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PayPal rolls out free mobile payment processing
- Processing credit cards can eat up a good chunk of businesses' profits. Fees add up quickly, which is one of the reasons why some places still impose minimum purchase amounts for credit card transactions. With this in mind, PayPal has…
Google joins the FIDO Alliance's board of directors
- Google recently joined the FIDO (Fast Identity Online) Alliance’s board of directors in order to bolster their two-factor authentication efforts. NXP and CrucialTec have also joined the board according to a press release published by FIDO.
Anonymous member convicted for DDoS against PayPal, others
- A jury has convicted 22-year old Anonymous hacktivist Christopher Weatherhead for playing a lead role in organizing a series of distributed denial of service attacks against PayPal (and others) in 2010. Weatherhead's cohorts, Peter Gibson, Jake Bichall and Ashley Rhodes,…
Google wants to digitize your wallet, tickets, passes and more
- In the wake of Passport, Apple's upcoming answer to digital wallets, Google has announced it is working toward making its current Google Wallet service more robust. In a Q&A session hosted by YouTube, Google Wallet developer Robin Dua said the…
PayPal acquires mobile payment facilitator card.io
- PayPal recently announced that they have acquired mobile payment facilitator card.io, a San Francisco-based company that provides software for developers to use the camera on smartphones to capture and process credit card information. The eBay subsidiary has been using card.io…
Simple three-step hack lets iOS users unlock in-app content for free
- A new three-step hack promises iPhone and iPad users a simple way to install premium in-app purchases from the App Store -- for free. Remarkably, the hack doesn't require jailbreaking or the installation of any software. Instead, iOS users are…
PayPal freezes VPN provider's account, spooked by BitTorrent
- TorGuard, a VPN service provider, was recently given the cold shoulder by PayPal for providing BitTorrent-related services. Upon discovery of TorGuard's relationship with BitTorrent, PayPal abruptly froze the company's account, preventing the virtual network provider from sending or receiving payments…
PayPal reveals mobile credit card reader, undercuts competition
- Earlier this week, PayPal mentioned plans to compete against Square, Intuit and other credit card payment processors. The company aims to become yet another way to process credit cards on the go for small businesses, offering a mobile card reader and…
Yahoo taps PayPal's Scott Thompson as its new CEO
- Yahoo has officially named PayPal President Scott Thompson as its new chief executive officer, ending a four-month long search to replace the famously outspoken Carol Bartz, who was fired in September after the company's board grew impatient with her attempts…
PayPal launches Facebook app, send friends money
- Mega online payment provider, Paypal, has conjured up a Facebook application which allows Facebook users to send money to their friends. As long as the funds come directly from your bank account or Paypal balance, there are no additional fees.…
Anonymous urges PayPal boycott, LulzSec founder arrested (not?)
- Update (07/28/11 @ 12:40 EST): Various sources are theorizing the arrested suspect may not actually be "Topiary". Despite this, no official statement has been given at this time. Evidence supporting the theory appears to be very conjectural, however, this would not…
PayPal announces phone-to-phone NFC app for Android
- At MobileBeat 2011 this week, PayPal announced its own peer-to-peer Near Field Communication (NFC) solution. The company demonstrated an NFC-enabled Android widget that lets people pay and get paid in a matter of seconds by simply tapping together their devices.…
PayPal passes 100 million active accounts, says wallet will die in 2015
- PayPal has announced that it now has more than 100 million active accounts. That means 100 million people around the world trust the company with their digital wallets.
PayPal sues Google, former execs over Google Wallet
- Just hours after Google announced their entry into mobile payments the company has been slapped with a lawsuit from none other than PayPal, alleging that the search giant misappropriated trade secrets when it hired away PayPal mobile executives. The suit…
American Express launches digital payments platform to take on PayPal
- American Express today unveiled Serve, a new digital payment and commerce platform that lets consumers spend, send, and receive money with services that go beyond the existing global payment networks. Consumers can make purchases and person-to-person (P2P) payments online, via…
Visa to take on PayPal with person-to-person payments in the US
- Visa has announced that US consumers will soon be able to receive and send funds to any eligible Visa credit, debit, or prepaid account, anywhere in the world. Visa will no longer just enable payments at the point of sale,…
Judge lets Sony access GeoHot's PayPal account in PS3 hacking lawsuit
- Magistrate Judge Joseph C. Spero has awarded Sony a subpoena that grants the company access to the PayPal account of PlayStation 3 jailbreaker George Hotz, also known as GeoHot, for the last two years. Spero ruled that the Japanese console…
PayPal drops WikiLeaks following cable controversy
- Over the weekend the battle to take down WikiLeaks grew even more complex: PayPal joined the fray by terminating the WikiLeaks donation account, citing a violation of its terms of service. "Our payment service cannot be used for any activities…
PayPal payments increase 19% on Black Friday
- With the year's busiest shopping days now behind us, early reports on holiday spending are coming out. Although many analysts expect a slow season (especially for tech), it seems sales have been at least mildly positive for e-commerce, with some…
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