"As new technology emerges, one can safely assume that the days of carrying a wallet will soon end. In fact, PayPal believes that by the year 2015, no one will be carrying a wallet anymore. Instead, mobile payment methods will be taking over."
"The forces of Anonymous have taken aim at several companies who are refusing to do business with WikiLeaks. 4chan's hordes have launched distributed denial-of-service attacks against PayPal, Swiss bank PostFinance, and other sites that have hindered the whistleblowing site's operations." | more
Never seems to fail that Paypal finds their way back into the news. Who all thinks he should switch to using Google Checkout after this inconvenience?
PayPal said a ban on personal transactions to and from India will continue for “at least a few months” while the online payment service tries to resolve a problem with local regulators.
The ban, which began Saturday and caught PayPal users in the country by surprise, relates to whether personal payments constitute “remittances,” or money sent home by people working abroad, the company said in a blog post Tuesday.
“We temporarily suspended these services to respond to enquiries from the Indian regulators, specifically questions on whether personal payments constitute remittances into Indi
Most people know eBay Inc. for its online marketplace, where deals abound on everything from gadgets to antique furniture. But soon, eBay's biggest business will likely be PayPal, the online payments service that has been growing steadily even as the economy has stumbled.
EBay has spent much of the past two years trying to improve its faltering marketplace business, hoping to increase buyers' trust and clean up the look of its Web site. In the meantime, PayPal has thrived as more consumers and merchants use it to send money online.
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