PayPal has launched PayPal Working Capital, a credit offering that merchants can apply for based on their PayPal transaction history instead of their credit history. Beyond that complete sidestep of the traditional, credit bureaus are borrowing terms that are highly competitive with traditional lenders. In the way of disruption, you can think of PayPal's play as a "two-fer."
eBay has reached an agreement to acquire digital commerce startup Braintree Payments Solutions for approximately $800 million in cash.
Facebook is launching a new payments tool enabling consumers to make purchases within mobile applications using their Facebook login information.
eBay-owned PayPal is nearing an agreement to acquire startup Braintree Payments Solutions, The Wall Street Journal reports.
eBay-owned PayPal unveiled Beacon, an add-on technology enabling consumers to complete in-store mobile payments without removing their phone.
eBay-owned PayPal is rolling out updated applications for Apple's iOS and Google's Android, making it easier for users to complete mobile payments at restaurants and retailers.
Facebook is poised to launch a new payments platform enabling consumers to make purchases within mobile applications using their Facebook login information, AllThingsD reports.
Big data commonly births innovation and creative thinking and our world is the better for it. Just don't expect incumbent industries to be happy about it.
Almost 30 percent of new eBay users added in the second quarter of 2013 signed up via mobile device, the digital marketplace said Wednesday.
It's been roughly nine months since more than a dozen leading U.S. retailers including Walmart, Target, Best Buy, Sears and 7-Eleven first banded together to create Merchant Customer Exchange, a nationwide mobile commerce network designed to support smartphone-enabled purchases, consumer offers and mobile marketing promotions. The MCX initiative remains a work in progress, but here's what we know.