Nine years ago, former eBay CEO John Donahoe named Dan Schulman head of PayPal prior to the companies’ split in 2015, and in his current role as Chairman of the PayPal Board, Donahoe had a say in naming Schulman’s replacement Read more
PayPal has been experiencing a technical issue that prevents customers from completing transactions on numerous third-party websites that use PayPal to power their checkout buttons. Operators of websites and plug-ins say the problem began as early as June 20. On Read more
It can be inconvenient if you want to send money from your PayPal account to someone who uses a different digital payment app. Visa is looking to become a sort of middleman and solve for the compatibility problem with “interoperability”. Read more
PayPal sent emails to users this week informing them of “capability and feature updates,” but the emails were customized depending on which services the recipients used. PayPal wrote, “We want to make you aware of recent changes that are relevant Read more
PayPal announced new features for sellers who use its services that are designed to enhance payment acceptance on their online stores. A spokesperson told EcommerceBytes, “With one integration, small businesses will get access to these new features, as well as Read more
Founders of startup companies turned to Silicon Valley Bank (SVB) for loans, and tech firms used SVB accounts to manage their operations. Some founders and executives even used it for their personal banking and estate planning needs. But when things Read more
Sellers who process payments using Stripe will see higher costs beginning in June. In an email sent to customers on March 8, 2023, Stripe said it would raise the additional fee it charges for for international card transactions from 1.0% Read more
Two PayPal customers sued the company for negligence over a December data breach that the company reported in January. The plaintiffs allege that PayPal failed to comply with FTC guidelines and failed to comply with industry standards and are seeking Read more
GoDaddy launched a new service called Payable Domains that allows small businesses to accept payments just by registering their company’s domain name. A spokesperson for the company told EcommerceBytes GoDaddy was the first company to bundle payment technology with a Read more
Dan Schulman will retire from PayPal at the end of the year, but he will remain on the company’s board of directors, PayPal announced on Thursday. Schulman said it had been a huge privilege to lead PayPal for the past Read more
