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A New Virus Breaches PayPal’s 2FA To Steal All Your Money

If you are one of those active users of PayPal, this could be alarming for you. There's a new trojan virus on the prowl now. And it plans to take all your money away from you through the Paypal app. Let us sit back and look at this digital nuisance a bit more clearly.The most important thing about computer viruses, especially...

Happy Birthday Peter Thiel: And For The “New Currency” PayPal !

Peter Thiel
Being recognised by the World Economic Forum as a Young Global Leader is not easy. And neither was it building the 'new currency' as admitted by Peter Thiel, the co-founder of PayPal. Managing funds right from $700 million as president of Clarium to $2 billion as a managing partner of FoundersFund, Peter's adrenaline has always come from informal innovation focused startups and mentoring...

Social Media Routes Beyond Networking; Social Commerce Is The Next Big Thing

Sales through social media
Social media channels are no longer a platform to hang around at or a place for the usual hum-drum - It is now a digital marketplace!According to the recent study done by PayPal, social media platforms are no longer limited to mere networking! It has ventured into a more sizeable industry - Digital forum where merchants and consumers can...

PayPal Is Hiring 600 Engineers In India To Strengthen Its Indian Operations

paypal is hiring
Attention! All the budding engineers, who have always dreamt of working with a top-notch MNC, here is your chance! The global leader in digital payments PayPal, which has always proved its commitment to India in several ways, is all set to hire almost 600 techies in India by the end of December this year. As of now, the recruits will...

Happy Birthday Elon Musk: Entrepreneur, Engineer, Risk Taker Extraordinaire!

Elon Musk
Before I begin this article, let me put out a disclaimer.Disclaimer: It is not humanly possible to describe everything that a certain South African-born Canadian-American gentleman called Elon Musk has and will accomplish in one article. Please do not expect to read everything that will ever be written about Mr Musk in this one piece of attempted disquisition. Albeit,...

PayPal Knocks At The Doors of Indian Seller In An Attempt To Beat Paytm

PayPal domestic operations in India
With an aim to take Indian market by storm, PayPal had tried numerous methodologies like application for PPI (Prepaid Payment Instrument) in September last year to wooing Snapdeal for its Freecharge app. After making a failed attempt to acquire Freecharge, the company tried to invest into Flipkart's PhonePe to capture the sizeable share of the world's fastest emerging digital market....

Are Mobile Wallets Dying? Merchant Support Down To 22% In 2017 [REPORT]

mobile wallet share 2017
The past few years in the e-commerce landscape have been marked by the rise of mobile payment solutions, and in particular, the mobile wallet. One of the countless innovations enabled by the advent of the smartphone revolution, mobile wallets promise to simplify the financial transactions by making them faster, more convenient and secure. Of course, the success of any...

Diversified Mobile Payment Options Are Transforming the Financial Industry

Small businesses are using state of the art technology to make paying for purchase much faster and more convenient than ever before. While cash may be the preferred method of payment, many are choosing to accept credit cards in an attempt to gain more business. The use of bank and debit cards has made paper checks almost obsolete. Mobile...

Complex e-Payment Gateway System And Mistrust Are Hurting Global E-Biz Industry !

The complex e-payment gateway setup process in India and mistrust towards e-payment among Asian shoppers/retailers could significantly damage the growth of global e-business industry. This could have direct impact over M-commerce which is already being challenged by the explosive transformation of desktop users (and shoppers) to mobile. Global E-Commerce sales is expected to top $1.25 Trillion by 2013 with...

‘Money-On-Mobile’: Mobile Wallet Service Could Boost Financial Inclusion In Non-Banking Market Of India

We have had a linger discussion over Google Wallet, which has almost accomplished one year of its journey. Google seems bullish about its Wallet service this time, and obviously, it has become a big challenge for PayPal. At present, number of Google and PayPal’s contenders are available in the market including American Express, Discover, Master Card and Visa. Google...

Google Wallet’s Strong Penetration Could Threaten PayPal In Mobile Payment Space

It's almost the complete of one year of Google Wallet services and it has made a strong penetration among mobile payment users. On the other side, its competent "PayPal" also seems very aggressive this time. Recently, it has signed an agreement with 16 major retailers worldwide to roll out the mobile payment through PayPal. In addition to these, the global...

EBay To Strengthen Its Human Assets In Bangalore: 1,000 Jobs To Grab !

With the success of EBay Inc, an acquisition of PayPal, a Global commerce platform and payment leader, anticipatory planning is being made to expand its foot prints over the “garden city- Bangalore” in India. EBay is one of the leading online trading communities where anyone can sell and buy almost anything in India. EBay is now endeavoring to open a Global...

PayPal And Ebay Gears Up To Boost Mobile Commerce Economy

Online e-Commerce giant eBay and its online payment processing subsidiary PayPal have announced that they will launch various features which can boost mobile commerce economy at MWC. The steps taken by the duo is mainly due to the rise in number of mobile users globally and surging up adoption of mobile advertisements.Even, eBay subsidiary PayPal has launched the PayPal...

eBay And PayPal To Reach $8 Billion And $7 Billion Respectively In 2012

In last few years e-commerce sites have grown exponentially both in revenue and by demands. People are showing more confidence in online stores and preferring to purchase range of products from e-commerce sites with the help of e-payment process. Recently at CES event eBay CEO John Donahoe revealed that eBay has reached $5 billion in mobile gross merchandise volume in 2011, while PayPal...

PayPal To Debut In Daily Deals Business With Tailored Strategy

Despite of tough competition in online deal market PayPal is planning to jump into the online coupon business with a twist to tap users based upon their buying habits and mobile locations. Company is ready to compete with online deal market leaders like GroupOn and LivingSocial. The EBay owned company, which has more than 103 million members, will make...

PayPal Upsurges Receiving Limited to $3000 for Indian Merchants

PayPal has finally managed to break the ice with Reserve Bank of India on current ‘transaction limit’ chaos for Indian merchants – atleast till an extent.  Going further, Indian merchants - who use PayPal to receive money from overseas – can receive upto $3000 per transaction instead of earlier trivial figure of $500. However, there is nothing mentioned over...

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