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PayPal

Latest Headlines

Latest Headlines

eBay adds 2.8M new customers via mobile in Q1

eBay added roughly 2.8 million new customers through its mobile applications during the first quarter of 2013, with downloads of those apps now topping 162 million since late 2008.

PayPal acquires mobile app maker Duff Research, expands Here app to iPad

PayPal is acquiring mobile software development startup Duff Research, a move to accelerate the rollout of its digital wallet efforts. Financial terms were not disclosed.

PayPal launches mobile payments SDK for iOS, expands API library

PayPal is rolling out a series of new tools enabling developers to offer more frictionless payment experiences within their mobile applications.

PayPal co-founder Levchin launches mobile payment startup Affirm

PayPal co-founder Max Levchin is going head-to-head with the digital commerce giant with the launch of Affirm, a new payment startup dedicated to streamlining the checkout process across smartphones and other connected mobile devices.

PayPal Here expands to Europe ahead of mobile payment rival Square

PayPal is extending its PayPal Here mobile payment processing platform to Europe, beating rival Square in the race to establish a beachhead on the other side of the Atlantic.

Hybrid mobile payment products open up security risks, warns Frost & Sullivan

The integration of near-field communication technology and cloud-based systems in the mobile payments market poses security risks, warned Frost & Sullivan.

FIDO Alliance develops strong authentication approach to replace passwords

A group of Internet companies, systems integrators and security firms have teamed to offer a strong online authentication standard designed to replace the need for passwords, which provide weak authentication because of user reuse as well as having to protect against malware and phishing attacks.

Retailer confusion hampers PayPal mobile wallet trial

A recent PayPal mobile wallet trial in a New Jersey mall suggests both retailers and consumers remain confused by how the service works.

US mobile payments to reach $12.8 billion by 2017, says Forrester

Mobile payments in the United States are predicted to increase at a 48 percent compound annual growth rate, from $12.8 billion spent in 2012 to $90 billion by 2017, according to the latest research from Forrester.

eBay forecasts 2013 mobile commerce volume will eclipse $20B

eBay anticipates its mobile payment volume will exceed $20 billion in 2013. The company also said its PayPal unit will handle around $20 billion in mobile transactions this year. The figures are up significantly from what the company reported for 2012.