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How Does PayPal Work?

If you’ve ever bought or sold anything on eBay, then you probably already have a PayPal account.  If you’ve ever bought anything online, then you probably should have a PayPal account.  Some people shy away from the whole thing because the thought of giving credit card information to a company is scary.  This just means [...]

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That Awkward Moment When PayPal Makes You A Quadrillionare Then Takes It Away

56-year-old Chris Reynolds received a seemingly routine email from PayPal saying his monthly balance was a whopping $92,233,720,368,547,800. That’s over 92 quadrillion dollars. You may not have heard the word quadrillion before— that’s because it’s never had to be used. The world’s richest man, Carlos Slim, can boast a $73 billion dollar fortune, but that [...]

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Chirpify Allows You To Buy Products You See On Twitter Or Instagram Just By Replying “Buy”

We are visual beings. Why else do we respond so strongly to sites such as Pinterest and Instagram? The creators of both sites nailed it. Instagram lets us connect to other users in a more personal way and see aspects of brands and people we might not otherwise see. If you already spend a lot [...]

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Facebook Investor Tells Eric Schmidt ‘Google is Out of Ideas’

Google is often regarded as the tech company willing to try anything in the name of science and technology. It is that ‘try-anything’ attitude that has brought about Gmail, Google Glass, and self-driving cars. That’s why many were surprised at the jabs by PayPal founder and prolific Silicon Valley investor Peter Theil towards Google’s Eric [...]

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Bump Pay Makes Transferring Money Fun

Bump Labs has thrown all it has on black and is now launching an app that allows people to exchange money by tapping their phones together. The app is called Bump Pay and is built into the company’s existing core technology, which enables two smartphones using the Bump app to transfer data by being tapped [...]

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PayPal rumored to be launching a mobile payment solution to compete with Square

Square, Intuit, and Verifone are the big dogs in the mobile payment space right now, but if rumors are true, Internet payment giant PayPal may soon be joining the fray. According to Gigaom, PayPay officials are preparing to announce a mobile payment solution for small businesses as early as this Thursday. The move would be [...]

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Chirpify: Exploring Twitter Commerce

Twitter recently took a new turn through Chirpify, a Portland, Oregon startup company looking to use the exploding network as a commerce platform. Chirpify unveiled its all-in-one tool last week, that allows users to monetize their tweets by tapping into PayPal. Chirpify can be used in three different ways; through Chirpify Commerce which focuses on [...]

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Scott Thompson moves to Yahoo!

The news of former President of PayPal Scott Thompson, leaving his position with eBay to work as Yahoo!’s CEO could not have come at a worse time. Thompson’s sudden move literally “shocked,” eBay’s CEO John Donahoe and the company itself. Although Donahoe had know about Thompson’s talks with Yahoo!, he was not aware of the [...]

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Paypal ‘Ruins Christmas’ for 200 Underprivileged Children, Not Cats [Updated]

Regretsy, a popular blog for failed crafts, decided to do something awesome this winter. They organized a gift drive for over 200 underprivileged kids and invited their readers to donate to the cause. The readers responded so quickly and generously that Paypal decided to freeze the Regretsy Paypal account. Paypal refunded all unprocessed donations and [...]

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Send money to your friends over Facebook with PayPal

Paypal wants you to give money to your friends on Facebook. Their app is simply titled “Send Money.” How convenient! Such a service would be incredibly convenient. I have no idea which of my friends have a PayPal account, and it’s not exactly easy to transfer money between banks. Most transactions will be free. You [...]

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