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Groupon launching in Thailand

Groupon announced Monday it was launching in Thailand, the 47th country for the daily deals site outside the United States.

Irish PayPal expansion to create 1,000 jobs

US online payments giant PayPal is to create 1,000 new jobs in Ireland in a major expansion of its operations in the eurozone member, Prime Minister Enda Kenny said on Tuesday.

Location-based 'geo-fencing' apps raise privacy concerns

Someone who is in a mall or near a favorite restaurant might get a message on their cellphone about a sale at a store or specials on the menu. Or they could be alerted that their child has left the school grounds.

eBay buying Zong for $240 million

PayPal owner eBay said Thursday that it has agreed to buy mobile payments provider Zong for $240 million in cash.

Payment startup Square rolls out iPad sales app

(AP) -- First, mobile payment service Square made it easier for merchants to accept credit cards anytime, anywhere, with just a smart phone and a tiny, plastic credit-card reader. Now the startup led by Twitter co-founder ...

PayPal to restrict payments to India merchants

(AP) -- PayPal is making more changes to its online payment service in India, saying it will begin restricting the size of payments to merchants in India because of new rules from the Reserve Bank of India.

eBay enlists China and US post services to battle Taobao

US auction site eBay announced a partnership Friday with China Post and the US Postal Service in a new bid to re-establish itself in China, where the market is dominated by homegrown rival Taobao.com.

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