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Advanced Payments – Which paths to success?
PCM in partnership with Edgar, Dunn & Co. and American Express unveil the findings of the latest Advanced Payments Survey. The annual Advanced Payments Survey, which this year has been produced by PCM in conjunction with American Express and written by consultancy Edgar, Dunn & Co. (EDC), has become one of the benchmark indicators of [...]
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PayPal shares jump on eBay split – company valued at $50bn
PayPal shares are up 5% in its first day as a separate and publicly traded company. The payments system company officially split with eBay on Friday, 10 months after they announced that they were going their separate ways. PayPal processed $235 billion in total payment volume last year and logged revenue of about $8 billion. [...]
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PayPal faces tough times in the digital payments ecosystem
Former PayPal CEO Bill Harris discusses how PayPal fits into mobile payments with Bloomberg’s Emily Chang. Harris was asked whether the company can compete with other digital payment firms, in particular Apple Pay and Google Wallet. ‘‘I think they are going to struggle, because there is so much more momentum in the mobile and retail [...]
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PayPal to List on Nasdaq
According to web rumours, EBay payments unit PayPal plans to trade on the Nasdaq Stock Market when the two companies split later this year. PayPal said it would use the ticket symbol “PYPL,” which is the same symbol that the company had before being acquired by eBay in 2002 for about $1.5 billion – according to the [...]
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PayPal launches One Touch payments
PayPal says it has launched one touch payments in a move to simplify and accelerate their payment service and deal with the large number of incomplete transactions. The payment service, called One Touch for Web, is an extension of PayPal’s mobile One Touch, which was created after eBay’s $800m acquisition of Braintree, a payment processing platform, in 2013. [...]
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