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Icahn urges eBay to spin off PayPal

2014-01-23 02:57:02| BBC News | Business | UK Edition

Activist investor Carl Icahn calls on online auction site eBay to spin off its payments business, PayPal.

Ebay's Paypal Acquires Stackmob for Mobile Technology

2013-12-18 06:36:33| Apparel - Topix.net

Ebay's PayPal division said on Tuesday it is acquiring StackMob, a company specializing in development tools for building mobile applications.

Tags: technology mobile paypal acquires

Several plead guilty to Paypal hack

2013-12-10 23:47:31| BBC News | Business | UK Edition

Thirteen people plead guilty to disabling Paypal's servers in an attack that US authorities say was orchestrated by hacking collective Anonymous.

Tags: paypal guilty hack plead

PayPal introduces Payment Code technology

2013-10-08 19:25:00| Telecompaper Headlines

(Telecompaper) PayPayl has introduced new technology called Payment Code that allows consumers to make purchases by scanning a QR code on their mobile phone, or receive a short four-digit code on their phone to complete a purchase. Payment Code is an extension of PayPal's current offerings for enhancing the in-store payment experience. Once a consumer is ready to pay, they can open the PayPal app (or the specific merchant's app) to check in. Once checked-in, the app prompts them with a QR code or a four-digit short code, to authenticate the purchase. If the merchant has a barcode or QR code scanner, the merchant scans the code to confirm purchase. If the merchant does not have a scanner, customers can type in the four-digit short code into the Pin pad at checkout. In addition, Payment Code allows consumers to automatically redeem any special offers, gift cards, merchant rewards programmes or other forms of payment that is saved in their PayPal wallet. PayPal expects to roll out Payment Code globally in the first quarter of 2014.

Tags: code technology payment paypal