pay

eBay sets ambitious goal for 2015: $300B in transactions

E-commerce site eBay looks to be moving into high gear.

CEO John Donahoe announced today that by 2015, he expects the company to be handling $300 billion in transactions per year, according to The Wall Street Journal, nearly twice what it did in 2012. That means, for 2015, between $21.5 billion and $23.5 billion in revenue from both eBay and its payments processing unit PayPal. In 2012, the company earned $14 billion in revenue.

According to the Journal, the company also plans to double the number of active users on its site over the next two years -- … Read more

Intel closing in on pay-TV service, company reports

Bloomberg posted an interesting tidbit this afternoon, suggesting that Intel is negotiating with a clutch of content providers in connection with a planned online pay-TV service. Given how we're talking about Intel -- yes, that Intel, chip king extraordinaire -- this would make for quite the headline, should it come to pass. Apparently, the sides have reached general agreement on the contours of the proposed service; although, some details remain unresolved.

The content suppliers named in the piece include Time Warner, NBC Universal, and Viacom. Sources tell Bloomberg that Intel is also about to open talks with News Corp., … Read more

Visa chief: Fee on digital wallets seems 'appropriate'

Digital wallet operators, like Google, PayPal, and others, should be charged a fee for offering such a service, according to Visa CEO Charlie Scharf.

Speaking at the Barclays Emerging Payments Forum yesterday, Scharf said "it is totally appropriate" for credit card companies to charge digital wallet operators a fee on all transactions, according to Reuters, which was in attendance.

Scharf's comments come after eBay revealed in a February regulatory filing that MasterCard was planning to charge it a fee for its digital wallet service starting in June. The actual amount PayPal pays isn't expected to be … Read more

PayWindow 2012 Payroll Systems takes some of the pain out of payroll time

We've tried quite a few payroll programs over time, and they tend to share certain features, such as a database of company, employee, financial, and tax information that greatly simplifies the process of creating payrolls and reports. PayWindow 2012 Payroll System is a fine example of the type. Once you've populated its database with the facts it needs, doing the payroll becomes a matter of a few clicks, not hours of calculations. PayWindow 2012 (build 10) is free to try for 30 days and costs $89.95 to register.

It's probably safe to say that business owners … Read more

Manage payrolls and more with Payroll Mate 2013

Small and medium-size businesses do all kinds of different things, but one thing they have in common is they're in business. Something else they have in common is payrolls. Meeting them, managing them, recording them -- no wonder so many business owners and accountants always seem worried! It's a lot of responsibility. Payroll Mate 2013 from Real Business Solutions can help. It handles just about every part of the payroll process except providing the actual pay (sorry -- that one's still yours!) for a reasonable price. It can prepare payrolls, calculate taxes and withholding, print paychecks, create … Read more

PayPal co-founder Levchin launches e-commerce startup

PayPal co-founder Max Levchin is bringing his e-commerce business smarts to a mobile-payments startup he's launching called Affirm, according to AllThingsD.

What's different about Affirm from other mobile-payment companies, like Square and Stripe, is that it's goal is to make payments happen with as few clicks as possible -- similar to how buying something on a desktop computer works.

"We are trying to get as close as possible to one-click, which has always been the case on the desktop," Levchin told AllThingsD. "In mobile, it has become an imperative to be able to buy … Read more

Countdown begins for Galaxy S4 reveal

Monday's CNET Update does it with stylus:

The mother of all mobile trade shows, Mobile World Congress, kicked off in Barcelona. Today's video roundup highlights the buzz over Samsung, WebOS and a new way to talk to your phone:

- Samsung will unveil the Galaxy S4 on March 14

- Visa's mobile payment program will be built into the Galaxy S4

- More on MasterCard's mobile payment plan, MasterPass

- First impressions of the Galaxy Note 8 tablet

- Samsung HomeSync to rival Apple TV

- WebOS lives in future LG smart TVs

- HP tries tablets again with the Slate 7 … Read more

PayPal readies launch of mobile payments system in Europe

PayPal unveiled new hardware today that will allow it to take its in-person mobile payment system to Europe, expanding the lead it has in the international market on rival Square.

PayPal Here, which launched last March in the U.S., Canada, Australia, and Hong Kong, will debut in the U.K. this summer for its first foray into the European market. The eBay-owned payments processor plans to eventually offer the service to other countries on the continent.

About the size of a smartphone, the payments processor's new gadget will accept credit and debit cards under the Chip and PIN … Read more

Girl Scouts: No brownie points for PayPal-using cookie seller

I am always suspicious when people say they care.

Somehow, my first reaction is: "How much?"

So I feel more than a pang of sympathy for 11-year-old Emma Vermaak.

She is not the only 11-year-old to like One Direction. However, she might be the first 11-year-old who thought to use modern methods to raise money as part of the Girl Scouts' "I Care" program so troops overseas could enjoy Girl Scout cookies.

Inspired in her quest, she thought it might be an idea to use PayPal. This system is not revolutionary. It feels like it's been around since Jimmy Carter's time. Yet the Girl Scouts organization seems not to be quite a pal of it.… Read more