PayPal rolls out 'One Touch for Web', instant checkout service

Last Updated: Wednesday, April 29, 2015, 16:52

Now the customers wouldn't have to continually enter in their username and password each time they wanted to pay using PayPal, that information would be stored and shared between supported apps.

PayPal extends One Touch payment to online transactions

Last Updated: Tuesday, April 28, 2015, 21:40

PayPal One Touch, which is widely used by shoppers on mobile phones, is designed to ease checkout flows that have users bouncing between screens and typing in personal information, which leads to millions of unfinished transactions.

EBay profit beats as revenue surges from PayPal business

Last Updated: Thursday, April 23, 2015, 06:52

E-commerce company eBay Inc reported a higher-than-expected quarterly profit as revenue surged from its payments business that includes PayPal, which the company said would be spun off in the third quarter.

PayPal to pay $7.7 million in US Treasury sanctions case

Last Updated: Thursday, March 26, 2015, 10:11

PayPal, the electronic payments firm, agreed to pay $7.7 million to settle charges by the U.S. Treasury Department that it violated numerous sanctions programs against countries that include Iran, Cuba and Sudan, Treasury said on Wednesday.

PayPal to buy Israeli cyber security firm CyActive: Media

Last Updated: Sunday, March 8, 2015, 16:36

Online payments company PayPal, a unit of eBay, will buy Israeli cyber security company CyActive for $60 million, Israeli media reported.

PayPal to acquire mobile wallet Paydiant

Last Updated: Tuesday, March 3, 2015, 20:19

eBay's mobile payment services unit PayPal will acquire mobile wallet firm Paydiant for an undisclosed sum as the competition in the payment solutions market from rivals like Apple and Google heats up.

Paypal's retail chief quits before eBay split

Last Updated: Thursday, February 5, 2015, 11:26

Paypal executive Don Kingsborough, who helped orchestrate the payments company's move into physical retail stores, stepped down in January, the company said on Wednesday.

EBay to cut jobs, sell enterprise unit ahead of PayPal split

Last Updated: Thursday, January 22, 2015, 10:23

EBay Inc plans to cut its workforce by 7 percent, or 2,400 jobs, in the current quarter and is exploring a sale or public offering of its enterprise unit as the e-commerce company prepares to split from its payments division, PayPal, this year.

Ebay considering cutting 10% of workforce

Last Updated: Thursday, December 11, 2014, 08:21

Online retailer eBay Inc is mulling over a plan to cut thousands of jobs early next year, as it readies to spin off its PayPal unit, the Wall Street Journal reported.

Icahn wants eBay to spin off Paypal; eBay balks

Last Updated: Thursday, January 23, 2014, 10:53

Activist investor Carl Icahn has taken a stake in Ebay Inc and is proposing a spin-off of the company`s fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle.

eBay likely to launch own virtual currency

Last Updated: Friday, January 3, 2014, 19:08

The patent application proposes secure tokens that would let people buy products without creating a payment provider account.

Group charged in PayPal cyber attack pleads guilty

Last Updated: Saturday, December 7, 2013, 20:48

A group of 13 defendants who had been charged in a cyber attack on PayPal`s website pleaded guilty and admitted to the December 2010 attack over PayPal`s suspension of WikiLeaks accounts.