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PayPal Reports Record-Breaking Number Of Black Friday Shoppers And Sales On Mobile
The move to offer online shoppers earlier access to Black Friday deals – beginning as early as Thanksgiving Day this year – resulted in record-breaking numbers of consumers shopping on mobile, reports PayPal. Based on its online commerce data, the company reports having seen a 47% increase in PayPal global mobile payment volume on Thanksgiving compared with Thanksgiving 2013, and a… Read More
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Braintree Now Lets Merchants In Europe Sign Up With An Email, A URL And A Blurb
While PayPal continues to work out its frenemy relationship with Apple, and figure out how it will chart its life as a company separate from its owner eBay, its mobile and developer-friendly payments subsidiary Braintree, acquired in 2013 for $800 million, is launching a new service that will let merchants sign up to the platform with only an email address, URL and short company description. Read More
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eBay And PayPal To Split Into Two Separate Companies
eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted by eBay, Inc. and its Board of Directors, and is intended to help both businesses grow faster in their respective markets. The spin-out of PayPal is expected to be complete by the second half… Read More
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Traxpay Raises $15M, Teams With MasterCard To Be The PayPal Of The B2B World
Traxpay, a German startup that has created a platform for businesses in a supply chain to make payments to each other — think PayPal for the B2B world, or an Alipay of the Western world — is making two significant announcements that point to the company’s global growth ambitions–specifically in the U.S. and Asia. First, it has raised another $15 million, in what… Read More
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PayPal Here Arrives On Android Tablets
PayPal Here, the company’s dongle-based mobile payments solution, is now available for Android tablets, the company announced this afternoon — a move that will address a large and growing swath of the tablet market. According to Gartner, PayPal notes, 62 percent of tablets sold last year run Android.
The PayPal Here application allows users to accept credit card and debit card… Read More
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PayPal Expands Further Into Offline Retail And Mobile Payments With New PayPal Here SDK
PayPal this morning is rolling out a new product designed to help its business move further into offline retail. The company is launching the PayPal Here SDK (software development kit), which will help online merchants sell their products offline, while also allowing brick-and-mortar merchants a new entry point into the world of mobile commerce. PayPal Here, as you may recall, was introduced… Read More
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PayPal Rolls Out One-Touch Mobile Checkout For Apps
Mobile commerce today is still challenging with complicated checkout flows that see users bouncing between screens, and having to tap out their personal information on tiny screens and keyboards. PayPal today is hoping to change that with the release of a new product called One Touch for merchants and app developers. Read More
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PayPal Expands Its Working Capital Service To UK, Switches From Loans To Cash Advances
As payments platforms look for more ways to grow their margins and usage among businesses, they continue to push into a wider and deeper range of financial services. In one of the latest moves, eBay’s PayPal is expanding its Working Capital service to the UK. This is its first market for PayPal’s lending platform outside of the U.S., where it first launched the service in… Read More
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PayPal Makes Good On Its Braintree Acquisition With Launch Of New Developer Tools, The Braintree v.zero SDK
Payments gateway Braintree is making its first significant product announcement since its acquisition by PayPal last year, with the launch of a jointly developed Braintree SDK (software development kit) for developers. The new toolset is being called the “Braintree v.zero SDK” to indicate how it’s been rebuilt from the ground up, and is said to be easier and quicker to… Read More
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Get Paid: GoDaddy Links With PayPal, Dwolla, Stripe For A Mobile & Web Payment Service
As GoDaddy gears up for a $100 million IPO, the domain and web services company is adding on more features that will help it make more profitable revenues from its 12 million small-business customers. The latest of these puts GoDaddy further into the world of e-commerce. Today, it is launching “Get Paid,” a new online and mobile payments service created with existing… Read More
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