Payments News
Buyer email addresses hidden by PayPal say sellers
Tamebay readers are starting to notice that eBay buyer email addresses are no longer appearing in PayPal payments - not in email notifications nor when you log into your PayPal account. This appears to be a recent change and is rolling out to some seller's
Australians stung $5.99 fee for PayPal overseas personal payments
Australian PayPal users are complaining due to a cross border fee for sending money to a friend or family member who lives outside Australia. PayPal overseas personal payments from Australia attract the fee regardless of funding source. Within Australia, it's free to send money to friends
PayPal are no longer talking to eBay when considering account reinstatement
A worrying issue has arisen for one retailer on eBay where their eBay account was suspended over an issue swiftly followed by a PayPal account restriction. Their eBay account reinstatement was quickly dealt with and eBay restored their selling privileges in full following an appeal.
PayPal isn’t worried about GDPR or regulation
The Chief Operating officer at PayPal, Bill Ready, has said that he isn't worried about complying with GDPR (General Data Protection Regulation) or regulation in general from governments because PayPal is already operating in the highly regulated financial sector. He said in a recent interview
Paytm payments volume increased four fold in a year
Paytm, the Indian mobile-first financial services company that offers payments services, banking, lending and insurance to consumers and merchants, has enjoyed a successful year. In the period between March 2017 and March 2018, total payment volumes processed by the service increased four-fold from $5bn to
Paysafe announce agreement to acquire iPayment to boost US presence
Paysafe have announced an agreement to acquire iPayment, a US based provider of payment and processing solutions for small and medium-sized businesses. The acquisition forms part of Paysafe’s previously stated investment strategy to expand its presence in North America in response to significant growth opportunities,
PayPal’s Braintree now available on Yahoo stores
Yahoo Small Business has partnered with PayPal to make Braintree payment processing available to online sellers using the Merchant Solutions and Yahoo Stores platform. Braintree extends the merchant services options available for Yahoo Small Business customers looking for a way to process customer payments and
Sage launches new invoicing functionality powered by Stripe
Sage, the cloud business management solutions firm, today has announced its partnership with payments service Stripe. Users of Sage Business Cloud Accounting now have full invoice capabilities in addition to the payment services Sage offers. They say that this partnership allows companies to fully digitise all
Is PayPal seeking to become a proper bank?
PayPal is expanding its offerings and increasingly looking to those who are referred to as "unbanked" by offering some interesting new services. Unbanked refers to people who don't have a traditional bank account and that includes millions of people all around the world, not just