Online Payment News
Online Payment Updates
PayPal and the city of San Jose announce Small Business Challenge
Since our inception, eBay Inc. has offered a global payments platform for individuals to build and grow successful small businesses. At the core of all we do is a fundamental belief in the worth and value of people – our customers and our employees. And as we strive to innovate within a fast-changing... »
Looking Back at the Last Quarter
We had another good quarter here at PayPal . Payment volume reached $41 billion, up 22%* year over year, and revenue of $1.5 billion, up 20%* year over year. For the second quarter in a row we’ve also welcomed 5 million new customers. To all of you, I want to extend a personal welcome and thank... »
Sherpa – the only transactional virtual assistant – now available in the US
Back in October, my colleague Estanis Martín de Nicolás, General Manager for PayPal Spain and Portugal, blogged about Sherpa – a new Spanish language virtual assistant for Android phones that competed with Apple’s Siri. Since it launched for Spanish speaking countries in October, its been downloaded almost ½ a million times. At the touch of... »
PayPal Acquires Iron Pearl, Names Stan Chudnovsky New VP of Growth
At PayPal, we’re seeing rapid and exciting growth. More than 5 million people joined PayPal in the last three months of 2012—the most in a quarter in over 8 years. We now serve more than 123 million active PayPal customers around the world. But we can do more. And grow faster. That’s why I’m thrilled... »
Magento Imagine 2013: PayPal Provides “In-Aisle Selling” and “Order Ahead” Capabilities for Magento Community
Have you ever wished that your drink was waiting for you at the store? Or that you could simply purchase that TV in the aisle instead of lugging it to the checkout stand? By solving real customer pain points like waiting in line or carrying bulky merchandise, merchants can help improve service, attract more customers,... »
LG Electronics Integrates PayPal into LG Smart TV Platform
Couch potatoes everywhere can rest even easier today with the news that PayPal will now be integrated into LG Electronics’ award-winning Smart TV platform to provide them with an easy and secure way to purchase products and services on their LG Smart TV. PayPal has been redefining commerce both online and offline, and television... »
PayPal Invests In Chile With Multicaja
For over two years now, we’ve been growing our footprint in Latin America by opening up local offices in Mexico and Brazil, and by entering into innovative partnerships in countries like Costa Rica. It’s a dynamic region where we see significant opportunity to work with partners who can help grow the eCommerce industry locally... »
PayPal Wins CSO40 Security Innovation Award!
I am pleased to tell you that yesterday, CSO Magazine honored PayPal’s Information Risk Management team with a CSO40 award for our customer security innovation, known internally as our QuickPass Project: a method for deriving PINs for our customers based on their password. This award program recognizes 40 security projects and initiatives that... »
eBay Inc. Analyst Day – The PayPal Update
Last week I, along with several members of my team, represented the PayPal business at eBay Inc.’s Analyst Day. Gary Marino, Don Kingsborough and Hill Ferguson helped me tell the PayPal story – where we’ve been and where we’re going in the next three years. Analyst Day is an important opportunity to communicate to the... »
PayPal Takes Home Innovation Gold
Last week, PayPal collaborated and engaged with 500+ of the most influential and innovative people in the payments business at the Innovation Project at Harvard University. Speakers and attendees included Warren Buffet, former Vice President Al Gore, Economist Larry Summers and many others. My colleague Don Kingsborough co-moderated a panel with Steve Levitt, author of... »
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