Source: HackintheBox Some customers may be using offshore credit cards to evade paying income taxes and illegally transferring money out of the country. PayPal will likely cooperate with authorities should a federal judge in San Jose, California allow the Internal Revenue Service to request those customer records. A spokesperson for PayPal said she could not…
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Source: eBay From now through Saturday, December 31, 2005, when you use PayPal Buyer Credit for purchases of more than $50, you’ll make no payments for 3 to 12 months and pay no interest if paid in 3 to 12 months. See information page to learn more. This limited-time offer is free of charge to…
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Source: PayPal PayPal, the global online payment service, today announced new micropayments processing fees for digital goods. The new pricing will provide merchants with a more affordable way to process payments for low-cost digital content. PayPal’s micropayments pricing is designed to give customers the convenience of a-la-carte purchases, such as 99-cent downloadable ringtones, without having…
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Source: PayPal PayPal [has] launched PayPal Website Payments Pro, a new product suite for small- and medium-sized businesses. Website Payments Pro features three new functions: Express Checkout, Direct Payment API and Virtual Terminal. With these functions, merchants can offer shoppers more choice in how they pay for items – with their PayPal accounts, their credit…
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Source: Computer Business Review Online Google just might be launching an electronic payment service that would directly compete with PayPal, which is now owned by eBay. Observers claim that Google is developing the new service in order to boost its revenue from the online shopping market. The company is currently only able to make money…
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Source: Topix PayPal…announced the launch of a new PayPal site in Spain, designed for Spanish users. The new site, https://www.paypal.es, is written in Spanish, offers information customized for Spanish PayPal account holders, and enables payments in Euros, the common currency in Spain. “The Spanish eBay community has been requesting a local PayPal site for some…
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Source: MSNBC I’ve received several of these emails at my three different email accounts. I only use one of them when I am buying or selling on eBay. When I received an email from PayPal at my other two email accounts, I knew it was a scam. Unfortunately many other folks don’t know it’s a…
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Source: Reuters According to Reuters, eBay suffered from a power outage on Tuesday, May 10. The outage occurred in the San Francisco area, where the company is headquartered. PayPal experienced a power outage for about a half hour on Monday, May 9th due to a hardware failure in its Denver, Colorado data center. Both companies…
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Source: Yahoo Business This comes as a pleasant surprise to me after reading some of the negative articles and publicity surrounding PayPal. I am, however, very happy for PayPal because perhaps this will give the payment service some much needed positive reinforcement. The Webby People’s Voice Award was selected by more then 200,000 users that…
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Source: PayPal Check out PayPal’s Enterprise Solutions and expand your customer base. Proven Online Buyers With 64 million accounts in 45 countries, PayPal is one of the world’s largest online payment services, preferred by online shoppers. New Customers PayPal drives customer acquisition. Both TigerDirect.com and Overstock.com found that over 80% of their buyers who paid…
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