PayPal is forming a joint venture with Softbank Corp. to help launch its small business mobile payment product PayPal Here in Japan. The joint venture, called PayPal Japan, will help PayPal target PayPal’s $1.7 trillion dollar retail market, which is made up of mostly small businesses. … Read More »
Tech
EBay is putting down roots in New York and has bought up a 35,000 square foot space. The retailer is announcing that it has purchased an entire floor in the Flat Iron district where it will house 200 people in a new technology center of excellence. Read More »
A year after eBay bought mobile ad network WHERE, it’s ready to show how it will put the Boston startup to work. WHERE will become PayPal Media Network, as it moves beyond serving location-based mobile ads to offering inventory across eBay’s different online properties. Read More »
PayPal’s plans to announce a solution for small businesses at an event this Thursday includes a mobile payment dongle that would compete against Square and others, according to sources we’ve talked to. The dongle will allow small business owners to process credit card swipes. Read More »
Online-payments processor WePay has added a new feature to enable its users to quickly and easily create invoices to bill clients. With its “commerce-in-a-box” platform, WePay claims it can help businesses start creating and sending invoices in under a minute. Read More »
Exclusive: Ingk Labs, an IP accelerator in New York City, has purchased payment platform ORCA Inc. and will use it to power a new PayPal competitor called Payz. Ingk Labs is ramping its efforts to rescue and accelerate IP and put it to work in start-ups. … Read More »
The team behind design sales site Fab.com was outraged to discover a U.K.-based rival that seems to mimic not only their business but also their look. But outrage may not be enough to stop Germany’s Samwer brothers from going big with their latest clone. Read More »
PayPal has said this year will be a learning year as it rolls out its in-store payment system. But that doesn’t mean it will all be small pilot programs this year. A company spokesman told Bloomberg that it expects to be in more than 2,000 Home … Read More »
PayPal is lining up deals with payment solution providers to help quickly scale its upcoming in-store payment system. It has struck an agreement with Ingenico, whose point of sale terminals will soon be able to handle PayPal transactions. Read More »
EBay’s mobile business is growing so fast, it doesn’t even know how to predict what to expect months into the future. It’s now predicting it will do $8 billion in gross merchandise value and PayPal will do $7 billion in mobile payment volume in 2012. Read More »
PayPal is taking a big step forward with its in-store payment system by partnering with AJB Software Designs, which helps connect the point of sale terminals at many top retailers to payment processors and financial institutions. AJB is in use by 20 percent of top retailers. Read More »
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