Posts Tagged ‘PayPal’

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 [...]

Join Baratunde Thurston (left), The Onion’s Director of Digital and author of How to Be Black, for an entertaining look at creative social media campaigns in our Social Media Marketing Boot Camp starting February 16. Other speakers include Morin Oluwole (Facebook), Tim Devane (bitly), and SocialTimes' writer Devon Glenn.   Register now.

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 [...]

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…

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 [...]

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 [...]

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 [...]

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.

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.

In light of the number of attacks that WikiLeaks has undergone in the past week an organization known as Anonymous has begun Operation: Payback to bring retribution down on the companies that would, in their words, censor WikiLeaks’ information.

While major online financing services such as PayPal, MasterCard, and Visa have shut down their dealings with the embattled WikiLeaks, one microfinancing startup is still hanging on. Flattr, a micropayment startup created by Peter Sunde, co-founder of the infamous BitTorrent sharing site The Pirate Bay, still accepts donations on behalf of the document-leaking non-profit.

WikiLeaks, which has come under intense international pressure after publishing leaked U.S. diplomatic cables, has seen its most of its major funding sources dry up (the big ones are U.S.-based). PayPal, owned by online auction giant eBay, restricted WikiLeaks’ account on Saturday, saying the organization violated its policy on facilitating illegal activity. MasterCard began denying donations to WikiLeaks on Monday, followed by Visa a day later.

PostFinance, the financial arm of the Swiss postal system also shut down a bank account owned by WikiLeaks founder Julian Assange, who was using it to collect donations. Assange was arrested in London on unrelated criminal allegations Tuesday.

Sunde has been a public advocate for Assange and WikiLeaks. He has also proposed a peer-to-peer DNS system that would prevent domain name registrations from being revoked, as was done with the WikiLeaks.org domain.

His company Flattr, based in Sweden, allows users to vote on content they like, much like Digg or Condé Nast’s Reddit, except each vote is actually a micro amount of cash. Users pay a monthly donation to Flattr (minimum €2). At the end of the month, that fee is split between all the content providers that user has Flattr’d.

Sunde started Flattr in March along with Linus Olsson. WikiLeaks, which has experienced funding problems in 2009, was among its first financing partners, although any company can now sign up to accept Flattr payments. At the time, he told TechCrunch that Flattr was “prepared for the controversy.”