Blog Archives

Card.io Acquired by PayPal

Paypal VP Hill Ferguson announced the company’s acquisition of mobile credit card payment service Card.io today. Card.io, which was available for iOS and Android, allows small vendors to accept credit card payments like Square, but instead of scanning a card’s magnetic

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Walmart and Paypal Threats to Business say Banks

Nearly as many senior banking executives are concerned about competition from new financial market entrants, like Walmart and PayPal, as there are bankers worried about competition from the industry’s biggest players. According to the KPMG Banking Outlook Survey, 28 percent

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World’s Fifth Payment Network PayPal

On a potentially historic day for the network, PayPal announced a massive slate of new payments partners, including fifteen retailers, four “mid-market” software providers, and, most notably, two of the world’s three largest point-of-sale terminal manufacturers. Perhaps the most transformative

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Paypal and Malaysia Airlines partner for mobile payments

PayPal is partnering with Malaysia Airlines  to provide mobile payments on any internet-connected mobile device (view press release). The Airlines MHmobile app and flymas.mobi mobile site will now accept PayPal for all its domestic flights and from Malaysia to its international destinations.

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PayPal and Digital Wallets Outrunning Banks

If digital wallets are so popular, why don’t banks develop their own versions?   When it comes to digital wallets, traditional banks have been slow to jump into developing products to offer their customers. Now, that lethargy is showing up

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PayPal Rushing into Stores With New Retailer Deals

PayPal has made deals with 15 retailers including Toys R Us, J C Penney (JCP.N) and Barnes & Noble (BKS.N) that will allow consumers to pay for purchases with their cellphones while expanding the online payment company’s service into additional

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PayPal Rival Pringit Now Open to Everyone

Barclays’ Pringit, the rival to PayPal, was previously only open to sole traders but it is now open to all businesses.   Read more

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Japan to get PayPal

Softbank Corp said on Wednesday that it and eBay Inc unit PayPal will form a joint venture to expand Japan‘s e-payments market by targeting users of Apple Inc’s iPhone. Softbank, which competes with bigger KDDI Corp in supplying Apple’s popular smartphone

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PayPal Brings Mobile Payment App for Small and Medium Business

PayPal trying to cater to small businesses with improvements and additions In the point-of-sale payments arena, PayPal is moving quickly and aggressively on multiple fronts. A rapid Q1 chainwide deployment put its mobile phone-based checkout offering in 2,000 Home Depot

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eSignatures from DocuSign and PayPal Will Help Speed up Transactions

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DocuSign, the global standard for eSignature, announced today instant payments through PayPal for any DocuSign transaction. DocuSign Payment helps companies get signatures on contracts, agreements, and other legally binding documents and collect payment simultaneously to finish business and capture revenue

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