US online giant eBay said Wednesday cyberattackers broke into its database containing customer passwords and other personal data in what could be one of the biggest breaches of its kind.
Security
May 21, 2014
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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.
Business
Aug 15, 2013
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Online financial transactions titan PayPal says it is keen to collaborate with others as it strives for a cash-free future.
Business
Aug 11, 2013
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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.
Internet
Jun 27, 2013
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Google Glass was a common sight as software savants shared visions of games, weather reports, news and more delivered to the Internet-linked eyewear.
Hi Tech & Innovation
May 16, 2013
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(Phys.org) —Google finds much appeal in gaining the distinction of leading the way toward a future where USB sticks and rings can replace traditional passwords. The idea of killing off passwords has been an attractive one ...
Two computer hackers were jailed by a London court on Thursday for a series of cyber-attacks by the hacking group Anonymous that cost the US online payments giant PayPal millions of dollars.
Internet
Jan 24, 2013
4
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Groupon launched a payment service Wednesday that allows businesses to accept credit cards using an iPhone or iPod Touch, becoming the latest company to enter the growing mobile payments market.
Business
Sep 19, 2012
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PayPal is expanding its brick-and-mortar payment services to more than 7 million stores across the U.S. in a partnership with Discover Financial Services.
Business
Aug 22, 2012
2
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Tesla Motors said Tuesday it would begin deliveries of "the world's first premium electric sedan" on June 22, slightly ahead of schedule.
Energy & Green Tech
May 22, 2012
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PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.
A PayPal account can be funded with an electronic debit from a bank account or by a credit card. The recipient of a PayPal transfer can either request a check from PayPal, establish their own PayPal deposit account or request a transfer to their bank account. PayPal is an example of a payment intermediary service that facilitates worldwide e-commerce.
PayPal performs payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It sometimes also charges a transaction fee for receiving money (a percentage of the amount sent plus an additional fixed amount). The fees charged depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type. In addition, eBay purchases made by credit card through PayPal may incur a "foreign transaction fee" if the seller is located in another country, as credit card issuers are automatically informed of the seller's country of origin.
On October 3, 2002, PayPal became a wholly owned subsidiary of eBay. Its corporate headquarters are in San Jose, California, United States at eBay's North First Street satellite office campus. The company also has significant operations in Omaha, Nebraska; Scottsdale, Arizona; and Austin, Texas in the U.S.; India; Dublin; Berlin, and Tel-Aviv. As of July 2007, across Europe, PayPal also operates as a Luxembourg-based bank.
This text uses material from Wikipedia, licensed under CC BY-SA
