Latest PayPal News: Finextra Research

PayPal iPhone app downloaded one million times in three weeks

PayPal claims that its new iPhone app has been downloaded over a million times since launching three weeks ago.

07 April 2010

Group payments start-up WePay to take on PayPal

WePay, an online payment start-up that helps groups of people to collect, manage and spend money, has just released a public beta of its group payment product.

31 March 2010

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New regs force PayPal to stop Japanese personal payments

After falling foul of regulators in India earlier this year, PayPal has been forced to suspend personal payments in Japan ahead of new rules set to come into play on 1 April.

30 March 2010

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PayPal targets Asia Pacific with new staff and China Unionpay tie-up

PayPal has stepped up its efforts to conquer the Asia Pacific market, vowing to double its staff numbers in the region and inking an agreement with China UnionPay.

17 March 2010

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PayPal iPhone app lets users 'bump' phones to pay

PayPal has upgraded its iPhone application, adding a feature that lets users make payments by bumping handsets together.

16 March 2010

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PayPal tells users to download anti-phishing software

PayPal is asking UK customers to download software from Iconix to help identify genuine e-mails sent by the eBay unit and weed out phishing messages.

09 March 2010

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PayPal, Google and Equifax back launch of Open Identity Exchange

Google, PayPal, Equifax, VeriSign, Verizon, CA, and Booz Allen Hamilton have announced the formation of the Open Identity Exchange (OIX), a non-profit organisation dedicated to building trust in the exchange of online identity credentials across public and private sectors.

03 March 2010

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Facebook offers PayPal option for buying virtual goods

Facebook has teamed with PayPal on an online payments system that enables users to buy virtual goods on the social networking site.

19 February 2010

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PayPal launches developer library for mobile payments

PayPal has introduced a beta version of its Mobile Payments Library, with the aim of helping third party developers embed PayPal functionality into consumer handsets.

12 February 2010

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PayPal falls foul of Indian regulators; payments suspension to last for months

PayPal has been forced to suspend personal payments to and from India for "at least a few months" after falling foul of new government licensing rules.

10 February 2010