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13 plead guilty to attacking Paypal servers (Update)

Thirteen people have pleaded guilty to helping briefly disable online payment service provider Paypal as part of a protest that authorities say was organized by the hacking group Anonymous.

Earnings preview: EBay 3Q profit, sales seen up

Online auctioneer eBay Inc. is expected to post higher revenue and earnings in the quarter through September thanks to higher transaction revenue from its websites and greater use of its payments processor PayPal.

Facebook to test mobile payments service (Update)

Facebook plans to test a mobile payments service that lets users make purchases inside mobile applications using payment information they have added to their account on the social network.

Internet powers cross-border shopping bonanza: PayPal

A study released on Monday showed that Internet-powered shopping across national borders has created "modern spice routes" holding wealth for local merchants who tap into the booming trend.

PayPal launches quest for intergalactic currency

Earthbound financial transactions service PayPal launched a quest for an intergalactic currency, saying it is time to figure out what space travelers will use as cash.

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