electronic payment

eBillme study asks consumers about anticipated spending post-recession

RYE BROOK, NY - May 19, 2010 - 52 percent of consumers say that as the economy starts to improve, they plan to increase their spending on travel. This is the top response in a consumer study released today by eBillme, and conducted by Javelin Strategy and Research.

The study polled 1,200 consumers to measure the top things they plan to increase spending on as the economy begins to improve and consumer confidence increases.

PayPal Launches Program to Connect Developers with Potential Investors

DEMO Spring 2010, PALM DESERT, Calif. - March 22, 2010 - PayPal today announced the winners of the PayPal X Developer Challenge, a competition launched at PayPal's Innovate 2009 developer conference to encourage the creation of innovative businesses using the PayPal X global payments platform.

WOODLAND HILLS, Calif., March 18 -- Maxpayments (www.maxpayments.com), a full service ISO handling Multi-Currency Payment Processing, demonstrates their focus on exemplary compliance and risk management with the announcement of their new alliance with BrandProtection.

As one of the first partner ISO's to be certified with BrandProtection, Maxpayments can leverage BrandProtection's risk expertise and advanced technology to increase consumer trust and minimize chargebacks due to fraud.

March 17, 2010 -- SINGAPORE -- PayPal and China UnionPay, China’s bankcard association, today announced that China UnionPay (CUP) card members will be able to use PayPal to shop online, representing a new opportunity for international retailers to sell to a large base of Chinese customers who, combined, hold 2.1 billion CUP cards.

“After years of being the export hub for the world, today marks the day that China is open for business as an import e-commerce market”

Over 1,000 New Jobs to Be Created

March 17, 2010 -- SINGAPORE -- PayPal today announced that it plans to double the number of employees in Asia Pacific from 1,000 currently to more than 2,000 by the end of the year. The company plans to add more than 100 new jobs at its international headquarters in Singapore.

“PayPal and China UnionPay Open the Global Marketplace to Chinese Consumers.”

Version 2.0 Brings Fast and Secure Mobile Access to Money

SAN JOSE, Calif. – March 16, 2010 – PayPal today unveiled a new Send Money application for iPhone. Version 2.0 of the PayPal Send Money app gives PayPal and iPhone customers around the world secure mobile access to their money and convenient features for everyday life, including Bump money transfers, Split Check and Collect Money.

According to the eBillme Online Spending Index, 9% of consumers will spend more online than last year and 57% plan to purchase something other than flowers or chocolates

Rye Brook, NY - January 26, 2010 - 23 percent of consumers plan to shop online for Valentine’s Day gifts, with nine percent indicating they will spend more money online for Valentine’s gifts compared to last year. This represents an increase in online shoppers over the 2009 holiday. Further, the majority of consumers will shop for gifts other than the traditional flowers and chocolates.

SAN JOSE, Calif. – Dec. 1, 2009 – Shoppers seeking great deals on holiday gifts took advantage of yesterday's Cyber Monday offers and paid safely with PayPal. For the third consecutive year, PayPal saw double digit growth in online sales, or total payment volume (TPV), on Cyber Monday.

RESTON, VA, November 9, 2009 – comScore, Inc. (NASDAQ: SCOR), a leader in measuring the digital world, today released findings from a study of the impact of holiday promotions on PayPal’s use at major online retailers during the 2008 holiday season. As merchants and payment services prepare for a competitive 2009 holiday season, understanding the lifts from prior promotions is critical in assembling marketing programs that positively impact consumer preferences and drive share.

Most Innovative Applications Will Win Prizes Worth a Total of $150,000

INNOVATE 2009, SAN FRANCISCO – Nov. 4, 2009 – PayPal today challenged developers to solve the fundamental problems people face when trying to pay or get paid. With prizes totaling $75,000 in cash and $75,000 in waived fees, the PayPal X Developer Challenge offers anyone with an idea the opportunity and seed capital to create a new business based on the PayPal open payments platform, PayPal X.