Posts tagged with Pay Pal

Barclays launches mobile payment app Pingit

Barclays has launched a money transfer app that allows customers to send and receive cash using just a mobile phone number.

‘Pingit’ is available for Barclays customers today, with a wider roll out to all current account holders at any bank in the UK scheduled for March.

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PayPal trials QR code shop in Singapore subway

PayPal has launched QR code shops in 15 Singapore subway stations, copying a tactic first rolled out by Tesco in South Korea.

The experiment allows commuters to buy Valentines gifts from eight retailers by scanning the QR code on their smartphone.

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Google, Facebook, PayPal and Microsoft join forces to fight phishing

Google, PayPal, Facebook, Yahoo and Microsoft, alongside 10 other leading email, security and financial providers, have formed the technical working group, DMARC, in order to reduce email phishing and spam.

The DMARC, Domain-based Message Authentication, Reporting and Conformance, will create internet standards to improve email senders' authentication practices.

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PayPal launches new mobile payment system in Home Depot

PayPal’s mobile payment system has gone live at 51 Home Depot stores in the US.

The eBay-owned company has also reported that its mobile payment volume reached $4bn in 2011.

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VeriFone wants to be the Switzerland of payment solutions

Will the future of payments belong to upstart innovators like Square? As mobile payments become a larger and larger part of the global payments industry, they just might.

But payment giants like VeriFone aren't sitting idly by either. At this week's National Retail Federation’s Convention and Expo in New York, the company, whose point-of-sale systems are used by countless businesses, will be demonstrating how it plans to keep up with rapidly evolving payment technologies.

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PayPal mobile payments surge to $4bn

In late 2009, PayPal president John Donahoe indicated that he believed online payments should account for 20% of global payments, even though, at the time, they accounted for just 5%. His goal: find ways to grow that number.

There are a lot of ways of doing that, but none may be as promising as mobile payments.

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Mastercard throws weight behind EU Green Paper on mobile payments

In response to the European Commission’s Green Paper on electronic payments, published today, Mastercard is the first major payment company to officially lend support to the campaign.

The goal of the paper is to expand electronic payments to help European businesses grow, and consumers to shop easily and safely online, instore and via their mobile devices.

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PayPal's Scott Thompson named Yahoo CEO

Yahoo has confirmed the appointment of PayPal president Scott Thompson as its new CEO.

Thompson’s decision to jump ship comes at a strange time, as PayPal is one of eBay’s fastest growing divisions and is in a strong position to take advantage of the growth in m-commerce.

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PayPal launches P2P payments through Facebook

PayPal has launched a new Facebook app in the US that will allow users to make peer-to-peer payments free of charge.

The app, called Send Money, also allows users to send Facebook friends an e-card with the money.

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Is PayPal Access a bad idea for online retailers?

The PayPal brand has become synonymous with 'online payments', and despite the fact that the company isn't the newest kid on the block, it's no surprise that it keeps growing like a weed as  commerce continues to move online.

John Donahoe, the CEO of PayPal parent eBay, however, thinks that online payments should make up a much greater percentage of global payments than they currently do and as a result, PayPal is aggressively working to expand its footprint. One of the newest ways PayPal appears to be doing that is through a new offering called Access, which is reportedly set to be announced today at its X.commerce conference.

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Visa launching P2P payments, but is it a decade late?

Visa's motto may be "More people go with Visa," but when it comes to payments between people, Visa and other major credit card associations are largely absent.

The market for P2P payments is instead dominated by newer players, such as PayPal, which has been around for less than a decade and a half. And more recently, a slew of startups is looking to create new markets and take advantage of untapped niches.

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Can PayPal crack the micropayment and mobile payment nuts?

PayPal was the bright spot in eBay's third quarter earnings. The company, whose name has become synonymous with online payments, boosted the online auction company with its strong continued growth.

And if the company has its way, that growth won't be stagnating anytime soon. At the Innovate 2010 developer conference yesterday, PayPal made it clear: its future is micropayments and mobile.

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