Payments News

PayPal report record numbers of active users

PayPal feat

PayPal have beaten all expectations in their latest quarterly investment results. Active user accounts are up at 184 million compared to what analysts expected at 182.8 million. PayPal processed 1.41 billion transactions in the last quarter with total payment volumes up at $81 billion compared to $79 billion a year ago and as if that […]

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PayPal leads investment in millennial investment start-up Acorns

acorns

PayPal, alongside Rakuten, has made an investment that helps millennial make investments by asking just two questions. Called Acorns, founded by Jeff and Walter Cruttenden, the idea is to make investing easy by boiling down the options to younger investors into “how much do you want to invest?” and “How much risk are you willing […]

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payleven launch developer API & SDK tool suite

Payleven

payleven have launched a suite of developer products for mobile payment integration on iOS and Android. Essentially the payleven developer suite of tools enable you to integrate point of sale payments with a card reader into a smartphone app (so that for instance you could accept Chip and Pin payments with a tablet) and offer […]

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21 million people now use PayPal One Touch

New PayPal app feat

Last year PayPal took steps to improve the functionality of its app. And one of the new features it added was dubbed as ‘One Touch’. That meant it was really very simple to buy something via the Paypal app. Tamebay wrote about it here. And in the year or so since launch, it seems that […]

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PayPal talks up “contextual commerce”

PayPal is New Money

Earlier in the year, PayPal launched the “Paypal Commerce” programme. It was developed by PayPal subsidiary Braintree and we wrote about it in February. Basically, it enables merchants to include PayPal “buy buttons” on other sites, such as social media, so that buyers can easily make the decision to buy easily as they’re browsing. The […]

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Will the Bank of England raise interest rates soon?

worldfirst

There’s a lot going on in the global financial markets right now that’s directly relevant to ecommerce sellers. Especially those who sell abroad. UK interest rates have stayed at a record low for a record period, Sterling is struggling and the Euro Referendum looms on the horizon. What do you need to know? Chief Economist […]

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PayPal Download History not Downloading

PayPal Bug

We’re hearing complaints from sellers that they’re unable to download their PayPal history. We’ve heard the occasional complaint for a couple of months now so it does appear to be a ongoing issue. Being able to download your PayPal history is pretty important for some sellers. At the end of the financial year (which has […]

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Atom app only bank opens doors in UK

Atom Bank

27 years ago First Direct didn’t open their doors for business, mainly because they launched as a telephone and internet-based bank. It seemed revolutionary at the time that a bank could assist without a single high street branch. This month another new bank has launched and they’re making First Direct look very old fashioned. The […]

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PayPal launches Return Refund scheme

PayPal feat

PayPal is offering to cover four of your returns expenses over the next few months. They’ll cough up for up to £60 of fees if you pay using Paypal. But you’ll need to register. To sign up, visit this page. The offer is good for purchases made from sellers around the world. You just need […]

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PayPal Cross-Border Merchant Research 2016

PayPal feat

New research from PayPal reveals that just over half (56%) of the UK’s online small businesses are selling to customers abroad. The survey, conducted by Ipsos MORI on behalf of PayPal, questioned more than 1,200 small and medium-sized businesses in major online retail markets – including the UK, the US, France, Germany, Italy and Spain […]

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