Posts Tagged ‘PayPal’

 Click here to receive the Morning Social Media Newsfeed via email.

Announcing the Facebook Antivirus Marketplace (Facebook Newsroom)
We’re announcing the Antivirus Marketplace, developed with industry partners to enhance protection for people on Facebook. AllFacebook The Antivirus Marketplace features free downloads and six-month licenses from Microsoft, McAfee, TrendMicro, Sophos and Symantec. GeekWire The social network says its URL blacklist — which aims to stop its users from accessing malicious sites from Facebook — will also now incorporate the databases of those companies. The Next Web To access the new protection tools, all you have to do is visit the Facebook Security Page and select from the options listed on the page. Read more

Click here to receive the Morning Social Media Newsfeed via email.

Star-struck Japan PM Befriends Facebook’s Zuckerberg (Reuters)
Japanese Prime Minister Yoshihiko Noda frequently entertains dignitaries from all over the world, but he was a touch star-struck on Thursday when he hosted a young billionaire with a whiff of celebrity: Facebook chief executive Mark Zuckerberg. As cabinet ministers filed through Noda’s residence for a late afternoon meeting, it was Zuckerberg who drew a fusillade of camera flashes from a hefty media contingent as he strode through the entrance like a movie star. ZDNet It is still not clear exactly what Zuckerberg’s visit to Japan will entail, but it is already appearing more business orientated than his holiday in China. AllFacebook The International Herald Tribune’s Rendezvous blog reported that Zuckerberg and girlfriend Priscilla Chan were spotted in Shanghai Tuesday, immediately fueling speculation that Facebook was making another attempt to gain a foothold in a market where access to the social network is severely restricted. Read more

PayPal, owned by eBay, is going head to head with Groupon and LivingSocial by unveiling a plan to offer coupons to its massive base of 103 million users.  With Groupon recently having gone public and hovering a little under it’s IPO price of $25 and holding a market cap of $15B, investors see the daily deals market as a potentially lucrative one.  So it’s no surprise that PayPal wants to get in the game.

Read more

How would you like to repay a friend using PayPal by just tapping phones? That’s what is possible using the the updated PayPal Mobile for Android app and if (this is a big “if”) you both use one of the few NFC (Near Field Communications) Android phones such as the Nexus S. Sending money by tapping phones is done using the new Request Money with NFC.
Read more

NFC (Near Field Communications) looked like it was on the verge of exploding at the beginning of 2011. Now, halfway through the year, we’ve barely heard anything substantive about it at all. Until now…
Read more

PayPal has announced that it is well on track to process $3 billion in mobile payments this year. The current number is a 50% increase on its previous projections according to which PayPal anticipated to rack in $2 billion in mobile revenues in 2011. In fall of 2010, PayPal projected that it will generate $1.5 billion in mobile revenues in 2011, a figure that it soon had to revise upwards to $2 billion.

Read more

What do you think is the most trusted brand for mobile payments? Would you have guessed PayPal?

PayPal is top brand for mobile payments: survey (Reuters)

In market research firm GfK’s survey, PayPal beat Visa, MasterCard and Apple. I found this puzzling since I do not use PayPal much. In fact, I have not been able to use it at all since my PayPal Security Key stopped working sometime in the past year or so.

Reuters mentions that NFC (Near Field Communications) may begin to shift mobile payments in the next few years. However, in the U.S., the once promising NFC groups that formed last year appear to be faltering. Reuters also notes that: In regions like western Europe and the United States, mobile payments are a harder sell because financial systems are well established and shopping in stores is already fairly convenient. This last factor may not be a blocking factor in the U.S., however. Starbucks Mobile payment app for the iPhone, for example is an extremely useful payment tool. It speeds up the transaction process and provides a new balance instantly. This is a huge incentive to use something other than a credit card or cash.

Discover Card partnered with PayPal to transfer money from a Discover Card account to a PayPal account.

Paying people just got easier! (Inside Discover.com)

This service can be used from a web browser or from the updated free Discover Mobile iPhone app.

Discover Mobile 2.0 (iTunes App Store)

The only information needed to transfer funds is the payee’s email address or mobile phone number. The person receiving the payment needs a valide PayPal account. The person sending money is not charged a fee. An individual receiving the money are not charged a fee either. However, business who receive payment through Money Messenger are charged a fee to accept the money. The person sending the money from their Discover Card account does not need a PayPal account. Those holding Business, Corporate and Titanium cards cannot use Money Messenger at this time.

Discover Card Money Messenger powered by PayPal (Product page)

Stream Media, a Singapore based mobile payment startup, has announced that it has successfully raised S$1 million in Series A funding from Stream Global and Sintel Innov8. Stream Media flagship product is MoVend, a global platform for mobile in-app transactions.

Read more

Philanthroper is doing to charity what Groupon did to the world of coupons. In other words, just like Groupon promotes group buying, Philanthroper promotes group donations. The Chicago based startup works with one charity each day, and try to motivate as many people to donate a single dollar to that charity, as they possibly could find.

Read more