It apparently isn’t enough for PayPal to accuse Pandora of copying its logo, the online payment platform is attempting to humiliate the streaming music service and its business model. [More]
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Ponzi Scheme Victims Say PayPal Knew User Was A Scammer
By 5.8.17 — Updated: 5.9.17
Victims of a Ponzi scheme that raked in hundreds of millions of dollars allege that online payment system PayPal were aware of the scam operator’s past but turned a blind eye because the company was making so much money from these fraudulent transactions. [More]
PayPal Now Lets iOS Users Send And Request Money With Siri
By 11.10.16
Don’t feel like tapping or swiping around on your phone, but have to pay your buddy $17 for all that pizza you devoured last night? If you’ve got the PayPal app on an iOS device, you can now just tell Siri to do it. [More]
PayPal Discontinuing Student Accounts
By 9.8.16
For the past seven years, PayPal has offered parents the option of securely sending their college-age kids money for things like rent, activity fees, or other needs through its Student Account program and accompanying Student Debit MasterCard. But that simple money transfer option is ending at the end of this month. [More]
16 Companies That Started Out Life With A Different Name
By 8.23.16
They’re names you probably come into contact with every day — Walmart, McDonald’s, Nike, and more — but they were once newcomers on the scene, with names they shed years ago. [More]
You’ve Got Two Months Left To File A Claim In PayPal Class Action Settlement
By 7.27.16
Earlier this year, PayPal reached a settlement in a class action lawsuit, agreeing to provide some users with payments ranging from $3 to $440 to resolve allegations the company improperly handled disputed transactions and placed inappropriate holds or reserves on some sellers’ funds. Now, the settlement has a firm claim filing deadline, Oct. 14. [More]
PayPal Drops Support For Amazon, Windows, & Blackberry Smartphone Apps
By 5.26.16
If you have an Amazon Fire, BlackBerry, or Windows phone and use PayPal’s app frequently, you might need to find another way to complete purchases from your smartphone: PayPal will discontinue its mobile apps for these phones on June 30. [More]
PayPal’s Venmo Peer-To-Peer Payment Service Under Federal Investigation
By 4.29.16
Venmo is a PayPal-owned money-transfer service that allows users to send payments to each other over the internet. Yesterday, PayPal revealed that Venmo is currently under investigation by federal regulators. [More]
North Carolina Governor Tweaks Anti-LGBT Law; Critics Say It Doesn’t Change Much
By 4.12.16
Only hours after Deutsche Bank canceled its plans to expand its presence in North Carolina — and following a similar decision last week by PayPal — the state’s governor has signed an executive order that softens some aspects of a controversial bill that restricts cities’ ability to protect the rights of people based on sexual preference or gender identification. [More]
PayPal Cancels North Carolina Expansion Plans Because Of Anti-LGBT Law
By 4.5.16
While a number of major businesses have asked North Carolina’s governor to repeal a recently enacted law that restricts cities’ ability to offer protections based on sexual preference or gender identification, most have yet to cease or limit their operations in the state. But today, PayPal said it is scrubbing its recently announced plans to open new offices and hire 400 people in Charlotte. [More]
Facebook, Reddit, Wells Fargo, Bank Of America CEOs Among Those Urging North Carolina To Repeal New Anti-LGBT Law
By 3.31.16
Earlier this month, in a hurried legislative process, North Carolina lawmakers passed HB2, a bill that overrides and prevents local governments from establishing anti-discrimination rules against gay and transgender people. This morning, advocacy groups delivered a letter to NC Gov. Pat McCrory signed by top executives from more than 100 companies, all calling for the state to repeal the law. [More]
You’ll Soon Be Able To Pay With Venmo Anywhere That Accepts PayPal
By 10.29.15
Though PayPal has owned payment service Venmo since 2013, until now it’s sort of just allowed it to do its thing, which is transferring money between people using a mobile app. Now, in a bid to get some money out of Venmo, the payments giant will soon allow merchants to accept it as a form of payment anywhere that PayPal is already taken. [More]
PayPal Very Quietly Admits That It’s Aware Of Random Payment Delays
By 10.6.15
Recently, a growing number of PayPal users have noticed that payments that had historically shown up instantly were now being delayed hours. The company finally acknowledged the problem yesterday, but it’s not being as upfront about the issue as some users would like. [More]
Macy’s Customers Will Now Be Able To Use PayPal At The Register
By 9.16.15
At one time, PayPal was the method of payment preferred by people sending money to their friends or making a quick purchase online. Now, the payment company has upped its game – and its presence in physical stores – by inking a deal that will allow Macy’s customers to use Paypal at the register. [More]
eBay No Longer Allows 2 Non-PayPal Payment Processors After Divorce From PayPal
By 8.28.15
eBay and PayPal have now completed their divorce, and one of the terms that they agreed to is that at least 80% of payments on eBay are supposed to go through PayPal. That could be the reason why eBay is eliminating competitors ProPay and Skrill from the payment options for shoppers and for sellers, but the real reason is probably more practical.. [More]
American Express Creates Its Own Version Of PayPal: Amex Express Checkout
By 7.9.15
It might be hard for one to argue that there’s a lack of options when it comes to digital wallets and mobile payment systems. The list that includes among others Apple Pay, PayPal, Google Pay, and Square is getting longer as American Express announced today that it would make a foray into the increasingly crowded sector with Amex Express Checkout. [More]
PayPal Buys Online Money Transfer Company Xoom For $890M
By 7.2.15
PayPal appears to be preparing for its upcoming separation from parent company eBay later this month by buying an online money-transfer company to increase its international and online presence. [More]
PayPal Tweaking User Agreement To Remove Mandatory Robocalls
By 6.29.15
PayPal’s new user agreement — the one that gives the company even more latitude to make obnoxious prerecorded marketing calls to “any telephone number that you have provided us or that we have otherwise obtained” — is set to kick in this week, but following an FCC warning that this policy might be in violation of federal law, and a letter from multiple senators asking PayPal to rethink its new terms, the company has agreed to make changes that “clear up any confusion.” [More]
