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Paypal seen rising 40% from post spinoff lows

Last Updated: Monday, August 31, 2015, 09:00

Spun off in July by auctioneer eBay Inc, PayPal is now clear to do deals with big vendors like Staples and move into back office operations and other services, according to Barron`s.

PayPal expands One Touch program to new markets in Europe, Australia

Last Updated: Wednesday, August 26, 2015, 12:49

PayPal, which separated from eBay Inc last month, is a formidable player in the fast-growing payments industry, which has attracted new entrants like Apple Inc.

PayPal keen to expand business in India

Last Updated: Tuesday, July 21, 2015, 22:42

After its separation from e-commerce major eBay, digital payments company PayPal Tuesday said it is now free to partner with its founder's competitors and is keen to expand in India.

PayPal expects more growth in China

Last Updated: Tuesday, July 21, 2015, 11:24

"China is a huge and very important market, with the growth rate of 35 to 40 percent in online payment," Rohan Mahadevan, PayPal`s Vice President of Asia Pacific, told Xinhua in an interview on Monday.

PayPal returns to market with $52 billion valuation

Last Updated: Monday, July 20, 2015, 21:37

PayPal Holdings Inc shares jumped as much as 11 percent in their highly anticipated return to the Nasdaq on Monday, valuing the company at about $52 billion.

EBay sells enterprise unit ahead of PayPal split

Last Updated: Friday, July 17, 2015, 09:58

E-commerce company eBay Inc said it was selling its enterprise business to a consortium led by private equity firm Permira for $925 million, as it streamlines its operations ahead of the separation from PayPal Holdings Inc .

EBay sells enterprise unit to Permira consortium

Last Updated: Thursday, July 16, 2015, 18:59

Shares of eBay, which also announced an additional $1 billion share buyback program, were up 3 percent at $65.37 in premarket trading.

PayPal buys money-sending service Xoom in $890 mn deal

Last Updated: Thursday, July 2, 2015, 06:55

Online payments titan PayPal said Wednesday it is buying international money-sending service Xoom in a deal valued at $890 million.

New York AG questions eBay, PayPal on revised user agreements

Last Updated: Thursday, June 11, 2015, 21:59

New York law enforcement officials have written to eBay Inc and PayPal Inc this week, saying the companies` revised user policies "raise issues" under consumer protection laws.

New York AG questions eBay, PayPal on revised user agreements: NYT

Last Updated: Thursday, June 11, 2015, 13:40

"Consumer choice and privacy preferences are protected by state and federal laws, including laws that specifically aim to stop companies from using invasive robocalls to promote products to consumers who do not wish to receive them," the newspaper quoted Melissa Grace, a spokeswoman for New York Attorney General Eric Schneiderman, as saying.

SBI ties up with Snapdeal, PayPal to assist small, medium biz

Last Updated: Thursday, May 21, 2015, 13:20

Country's largest bank SBI on Thursday signed pacts with e-commerce player Snapdeal and digital payments firm PayPal for providing cheaper loans and cross- border transaction facility to small and mid-sized businesses.

PayPal to pay $25 mn for illegally enrolling users in credit program

Last Updated: Wednesday, May 20, 2015, 01:55

The US Consumer Financial Protection Bureau on Tuesday said PayPal will pay $25 million in refunds and penalties for illegally signing people up for its online credit product and mishandling complaints.