22

Feb

2013

PayPal prepares mobile-connected Chip and PIN device for the UK

Author: The Fonecast

eBay-owned online payment service PayPal is introducing a new Chip & PIN device for UK retailers. It’s called PayPal Here - the same name as the company’s plug-in reader for swipe cards in the USA - and is designed to work in conjunction with a smartphone app.

The device is being made available to select UK businesses in the next few months before a full UK launch this summer.

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Categories: Applications, News

Tags: paypal, uk, payments

18

Jan

2013

eBay and PayPal report a good mobile year

Author: The Fonecast

Online marketplace eBay has reported its fourth-quarter and full-year results for 2012, with annual revenue up 21% to $14.1 billion (around £8.9 billion).

Net income was down 19% to $2.6 billion, although the Q4 2011 figures had been boosted by the company selling its share in Skype.

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23

Jul

2012

Last week at The Fonecast: 23rd July 2012

Google employee no.20 becomes the new number 1 at Yahoo!

Author: The Fonecast

Mark Bridge writes:

Internet veteran Yahoo! provided last week’s biggest news, at least in terms of press coverage. It appointed Marissa Mayer as its President and Chief Executive Officer, having enticed her away from Google after 13 years.

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20

Jul

2012

eBay expects mobile transactions to double this year

Author: The Fonecast

eBay has published financial results for Q2 2012, revealing that mobile technology is playing a big part in its businesses.

It notes that the company’s mobile apps - launched at the end of 2008 - have been downloaded more than 90 million times worldwide, while the volume of mobile transactions is expected to double in 2012 compared with last year. 1.9 million items are now listed on eBay via mobile devices every week.

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18

Jul

2012

card.io credit card scanning business acquired by PayPal

Author: The Fonecast

card.io, a California-based company that enables mobile developers to capture credit card information within their apps by using the camera on a smartphone, has been acquired by PayPal.

The two companies worked together on the PayPal Here mobile app, which enables business owners to take payments via their mobile phone or tablet.

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