All Posts Tagged With: "Paypal"

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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 | Continued
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Facebook 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 | Continued
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The End of Discount Based Merchant Residuals

And so it begins. Merchant Warehouse today began offering free processing for the month of January. In part, as a means of recovering some lost business to Paypal and Google Checkout, but in part to test the waters of what the EU ruling really will mean to the merchant service provider industry.
If you have deep […]

2Jan2008 | Riley Poole | 3 comments | Continued
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Virtual “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 | 8 comments | Continued
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