PayPal has made headlines about the business arrangements it’s secured for its in-store payment system. But the consumer strategy will be just as important. PayPal told me the marketing campaign for consumers began in the last week and will ramp up as PayPal adds more retailers. Read More »
Tech
PayPal unveiled 15 national retail partners that will support its in-store payment system, which is set to compete against the likes of credit cards and other emerging payment tools. It also launched a new mid-market payment tool for medium-sized businesses with multiple locations. Read More »
PayPal’s drive to become a major player for in-store payments is getting a huge push thanks to new partnerships with VeriFone, the top point-of-sale terminal maker and Equinox Payments, the No. 3 terminal maker. The deals now give PayPal access 40 million terminals worldwide. Read More »
Facebook has been criticized recently for its lackluster performance as an advertising platform, but the giant social network has other ways of monetizing its vast user base that could have even more growth potential — including Facebook Credits. Could it become a networked version of PayPal? Read More »
What Billy Beane is to baseball, Dave McClure wants to be technology startups. And like Beane, he is willing to go anywhere in the world to find a slight edge to beat his richer, bigger and fancier rivals on Sand Hill Road. Read More »
PayPal’s years of experience in online payments is one of its biggest assets as it chases mobile and in-store transactions. But the by product of all that experience — mounds of data — could be an even bigger weapon. PayPal’s chief scientist Mok Oh explains the … Read More »
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 »
Payment provider VeriFone is doubling down on the small and medium sized market with a new payment open platform called SAIL that will look to give merchants a more flexible tool for conducting transactions. SAIL also puts more big name pressure on Square. 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 »
Even with the threat of PayPal looming, Square is seeing no slow down. The company told Bloomberg Wednesday that its annualized rate of processed transactions is now up to $5 billion, up from $4 billion a month ago Read More »
Chirpify, a payment platform that uses Twitter to conduct transactions, announced it has raised $1.3 million in a Series A round and is finding good traction from Fortune 500 companies. It is also expanding the platform to include the sale of digital goods. Read More »
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