support for PayPal payments and location-based offers, reports Business Korea. The device is set to include a fingerprint sensor and could launch at Mobile World Congress 2015.

Mapco adds mobile payments at the pump

August 28th, 2014

Customers of US fuel and convenience store chain Mapco can now pay at the pump with their mobile phone at 276 of the retailer’s stores. “Consumers who download the app can now drive up to the nearest Mapco location, open the app, enter how much they want to pay, and checkout using PayPal,” says Brad Brodigan, ‎VP Retail for North America at PayPal, the exclusive payment option offered by the My Mapco app.

eBay to spin off PayPal?

August 26th, 2014

eBay is considering a spinoff of its payments service PayPal as early as next year, Reuters reports, but details of the move and what structure it could take remain unclear. “The board will continue to assess all alternatives to create that long-term value and to enhance the growth and competitive positions of both eBay and PayPal. This position has not changed,” says eBay spokeswoman Amanda Miller.

Orderella to install NFC tags and Bluetooth beacons in 79 UK pubs and bars

August 26th, 2014

Orderella, the developer of an app that lets customers place drinks orders and make payments from their mobile phone, is to install NFC tags and Bluetooth beacons in all the 79 pubs and bars across… More

PayPal introduces one touch mobile payments

August 21st, 2014

PayPal has launched One Touch, a mobile payments solution that lets consumers make payments in supported apps with a single touch. The service, PayPal says, is the “absolute fastest way to pay on any mobile… More

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