PayPal Arranges Deals With 15 Retailers PayPal announced 15 new national retailers who are going to bring innovation and flexibility with PayPal’s offline payment and shopping solutions. PayPal is already accepted in about 2,000 Home Depot stores. “Consumers are relying on technology now more than ever to simplify their lives when it comes to shopping…

eBay Plans Second Development Center in India eBay Inc. unveiled plans for a new facility in the southern Indian city of Bangalore, where it’s expected 1,000 engineers will be employed in three years to develop software for online marketplace and payment platform divisions. The proposed facility is the second software development center in India for…

Available Now: eBay App Update for iPad It’s a big leap from the previous version, in that it’s a complete design overhaul, but the updated eBay for iPad app introduces a number of new features, most of which were suggested by users. The main attraction in the new and improved app may be the Retina-optimized…

eBay Q1 Earnings On Wednesday, eBay Inc reported quarterly sales and profit grew more than expected and raised its 2012 forecasts, citing growth in the e-commerce company’s Marketplaces and PayPal businesses. ebay’s stock rose 6.9 percent to $38.35 in extended trading, after hitting $38.83 – the highest level since late 2007. During the first quarter,…

David Marcus Becomes President of PayPal David Marcus, PayPal’s vice president of mobile, is succeeding Scott Thompson to take the role of President at PayPal. Marcus’ leadership will help PayPal continue to expand its mobile reach and reach new territory. eBay president and CEO, John Donahoe said, “David has made his mark since joining PayPal…

eBay Inc. Reports Strong Q4 Results eBay reported its net income grew sharply in the fourth quarter, increasing 35% to $3.4 billion, compared to the same period of 2010. Results beat analyst’s expectations, boosted by strong holiday sales and growth at PayPal. eBay gave a first-quarter outlook that was shy of analysts’ estimates, however its…

eBay CEO Predicts Big Numbers for eBay and PayPal in 2012 The Consumer Electronic Show was a hotbed for announcements this week. eBay’s CEO John Donahoe announced that PayPal is projecting that they will see $7 billion in mobile payment volume in 2012. And while the shift to mobile is increasingly going to become the…

eBay Opens Pop Up Store in UK Earlier this month, eBay UK launched its first-ever pop-up shop in London. The eBay Christmas Boutique attracted more than 2,500 shoppers that browsed over 350 items provided by top-rated eBay sellers. In UK’s first QR code shopping emporium, shoppers were able to scan a barcode and buy products…

PayPal Access Now Available to Magento Go Merchants Merchants using Magento Go for their online stores can now take advantage of the log-in system, PayPal Access. By using this method, merchants can dramatically increase their conversion rate by lowering the barrier of entry for customers. This service is expected to let consumers share data about…

eBay to Open Shop in UK eBay will be opening a pop up shop in London from December 1 to December 5, the busiest time of year for online shopping. Although there will be no over the counter purchases, customers will be able to browse items and scan adjoining QR codes that will direct them…