Archive for the ‘PayPal’ Category
Tuesday, March 13th, 2012
PayPal, which started holding their clients funds for up to 21 days, since sometime around 2008, and putting the funds in an interest-bearing account, has promised to now instead put the funds in a non interest-bearing account. They would still continue to hold their clients' funds for up to 21 ...
Posted in PayPal | No Comments »
Wednesday, February 29th, 2012
With effect from 1st April, 2012 for existing PayPal users, and with immediate effect for new accounts, PayPal will be changing their identity authentication (to include more stuff) and privacy policy.
For the identity authentication, PayPal will have the right to ask their users all sorts of personal information, if they ...
Posted in PayPal | No Comments »
Monday, November 14th, 2011
PayPal said that they are processing $10,000 in mobile payments every minute. That's why they are pushing mobile versions of their products, seeing how mobile shopping has caught on among consumers so rapidly. More and more people are using smartphones these days and they have no qualms using their mobile ...
Posted in PayPal | No Comments »
Wednesday, October 19th, 2011
The Reserve Bank of India (RBI) has raised the PayPal payment ceiling in India from US$500 to US$3000 per export-related transaction. This is good news to Indian PayPal account holders but each account will still be required to furnish PayPal with PAN (Permanent Account Number) and bank account details to ...
Posted in PayPal | No Comments »
Thursday, October 13th, 2011
PayPal unveiled a new feature which would allow online shoppers to easily make payment for purchases at any online store by logging in to the PayPal site right from the webstore. Because this is so, shoppers no longer have to fill out long forms and provide the recipient's name and ...
Posted in PayPal | No Comments »
Monday, September 19th, 2011
PayPal India has informed all registered users of the site that beginning 26th Sept, 2011. This has gotten PayPal India users up in arms but I guess if this is done to comply with regulations of the Reserve Bank of India, then there is nothing we can do, except to ...
Posted in PayPal | No Comments »
Thursday, September 15th, 2011
PayPal, in a bid to step up competition with Amazon.com, is planning a series of new payment options for sellers, including mobile payments, barcode scanning via handheld devices, store inventory lookup and offers based on a person's geographical location.
In a recent blog post, PayPal disclosed that these new payment ...
Posted in PayPal | No Comments »