November 7, 2006 |
PayPal, EBay Inc.'s online payment services division, said it would offer as much as $100 million in holiday rebates and free shipping to fend off competition from Google Inc. Consumers will receive as much as $20 in cash-back rebates from PayPal when they make online purchases on EBay and certain merchant websites in North America, San Jose-based PayPal said in announcing the biggest promotion in its eight-year history. The rebates are to run from Nov. 23 to May 15.
July 14, 2006
PayPal, the online payments unit of San Jose-based EBay Inc., said the company planned to open an engineering center in Arizona by November that would employ more than 400 people in three years.
April 7, 2006 |
Customers of the PayPal online payment service can now use their cellphones to instantly send money, buy items or donate to charities. Viacom Inc.'s MTV, the National Basketball Assn. and News Corp.'s 20th Century Fox Home Entertainment Inc. are among those already accepting PayPal Mobile service for payment, San Jose-based PayPal said. PayPal Mobile allows users in the U.S. and Canada to instantly transmit money by sending text messages.
March 23, 2006 |
PayPal, the online payment service owned by Internet auction company EBay Inc., has begun testing a new offering to allow people to make and receive payments using cellphones and other mobile devices. PayPal Mobile is being tested by EBay employees and will be available to the public in the U.S., Canada and Britain in the next few weeks, EBay spokeswoman Amanda Pires said.
June 22, 2005 |
Google Inc.'s chief executive Tuesday denied reports that the online search engine leader was gearing up to compete directly with EBay Inc.'s pioneering PayPal service, but acknowledged some kind of electronic payment product was in the works. Eric Schmidt did not give details about the project but said it wouldn't trespass on PayPal's turf. "We do not intend to offer a person-to-person, stored-value payments system," Schmidt said.
June 18, 2005 |
Online search-engine leader Google Inc. is preparing to introduce an electronic payment system later this year in a move that would pose a financial threat to one of its biggest advertisers, Internet auctioneer EBay Inc. The Wall Street Journal reported Google's plans on its website late Friday, citing sources familiar with the Mountain View, Calif.-based company's plans. The Journal did not provide any details about Google's strategy. A Google spokesman declined to comment on the report.