PayPal Updating Policy on Crowdfunding

A recent blog post by PayPal’s VP of risk management, Tomer Barel,  hints towards an upcoming change in PayPal policy which will make it easier for crowdfunding sites to take payments through PayPal. In the post Barel says, ‘Crowdfunding sites are an exciting and innovative new way to directly connect entrepreneurs with the people who want

PayPal Beacon To Reinvent the In-store Shopping Experience

PayPal has announced PayPal Beacon, a new technology for merchants that will enable consumers to pay at many of their favorite stores completely hands-free. It will reinvent today’s in-store shopping experience by making it simpler, faster and richer for consumers, while providing retailers with more ways to differentiate themselves from their competitors. “PayPal Beacon opens

TSYS Announces Agreement with Discover to Support PayPal Payments

TSYS  announced an agreement with Discover to process PayPal payment transactions within the contiguous United States. In August 2012, PayPal entered into a service provider relationship with Discover under which PayPal obtains access to participating merchants’ brick and mortar locations through Discover’s technological infrastructure. PayPal offers consumers several advantages, one of which is that PayPal

MoneyGram Launches Service That Allows PayPal Withdrawals at at US Locations

MoneyGram, a global money transfer company, announced that PayPal’s 55 million active U.S. account holders can now initiate a withdrawal from their accounts – online or via mobile – and pick up the funds at any MoneyGram location in the United States. This represents the first phase of a rollout that will also include the ability for PayPal

Alliance Data Announces Agreements With PayPal

Alliance Data Systems Corporation, a provider of loyalty and marketing solutions derived from transaction-rich data, announced its Retail Services business, which manages more than 120 branded credit programs, has come to multiple agreements with payments industry leader PayPal, an eBay Inc. subsidiary. Under a multi-year agreement with PayPal, Alliance Data will become an issuer for Bill Me Later®

PayPal Unveils the Modern Spice Routes

With the global economy still struggling, businesses and exporters can help increase their revenue by waking up to cross-border sales opportunities as revealed by new PayPal and Nielsen data released today. The report titled ‘Modern Spice Routes: The Cultural Impact of Cross-Border Shopping’analyzes cross-border online shopping and spending behavior in six major markets — the United

PayPal Gives Small Businesses a Reason to Upgrade Their Old Registers

PayPal recently announced their Cash for Registers program. The program is designed to help small businesses modernize their cash registers and get their hands on the same powerful selling tools that big businesses use every day. Starting on July 10th, 2013, PayPal is waiving transaction fees for up to $20,000 worth of transactions each month