Paypal
eBay to Spin Off PayPal
It’s no secret that PayPal is a huge contributor to the success of eBay (NASDAQ EBAY) but could it actually become a bank itself? Rumor has it that eBay may spin off PayPal to make plans for Bank of PayPal. Billions are up for grabs, companies like American Express (NYSE AXP) and GMAC (NYSE GMA) [...]
14Dec2008 | Riley Poole | 2 comments | ContinuedNo Freebies This Year Says Google
Cyber Monday less than a week away and as consumers find it harder to break out that credit card, Google (NASDAQ GOOG) is giving consumers a lump of coal this year. To date, Google Checkout has yet to see profitability and while that’s not abnormal for Google services beyond its cash cow, text links, will [...]
26Nov2008 | Riley Poole | 0 comments | ContinuedPaypal considering Verified by Visa
What happens when you introduce one of the most widely targeted brand names, i.e. Paypal, with yet another highly targeted brand name, i.e. Visa? Can anyone say Chernobyl?
Seems in an effort to combat fraud, Paypal is in the early stages of considering the use of Verified by Visa and MasterCard (NYSE MA) Secure Code to [...]
Paypal Money Market Screw Up, Dividends What Are Dividends?
So, anyone who happens to have a Paypal Money Market account—you may want to check your dividends for last month. For some odd reason, I have heard from many, many people that claim to have gotten completely shafted by Paypal in this regard for last month.
I don’t know if someone just missed a decimal point, [...]
New Paypal Rules
Before the end of Q1-2008, Paypal will release its most aggressive buyer/seller protection policies to date. Over the past year, Paypal has experienced huge losses in the fraud arena and plans to combat this problem with the introduction of new front end screening tools at a cost to the end merchant in addition to a [...]
24Jan2008 | Riley Poole | 23 comments | ContinuedNext Day Funding Merchant Accounts
Anyone who sells merchant accounts has experienced one merchant or another opt for Paypal versus an actual merchant account. While there are many reasons for this, one of the big reasons may be a thing of the past. Typical funding for merchant account providers can range three to five days domestically, three weeks internationally, and [...]
19Jan2008 | Riley Poole | 14 comments | ContinuedPaypal More Successful Than American Express and Discover Combined
Okay, so it’s official. Bank of America (NYSE BAC) to buy Countrywide (NYSE CFC) for $4 Billion in stock. Whoopdy-doo. (finger-in-air) I mean, seriously, hasn’t everyone written off the housing market by now?
What I find more interesting is the rumor of eBay (NASDAQ EBAY) getting bought out by Yahoo (NASDAQ YHOO) And what I find [...]
Paypal Raises Fees & Alienates Merchants
Several years ago, many service providers such as Yahoo and Hotmail learned the hard way that when a user comes into a free service, getting them to move to a paid service is much harder than expected. While Yahoo had initially expected a conversion rate as high as 5%, less than 0.05% of users eventually [...]
3Jan2008 | Riley Poole | 10 comments | ContinuedFacebook and Paypal join forces
The some 70 Million Facebook users can now buy pizza “and other stuff” directly through their Facebook account. Facebook and Paypal have teamed up, opening up Paypal’s doors to the next wave of users, post-college kids with not enough disposable income to pay off that loan debt, but enough extra cash to push Paypal’s revenues [...]
2Jan2008 | Riley Poole | 11 comments | ContinuedVirtual “Stolen” Credit Cards??
For more than a year now, a shocking underground scheme has been building steam and no one seems to be paying attention. eBay, Paypal, Google, and many online providers utilize credit cards as a means of verifying identity. Makes sense right? Charge a few smaller transactions, typically less than $1.00 and if the user can [...]
29Dec2007 | Riley Poole | 9 comments | Continued-
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