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Scooped by Therese Torris onto Payments 2.0 |
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PayPal is offering two new extensions that will let Magento’s merchants set up shop in PayPal’s mobile app and support mobile payments anywhere in their stores. [...] The first, called In-Aisle Selling,[...] lets a salesman to take a credit or debit card payment anywhere in the store with PayPal’s triangular magnetic reader, while Magento’s ordering and inventory system pulls down all purchase and customer details. The second extension is called Order Ahead, [...] lets merchants set up shop in PayPal’s mobile app. Delete the scoop?
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After lots of confusion earlier this week, e-commerce juggernaut eBay has confirmed on Friday it has received approval from the Central Bank of Russia for PayPal to operate as a non-credit ... Delete the scoop?
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After debuting its in-store mobile payments technology PayPal Here in the U.K. two weeks ago, the payments giant is announcing another set of news around the product: an iPad app.
Therese Torris's insight:
PayPal's mobile Point-of-sales app is designed to integrate with standard POS systems from NCR and the likes. It seems to be very versatile, accepting all types of payments Delete the scoop?
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PayPal is today announcing an expanded relationship with Coinstar, which you know as the maker of those coin-counting machines that you dump your collected pocket change into, in return for actual dollar bills.
Therese Torris's insight:
PayPal: is everywhere on every front ! Delete the scoop?
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Jim Bruene of NetBanker: "PayPal has been working on enabling in-store payments for much of its corporate life. It launched a debit card in January 2001, less than 18 months after the company launched...." Delete the scoop?
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PayPal’s Here mobile payments service is bound for Europe, launching first in the U.K. over the next few months. Instead of the card-swiper used in the U.S., Europe will get a new Chip & PIN device.
Therese Torris's insight:
Mobile payment war has moved from the US to Europe. PayPal, iZettle, Payleven are lining up chip & pin mobile card readers. US startup Square, although founded with nearly $400 million seems to be missing the boat !!! Delete the scoop?
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Finovate: [The] deal ... will allow restaurant shoppers to take care of their bill using their Paypal account. This comes courtesy of NCR's new mobile payment app, Mobile Pay, launched in December.... Delete the scoop?
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Finextra: PayPal has won a contract with the UK government to help build and run a secure online identity registration service for people accessing public services.
Therese Torris's insight:
WOW (as they say on Pinterest)! Delete the scoop?
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Finextra: PayPal president David Marcus is forecasting a year of disruption in the shopping and payment space in 2013, but insists that NFC technology will not play a part in the upheavals...
Therese Torris's insight:
Is tapping a phone any easier than swiping a card? No, says David Marcus. I say: Yes. Not in all settings, but in some settings, definitely yes. The phone is more readily accessible than the physical card in the wallet. Delete the scoop?
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Daily Mail: PayPal lost £3.5million after site was taken offline by 'Anonymous' gang [through Distributed Denial of Service attacks in revenge for refusing to process Wikileaks payments ]
Three hackers admit guilt over 2010 attack, while 22-year-old hacker known as 'Nerdo' denies charge of conspiracy...
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TNW: Dwolla today announced that it is taking its fight with PayPal to the next level with a feature that lets you pay multiple people at once. PayPal has Mass Payment (pay up to 250 people ...
Therese's comment: picture from TNW (credit: Christa Richert) is a bit absurd given that Dwolla is only available in the US... No doubt that Dwolla with its low flat fee is much cheaper than PayPal. But I can't remember when was the last time I had to make 2,000 payments. Am I missing something? Delete the scoop?
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Forbes: [...] PayPal ... added one million new active per month in Q2 even as the Total Payment Volume grew to $34.5 billion, up 20 percent year over year....
Therese's comment: consistent with the past few years' Delete the scoop?
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Therese's summary: PayPal decided to stay away from the legal and financial risk of handling domestic Argentinain transactions after "the local tax authorities have tightened their controls on credit card purchases in a new attempt to ‘un-dollarize’ the country’s economy and avoid capital outflows... Delete the scoop?
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Shares in eBay fell to a 2013 low yesterday amidst concerns that the online auction house's PayPal unit could be hit by MasterCard's plan to introduce a new 'digital wallet' fee. Delete the scoop?
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PayPal is acquiring mobile app development studio Duff Research today. Financial terms of the deal were not disclosed... Via Cecile Morel 
Cecile Morel's curator insight,
March 13, 1:50 PM
Internet Giants definitively going down to brick & mortar. Paypal wants to cut check-out. Payment terminal manufacturers to watch out. Delete the scoop?
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Is imitation the sincerest form of flattery? As we reported this morning, PayPal just launched a number of new APIs and a brand new developer portal today. This also included the release of new REST APIs.
Therese Torris's insight:
The main point is not only the documentation but the overall greater simplicity that Stripe was claiming it had Delete the scoop?
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Jim Bruene @NetBanker: [...] Bill Me Later add-on is not required to use PayPal. There is a small gray button in the lower right to defer the credit app. But it's the application is so seamless, and so painless, I bet most users complete it ... Delete the scoop?
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Ingrid Lunden fromTechCrunch interviewed Cameron McLean, MD of PayPal in the UK ; "We are launching Here this summer but will expand to other markets as we go forward,” [...]
"The chip-and-pin card reader will work using Bluetooth connectivity to pair with a merchant’s smartphone to read and then process the card number and PIN code. "
Therese Torris's insight:
Check the video. Delete the scoop?
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TechCrunch: ... personal payments such as cash gifts or living allowances won’t be allowed. Underlying goods and services will be permitted, and this extends to commercial payments made and received by Singapore users covering personal, “premier” or business accounts.... Delete the scoop?
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Finextra: Last week I was just at ground zero of the mobile wallet battle, the National Retail Federation annual convention in NYC. It was a great opportunity to see what Delete the scoop?
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CreditCards.com tested three of the most popular mobile wallet systems out there today: Google Wallet, PayPal and Square Wallet. While all three have similarities, Square Wallet came the closest to replacing that overstuffed wallet. Via Cecile Morel
Cecile Morel's curator insight,
January 2, 4:50 PM
Not that seamless yet but nice to see real life comparison. Too much time spent playing with the mobile for me:: download, open the apps, look for retailers, find it, tap and get confirmation. There must be something easier ;-) Delete the scoop?
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Fast Company: 2012 was quite the active year for the mobile payments industry: Google Wallet expanded support for most major credit card providers; Square struck up a mega-partnership to bring its payments tech to Starbucks; and Verizon, AT&T, and T-Mobile,...
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The payments company is streamlining operations as it takes on newcomers in the hot market for online and other payments, according to news agency sources. Source: Edward Moyer on CNET News Blommber, Reuters
Picture credit : PayPal Delete the scoop?
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TechCrunch: PayPal spokesperson Anuj Nayar is putting up an interesting blog post today about how the company wants to be branded with regard to payments in the future. Delete the scoop?
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Card reader still available for free for businesses ! I'd rush to get one if I were you
SumUp demo
http://www.youtube.com/watch?v=moThehyUjp4&feature=endscreen&NR=1
Sum up Web site
https://sumup.co.uk/