eBay has just released its second quarter 2012 earnings report, in which the eCommerce giant outpaced expectations for yet another quarter. Revenue increased 23% to $3.4 billion, compared to the same period of 2011. Non-GAAP earnings came in at $0.56 per diluted share, while eBay posted Q2 net income of $692 million — up from $283 million in Q2 2011. more…
Tag: PayPal
NEW ORLEANS–Think there are too many digital wallets out there? MasterCard would disagree.
The No. 2 payments processor today unveiled PayPass Wallet Services, its own take on the digital wallet. Initially, it will pop up in the form of a payment icon at merchant Web sites. more…
eBay Inc. (NASDAQ: EBAY) manages eBay, an online auction and shopping website. EBAY was founded in 1995 and now has a presence in 40 countries. Over the years it has expanded to include standard shopping, barcode shopping (Half.com), online classified advertisements (Kijiji or eBay Classifieds), online event ticket trading (StubHub), online apartment listing (Rent.com), online shopping comparison (Shopping.com) online money transfers (PayPal), local sales (Milo.com) and fashion sales (Brands4Friends). more…
Social payments are taking a giant leap forward. PayPal has unveiled a Facebook app that lets you send money to friends.
The app, simply titled Send Money, is just as straightforward as its name. You have the choice to send either an ecard with money or just money with no card. You select a card, choose a friend to send it to and then select how much money to send. more…
The brand that consumers will see when Visa’s digital wallet launches early next year won’t be the Visa logo.
eBay is set to unveil PayPal Access, a service for letting users use their PayPal accounts on other websites without the need to register an account or a credit card.
The service, which will make its debut Wednesday at eBay’s X.Commerce developers conference in San Francisco, more…
In its second acquisition in two weeks, eBay’s PayPal unit has bought mobile payments startup FigCard. Terms of the acquisition, which was announced on the PayPal blog, were not disclosed.
Boston-based Fig Card allows merchants to accept mobile payments in stores by using a simple USB device that plugs into the cash register or point-of-sale terminal. more…
EBay Inc. on Wednesday said that its first-quarter profit rose 20 percent on reinvigorated growth at its namesake e-commerce website and further swift growth at its PayPal payment service.
Revenue from the company’s marketplace business, which is its largest and includes eBay.com, climbed 12 percent to $1.55 billion – more…
