May 31, 2010 |
"I don't have any cash on me" may no longer be a valid excuse with new credit card readers that can be used with mobile phones. In a potential boon to street vendors, mom-and-pop shops and even those who lend a few bucks to a friend, several companies have rolled out ways to use cellphones to instantly process credit card payments. Square, a brainchild of Twitter Inc. creator Jack Dorsey, enables anyone to accept credit cards using a tiny white attachment and software that can be downloaded to a smart phone.
August 4, 2009 |
EBay Inc.'s PayPal online payment system had a worldwide outage, preventing Internet shoppers from completing their orders. All customers were locked out of the service for about one hour from 10:30 a.m. Pacific time, a spokesman said. An internal technical problem caused the shutdown, which didn't compromise customer information, the company said.
June 22, 2008 |
EBay Inc. is expanding the protections available to people who use its PayPal payment service for transactions on EBay's Internet marketplaces. EBay executives said buyers who pay for items with PayPal would be eligible for full refunds if a seller failed to deliver an item. Previously a buyer's coverage was capped at $200, or $2,000 if the item's seller enjoyed a good reputation on San Jose-based EBay. EBay sellers who accept PayPal as a payment method -- as nearly all of them do -- will also get unlimited protection against a charge being reversed.
June 8, 2008 |
Death affects us all in different ways. Some sob. Others sell. Within 24 hours of Yves Saint Laurent's passing last Sunday, EBay was flooded with everything and anything that bore the designer's moniker or acronym -- from a $5 vintage pack of YSL Polish cigarettes to an Yves Saint Laurent paper shopping bag that was "used" but in "very good condition" and priced at 99 cents. (Oddly, shipping for the shopping bag was $8.95.
May 16, 2008 |
EBay Inc. has launched the PayPal Pay Later credit service, allowing certain U.S. buyers financing with no payments for 90 days. The deferred-payment option is available for purchases from $50 to $199. The program is a partnership with GE Money Bank, a unit of General Electric Co., EBay said. San Jose-based EBay is trying to steer more users to its PayPal system for Internet transactions as it competes with Amazon.com.
February 24, 2008 |
Money can't buy you love -- in fact, it's probably the root of your relationship problems. Nearly 60% of American couples said in a recent survey that they argue over money at least once a month -- more than they bicker over sex or household responsibilities. The online poll of 1,500 people, conducted for PayPal, also found that although about half of U.S. couples share a bank account, nearly 1 in 4 shop online as a way to keep their partners in the dark about what they're buying.
June 2, 2007 |
Online payment service PayPal was inaccessible to users for three hours Friday morning because of technical problems, company officials said. The website was not functioning properly from 9 a.m. to noon because of problems with its database, PayPal spokeswoman Amanda Pires said. No private data was compromised, said Pires, who called the service interruption "very rare" and "inconvenient." The company is investigating the issue, she said.
May 20, 2007 |
EBay Inc., the world's largest online auctioneer, added Spanish, French and Chinese websites for its PayPal payment services unit to help boost its overseas sales and extend its lead over Google Inc.'s rival Checkout service. PayPal added service to 87 countries, including Cambodia, Greenland and Kazakhstan, San Jose-based EBay said in a statement. PayPal now serves 190 countries. Google, which started Checkout last year, said last month that it would not charge merchants any fees this year.