PayPal’s impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challenger Apple Pay.
Mobile payment technology is getting red hot, with Apple’s recent entry into the space. PayPal is available in 203 markets worldwide and is on track to process 1 billion mobile payments in 2014.
E-commerce site eBay is asking users to change their password after a cyberattack compromised a database containing encrypted passwords.
PayPal is updating its mobile app, adding features such as the ability to place an order ahead of time and pay with it while at the restaurant table.
If you ever use PayPal or Ebay, then you could be vulnerable to a very sneaky scam.
There could soon be another way to take advantage of those Groupon deals. Groupon is testing a payment service that will allow merchants to accept credit card payments from an iPhone, iPad or iPod Touch.
Financial expert Jim Lacamp talks about taxes due for eBay sellers, the impacts of rising gas prices and what to consider when buying a car.