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....The buyer claimed Rose had forfeited his rights by signing for the parcel, while eBay’s response was similar. Although Rose sent photographs and message threads to support his case, eBay took the money from his PayPal account and refunded the buyer for both swords. ... [Read full article on Guardian ]
Sunday 21st of May 2017 05:59:46 AM
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Latest Finance News related to PayPal

Ebay accused of failing its sellers as fraudulent buyers manipulate the system image
....The buyer claimed Rose had forfeited his rights by signing for the parcel, while eBay’s response was similar. Although Rose sent photographs and message threads to support his case, eBay took the money from his PayPal account and refunded the buyer for both swords. ...
China's Alipay takes on Apple in US expansion image
Source : BBC [Read Article] Tuesday 9th of May 2017 07:30:05 AM
.... . It follows a small trial in California and New York, and brings Alipay into direct competition with the likes of ApplePay, Android Pay and PayPal. ...
Meet the millennials making big money riding China's bitcoin wave image
Source : Guardian [Read Article] Tuesday 11th of April 2017 06:00:21 AM
.... Whether it’s unpredictable government interventions, or debates within the community about how the industry can and should be scaled, general growth in value thus fair doesn’t necessarily suggest anything about the future of bitcoin, despite the faith of its adherents. Gibson makes the point that bitcoin has only been around for nine years; it took PayPal at least 10 to properly catch on. ...
Tesla charges ahead to overtake Ford in market value image
Source : Guardian [Read Article] Tuesday 4th of April 2017 01:31:56 PM
....But South-African born Musk doesn’t really do caution. He bought into Tesla at an early stage after making his fortune through the development of tech businesses including PayPal, which made him $165m when it was sold to eBay for $1. ...
Has TalkTalk’s security been breached yet again? image
Source : Guardian [Read Article] Saturday 11th of March 2017 06:59:27 AM
....”. It was when he was asked to send money via PayPal that he realised it was a scam. ...
The smaller the better? image
Source : BBC [Read Article] Friday 3rd of March 2017 12:08:53 AM
....For example, media firms News Corporation and Time Warner have both split off their print businesses into separate firms, aiming to accelerate the growth of their broadcast arms. Similarly in 2014, eBay - also formerly led by Ms Whitman - split into two, carving PayPal, the electronic payments arm it bought in 2001, off from the main online auction business. ...
Donations made using PayPal platform may never reach charities, lawsuit says image
. Charitable donations made through PayPal’s Giving Fund platform may never reach their intended recipients, a federal class-action lawsuit filed Tuesday in Chicago has alleged. ...
Surge in smartphone shopping expected over next four years image
Source : Daily Express [Read Article] Friday 10th of February 2017 12:00:00 AM
. But research from Google, PayPal UK and OC&C Strategy Consultants shows that British retailers are failing to keep up with their Asian and American rivals who are adapting more quickly to consumers' shift to mobile. ...
Debenhams fails to deliver Christmas flowers and ignores my complaint image
Source : Guardian [Read Article] Tuesday 17th of January 2017 07:00:32 AM
.... Debenhams says it will contact me but so far hasn’t. As I used PayPal for the transaction, I raised an action with it for non-delivery and received a refund within 24 hours. ...
Carl Icahn denies conflicts of interest as Trump adviser image
Source : BBC [Read Article] Thursday 22nd of December 2016 07:43:21 PM
....He added that he would not be in the Cabinet and so "not making any policy". Mr Icahn is a large investor in oil firm CVR Energy, along with other US businesses including PayPal and insurance firm AIG. ...
'Call me': Donald Trump woos tech leaders at New York meeting image
Source : Guardian [Read Article] Wednesday 14th of December 2016 09:22:39 PM
....Trump had clashed with tech leaders before his election, suggesting he would start a monopoly investigation into Amazon, whose founder, Jeff Bezos, was in attendance, and calling for a boycott of Apple after the tech company declined to break into the iPhone of one of the San Bernardino killers. But in a conference room in Trump Tower on Wednesday, Trump encouraged coziness among bankers, the government and tech executives hand-selected by the PayPal billionaire Peter Thiel at the industry summit held at Manhattan’s Trump Tower. ...
A challenge to Facebook’s reach and power is long overdue  | John Harris image
Source : Guardian [Read Article] Thursday 8th of December 2016 07:44:36 PM
....Five months later, after Facebook had been accused of anti-conservative bias, there came a fascinating twist. One of the company’s board members – Peter Thiel, the co-founder of PayPal – was revealed as a Trump supporter who was about to donate $1. ...
Tesco Bank cyber attack involved guesswork, study claims image
Source : Guardian [Read Article] Friday 2nd of December 2016 12:01:00 AM
....The Newcastle team used a set of software tools – including a website “bot” and automated scripts – and their own bank cards, including seven Visa ones, to carry out an experimental distributed guessing attack. They chose 400 of the world’s biggest commercial websites for their investigation, including Google, Amazon, iTunes and PayPal, before later whittling this down to 389. ...
Ctrl+Z: Silicon Valley leaders U-turn on Donald Trump image
Source : Guardian [Read Article] Friday 11th of November 2016 10:00:16 AM
....In the end, it took less than 24 hours for Silicon Valley to start making nice with President-elect Donald Trump. For a full year, the tech industry had collectively railed against the xenophobic, bigoted, and anti-science tenor of candidate Trump, displaying a political consensus so strong that the only public outlier – PayPal co-founder Peter Thiel – became the target of a shunning campaign from industry insiders. ...
Gawker settles Hulk Hogan privacy case for $31m image
Source : BBC [Read Article] Wednesday 2nd of November 2016 06:14:08 PM
....Mr Denton also said that as part of the settlement, three "true stories " would be "removed from the web". Mr Thiel co-founded PayPal and was an early shareholder in Facebook. ...
Amazon Marketplace’s faulty goods policy wears thin over Nike trainers image
Source : Guardian [Read Article] Sunday 23rd of October 2016 05:59:37 AM
.... It is because Amazon collects the money and passes it on to the retailer minus its commission. The same is true of using PayPal. ...
Cyber attacks briefly knock out top sites image
Source : BBC [Read Article] Friday 21st of October 2016 02:16:24 PM
. Twitter, Spotify, Reddit, SoundCloud, PayPal and several other sites have been affected by three web attacks. ...
Five minute guide to the ever-rising threat of fraud: Beware of card sharps image
Source : Daily Express [Read Article] Sunday 25th of September 2016 11:58:00 AM
....”. He recommends to shop only with well-known firms online, or use safer payment systems such as PayPal, ApplePay or Android Pay. ...
John Lewis credit card won't cover me if travel firm fails image
Source : Guardian [Read Article] Saturday 10th of September 2016 06:00:24 AM
.... A new or used car purchase is a good example, as long as the total purchase price is less than £30,000. Payments made via PayPal do not enjoy the same protection. ...
Planning to send money overseas? Here’s how to do it image
Source : Guardian [Read Article] Saturday 20th of August 2016 06:00:06 AM
.... It’s about people who need to send small sums regularly, and those making large one-off transfers, such as buying a holiday property. It reveals that some providers are great for large sums, but pricey for smaller transfers – and it tells you to avoid PayPal, which came out particularly poorly in our price survey. ...
Gawker Media sold to Univision in bankruptcy auction image
Source : BBC [Read Article] Wednesday 17th of August 2016 12:26:44 AM
.... . In a twist revealed after the trial, it was discovered that Mr Hogan's legal bills were paid by PayPal co-founder and tech billionaire Peter Thiel. ...
Gawker case: Thiel is 'serious threat' to press freedom image
Source : BBC [Read Article] Tuesday 16th of August 2016 05:31:12 PM
....Gawker claimed it had a right to publish the video, while Mr Hogan successfully argued it had been an invasion of his privacy. It transpired that Mr Thiel, who co-founded PayPal and was an early stakeholder in Facebook, had funded that legal fight and he said he had sought others to back it as well. ...
Budget airlines stand accused over credit card fees image
Source : Guardian [Read Article] Friday 12th of August 2016 01:52:30 PM
.... Flybe said its charges meet UK requirements and that it scrapped debit card fees for online payments in 2012. Monarch said fees reflected its costs and that credit card customers paying via PayPal incurred no fee. ...

Budget airlines 'breaking the law' by charging holidaymakers rip-off credit card fees 
 image
....A Monarch spokesman said: "Monarch’s credit card surcharges are set to cover all of the related costs incurred by the company associated with taking payment by credit card. There are no charges to customers who choose to use PayPal, even if paying by credit card. ...
Ebay flouted its own refund policy when parcel didn't arrive image
Source : Guardian [Read Article] Wednesday 10th of August 2016 06:00:04 AM
....In a number of phone calls to eBay customer services, staff agreed that I was not responsible for the refund but that, since it was a decision by eBay Germany, there was nothing they could do. By then my PayPal account had been debited. ...
The Crusader: Below par service from online golfing firm leaves pensioner out of pocket image
.... . While eBay explains it cannot help as Anthony is out of time, PayPal is continuing to investigate following our request. ...
How to avoid falling victim to fraudsters image
Source : Guardian [Read Article] Saturday 30th of July 2016 06:00:26 AM
....Related: Over-50s risk pension scams as they shun expert advice. • The above also applies if you get a call from your credit card firm, PayPal, your phone or TV provider or any firm with which you have a financial arrangement. ...
Collapse of Low Cost Travel Group proves protection can be priceless image
Source : Daily Express [Read Article] Wednesday 20th of July 2016 12:20:00 PM
....”. If you paid on a debit card make a Chargeback claim through your bank to see if it can claw back the money, while if you paid via PayPal raise a dispute. ...
Crusader guide to getting the best from deals and vouchers image
Source : Daily Express [Read Article] Tuesday 21st of June 2016 09:58:00 AM
....Cashback sites. Instead of an instant discount, these give you a percentage of cash from your purchase at a later date which you can get via BACS, PayPal or as a shopping voucher. ...
LinkedIn’s rapid 14-year growth led to $26.2bn Microsoft deal image
Source : Guardian [Read Article] Monday 13th of June 2016 04:01:20 PM
....5bn) takeover target. Reid Hoffman, 48, hatched the idea for LinkedIn from his apartment in December 2002 – shortly after eBay bought online payment service PayPal, where he was CEO. ...
Is a PayPal payment protected? image
Source : Guardian [Read Article] Thursday 26th of May 2016 06:00:03 AM
....I’m thinking of booking a villa in Spain for a week in July. It’s advertised through a third-party website and I am advised that payment to the owner can be made by credit card using PayPal. ...
Hula-Hoop lessons and woodcarvers? You won’t find that on the high street image
.... Amazon opened its first store last year while British fashion website Missguided will soon make its debut in the Westfield Stratford City mall in London. Notonthehighstreet is part of the so-called Silicon-upon-Thames tech set: its head office is in the well-heeled riverside London suburb of Richmond, where its neighbours include eBay and PayPal and mail-order snack kings Graze. ...
The battle over the future of bitcoin image
Source : Guardian [Read Article] Tuesday 3rd of May 2016 07:00:48 AM
.... For all its technological brilliance, there still isn’t an easy way to use it at major stores, and spending a coin can appear to be more trouble than it’s worth. For consumers, paying a merchant in person with bitcoin is similar to using PayPal or Venmo. ...
LGBT insurer Emerald aims to bridge a sexuality gap image
Source : Guardian [Read Article] Saturday 30th of April 2016 06:00:17 AM
.... Lloyds is running an advertising campaign that prominently features a same-sex couple in the midst of a proposal, while Nationwide and many other banks and insurers have thriving LGBT groups. In the US, PayPal cancelled expansion plans in North Carolina in protest at controversial new rules that discriminate against LGBT citizens. ...
It’s seller beware as eBay’s buyer guarantee is exploited by scammers image
.... It said I would be contacted. A month later I received an email, not from eBay but from PayPal, to say £600 had been removed from my account. ...
Apple scammers have their heads in the iCloud image
Source : Guardian [Read Article] Saturday 23rd of April 2016 06:00:29 AM
....The messages claim to be from Apple and typically warn the user that their account has been “restricted in order to safeguard your information” and urge the recipient to “verify and update your account” using the link provided. It is similar to the thousands of “your PayPal account has been suspended” emails, but what appears to have caught out many this time is the fact the texts look as though they have come from Apple – and have arrived on phones that have never received other scam texts before. ...
PayPal to hold all-male panel on gender equality in the workplace image
Source : Guardian [Read Article] Friday 22nd of April 2016 08:13:03 PM
. PayPal will host a panel on gender equality next Wednesday to discuss “gender equality and inclusion in the workplace”. ...
The Uber scammers who take users for a (very expensive) ride image
Source : Guardian [Read Article] Friday 22nd of April 2016 09:31:42 AM
....”. Cookney, who lives in north London, says her Uber account was connected to PayPal rather than her credit card, “so I quickly disconnected it, and it’s lucky I did, because later that day three more attempted journeys popped up on my account but were cancelled, presumably due to the lack of payment method. ...
Chancellor’s £4bn deficit target blow: Figures set to prove ‘heroic assumptions’ wrong image
....Wage growth, though, is likely to be anaemic. Elsewhere, new research from PayPal shows that British small to medium sized enterprises (SMEs) are missing out on the boom in online sales to firms on the continent. ...
Deutsche Bank is latest business to protest North Carolina anti-LGBT law image
....The bank announced it will freeze plans to create 250 new jobs at its Cary, North Carolina location. The decision follows an announcement from PayPal that it has dropped plans to expand in the state, creating 400 new jobs. ...
Drug dealers using Instagram and Tinder to find young customers image
Source : Guardian [Read Article] Thursday 7th of April 2016 08:27:22 AM
....Buyers can either meet face-to-face or pay online and have their purchases posted to them. While online payments such as bitcoin and pre-paid gift cards such as Vanilla Visa are encrypted, more traceable measures such as unattributed bank transfers and PayPal are also used. ...
Apps are getting millennials interested in money – but can they be trusted? image
....If millennials have completely lost faith in the conventional banking world after witnessing the events leading up to the crisis of 2008 – and watching the banking bailout that followed – they have found a refuge of sorts in the world of financial technology. Nearly twice as many Americans (of all ages) trust technology companies such as Google, PayPal and Amazon in their financial product offerings as trust big banks such as Bank of America, Citibank and JP Morgan Chase. ...
Social media users warned over rise in online ticket fraud image
Source : Guardian [Read Article] Monday 21st of March 2016 12:01:53 AM
....• If you buy tickets from an individual (for example, on eBay), never transfer the money directly into their bank account. Use a secure payment site such as PayPal. ...
'We did more research for exporting than for launching the business' image
Source : Guardian [Read Article] Monday 14th of March 2016 10:03:20 AM
.... However, the company hadn’t sufficiently researched the market and weren’t aware of a key difference between business in Italy to the UK - payment culture. “Italians like to pay in cash and they don’t like to use credit cards or PayPal,” says Callede. ...
Tesla losses soar to $889m - but shares jump as Elon Musk forecasts a profit  image
Source : Telegraph [Read Article] Thursday 11th of February 2016 05:03:38 PM
.... Investors were undeterred by the California-based company failing to turn a profit. Shares rose almost 6pc as the billionaire co-founder of PayPal spelled out his vision for the business. ...
Startup of the Year 2015 - 2016 competition entry: Lystable image
Source : Guardian [Read Article] Wednesday 10th of February 2016 02:32:19 PM
.... Fourteen months later and he has secured $3. 3m in funding from US venture capital heavyweights including PayPal co-founder Peter Thiel and Toba Capital, has hired 18 staff, opened a London and San Francisco office with a New York office on the way. ...
Bitcoin and darknet are making it harder to track online child abuse image
Source : Guardian [Read Article] Thursday 28th of January 2016 12:07:06 PM
.... To tackle this, the Financial Coalition Against Child Pornography (FCACP) was set up in 2006 in the US. Spearheaded by non-profit the International Centre for Missing & Exploited Children (ICMEC), it brought together leading names in the financial industry including American Express, HSBC North America, MasterCard, Visa, Standard Chartered and PayPal – together making up 90% of the US payments industry. ...
The fintech revolution that promises to finish off the big bad banks for good image
.... It will either come from mobile telephony, where your Sim card essentially becomes your bank, or it will be someone entirely new and unexpected. Even PayPal, the biggest of the alternative money transfer systems, is beginning to look a little passé in its approach and technology. ...
In The City: Big banks are getting ready to fight back against the challengers image
.... . PayPal dominates much of the online payments industry, and big banks are on the lookout for any similar future threats to their business  Photo: ALAMY. ...
EBay: the ultimate guide to avoiding scams, unwanted returns and other pitfalls image
.... If this doesn’t resolve the matter you can refer the case to eBay's resolution centre. If the case isn’t resolved in eight days, and you paid for the item through PayPal, you may be entitled to a full refund under eBay’s Money Back Guarantee. ...
Thousands of TalkTalk fraud victims denied compensation image
Source : Telegraph [Read Article] Sunday 17th of January 2016 07:01:28 AM
.... One such individual is Darryl Nash, whose account was scammed and hacked on November 12th 2015 by someone purporting to be from Talk Talk. The man, who stole £199 from his PayPal account, first gained his trust by reciting exact details of his account as well as details of an ongoing broadband fault, and the name and timings of an engineer who Talk Talk had sent round to fix the problem. ...
Eat, swipe and leave – the new smartphone apps for diners image
Source : Guardian [Read Article] Saturday 16th of January 2016 07:00:25 AM
....The apps generally work in one of three ways: a four-digit code generated by the app and given to the restaurant; by table number provided by the restaurant; or by QR barcode. Payments are made by a pre-loaded link to PayPal, Apple Pay or a credit or debit card. ...
EBay buyer sent my 'health machine' for repair - and wanted me to pay image
Source : Telegraph [Read Article] Friday 15th of January 2016 12:42:12 PM
.... • 'eBay buyer returned smashed phone - and demanded £199 refund' . • 'Why this long PayPal delay?' . ...
Fintech is opening up lucrative foreign markets to British businesses image
Source : Guardian [Read Article] Wednesday 6th of January 2016 07:10:11 AM
....Rapid developments in financial technology (Fintech) are breaking down regulatory and bureaucratic barriers and opening up lucrative foreign markets to British businesses. Payment software from companies including Stripe, PayPal and Alibaba is propelling this international expansion and allowing small British businesses to have a global presence that belies their size. ...
Elon Musk's Tesla sales limp over the line image
Source : Telegraph [Read Article] Monday 4th of January 2016 11:08:55 AM
.... . The Model X SUV will have gull-wing doors - called 'falcon wings' by Tesla - as well as four-wheel drive Speaking at Tesla’s results on August 6, the billionaire who made his first fortune co-founding online payments system PayPal called the Model X a “particularly challenging car to build, maybe the hardest car to build in the world”. ...
Eurostar enlists Boomerang to come back with the goods image
Source : Daily Express [Read Article] Sunday 3rd of January 2016 12:01:00 AM
.... . Once a deal has been agreed, the recipient pays for their items using online payments service PayPal, which holds the money until the two parties have met and the item has been delivered. ...
How a mobile marketplace is creating a new kind of micropreneur image
Source : Guardian [Read Article] Wednesday 30th of December 2015 12:00:04 PM
.... Gather enough of these together during downtime – such as a commute, waiting in line or even going to the bathroom – and instead of falling prey to a social feed, there’s a cash reward. Payment is made through PayPal. ...
Apple Pay to launch in China image
Source : BBC [Read Article] Friday 18th of December 2015 07:11:58 AM
.... . PayPal also has a system for shoppers to pay for purchases digitally without using a card. ...
Is Christmas shopping by smartphone just two taps away? image
Source : BBC [Read Article] Tuesday 15th of December 2015 12:29:10 AM
....But the company says an international version is coming "soon" as well as a version for Android phones. PayPal has successfully simplified the payment process, but not all retailers accept it. ...
Fraudsters could HACK your bank account if you use public WIFI to check balance  image
Source : Daily Express [Read Article] Friday 11th of December 2015 01:32:00 PM
.... *Avoid paying for items or services by money transfers, which aren’t secure, and reputable sellers won’t ask you to do this. It's far better to use an online payment option such as PayPal, or a credit card. ...
'Can I get a refund on this eBay gazebo?' image
Source : Telegraph [Read Article] Thursday 10th of December 2015 07:15:14 PM
.... . When the seller wouldn’t reimburse you, you tried eBay and PayPal. ...
WARNING: The sick scammers targeting elderly and poor this Christmas image
Source : Daily Express [Read Article] Wednesday 9th of December 2015 04:27:00 PM
....*Avoid paying by money transfers which aren’t secure, and reputable sellers won’t ask you to do this, according to Nationwide. It's a better idea to use an online payment option such as PayPal, or a credit card which offers greater protection. ...
TV viewers have chosen the best Christmas advert of 2015 - and the winner is... image
.... . The survey found that PayPal's "No Presents", which showed two children wondering whether they would receive Christmas gifts because their parents hadn't left the house to go shopping, provided the most relevant information. ...
'I was tricked out of £369 but eBay won't refund me' image
Source : Telegraph [Read Article] Friday 4th of December 2015 12:12:53 PM
.... Delivery was promised 48 hours after the money had been received. You paid immediately via PayPal but the item did not arrive. ...
Source : Reuters [Read Article] Thursday 3rd of December 2015 10:18:00 AM
....5 million euros in venture funding. Backers include Peter Thiel, founder of PayPal and one of Silicon Valley's top investors, Earlybird Venture Capital and Axel Springer Plug & Play, both of Germany, and Swiss-based Redalpine Venture Partners. ...
Cyber Monday sales on track to top $3bn for the first time ever image
Source : Guardian [Read Article] Monday 30th of November 2015 09:01:04 PM
....Related: Black Friday eclipsed by Thanksgiving shopping as retailers open earlier. Similar technical difficulties were reported during the five-day shopping spree starting on Thanksgiving by PayPal, department store chain Neiman Marcus, Walmart, Victoria’s Secret and Foot Locker. ...
ARM: Britain's most successful tech company you've never heard of image
Source : Guardian [Read Article] Sunday 29th of November 2015 06:00:19 AM
....As the company looks to the future, it has big plans. It already makes the majority of its processors for things that aren’t mobile phones – up from just 40% a few years ago – and its chips are now being scaled up to take on Intel at its own game, powering the servers at companies like PayPal. ...
UK is world's third largest online exporter - thanks to Chinese shoppers image
Source : Telegraph [Read Article] Tuesday 24th of November 2015 10:49:25 AM
. The UK is now the third biggest online exporter worldwide, with British goods increasingly in demand among foreign shoppers, new research from PayPal revealed today. ...
The Lad Bible’s devoted followers are testament to its success image
Source : Guardian [Read Article] Tuesday 17th of November 2015 06:28:25 PM
....Swift expansion has been built on low overheads and savvy use of social media, to the point where the Lad Bible claims to reach 150 million people a week through Facebook alone. Web audience statistics place the site as the 12th most popular in the UK, ahead of PayPal and Mail Online. ...
Ebay’s money back guarantee has given a buyer carte blanche to nick my goods image
....Worryingly for sellers, anyone can claim an item they bought was fake and claim their money back. If they can’t produce hard evidence, it’s treated as “item not as described” and the money automatically refunded from the seller’s PayPal account once a postal tracking number is produced. ...
Can Facebook Messenger kill off apps? image
Source : Telegraph [Read Article] Sunday 15th of November 2015 01:58:51 PM
.... In an immaculate white shirt and blazer, and coiffed salt-and-pepper hair, the soft-spoken French-born head of Facebook Messenger has the air of a man in control. And so he should: since the former president of PayPal joined Facebook in 2014, the app has more than doubled its number of users from 300m to 700m monthly active users. ...
Five tips for tech start-up success image
Source : BBC [Read Article] Sunday 15th of November 2015 06:08:12 AM
...."Don't be evil" was famously adopted as Google's early mantra, while Mark Zuckerberg says Facebook's overarching mission is to "connect the world". But fellow Silicon Valley entrepreneur Harper Reed, who sold his online payments business start-up Modest to PayPal, told us he has little time for appeals to morality by online businesses. ...
Overdraft or a ‘money transfer’? How to ease the cost of Christmas image
Source : Guardian [Read Article] Saturday 14th of November 2015 07:00:13 AM
....He says 94% of vouchers sell within 24 hours, with Amazon vouchers holding the record time of just five seconds. Sellers of vouchers will be paid by PayPal or bank transfer. ...
Apple 'launching money transfer app' image
Source : BBC [Read Article] Thursday 12th of November 2015 04:29:20 PM
. Apple is rumoured to be in discussions with banks to set up a new money transfer app that would put it in direct competition with PayPal. ...

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