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Auction site eBay has added NFC tags that enable buyers to authenticate their purchases with a tap of their smartphone to 1.5m pairs of sneakers worldwide since adding sneakers to the products eligible for its Authenticity Guarantee service in 2021... More
UK consumers who purchase pre-owned luxury watches from online auction site eBay can now authenticate their purchase via an NFC chip embedded in a certification card issued with the watch... More
eBay to begin rolling out Apple Pay acceptance on its Marketplace platform this fall — eBay — “Earlier this year, eBay announced it will manage the end-to-end payments flow on its platform to further simplify and improve the buying and selling experience. The company is on track to start managing payments on a limited scale in the US early this fall, at which time buyers will be able to use Apple Pay to purchase items from sellers participating in the initial phase of the new payments experience.”
eBay to intermediate payments on its Marketplace platform — eBay — “eBay intends to further improve its customer experience by intermediating payments on its Marketplace platform. In doing so, eBay will manage the payments flow, simplifying the end-to-end experience for buyers and sellers… eBay will move as quickly as possible to complete this process within the parameters of the operating agreement with PayPal, which remains in place through mid-2020.”
US consumers who make their first purchase using Samsung Pay on a Galaxy S7 or S7 Edge device this month are being offered a gift card worth US$30 from one of five selected Samsung Pay merchants — Best Buy, eBay, Whole Foods, Nike or Regal Cinema. More
Samsung Pay has added support for gift cards in the US, letting users store, pay with and share gift cards through the mobile payments service... More
Ebay’s board of directors has approved the completion of the separation of eBay and PayPal into two independent publicly traded companies... More
Online payments giant PayPal has revealed it is again testing NFC, though the company’s president has made clear that he’d like the company’s platform to be technology agnostic and he doesn’t see the long-term success of NFC as assured... More
eBay will be prevented from setting up its own payments company when it spins off PayPal to operate as a standalone business later this year, an SEC filing has revealed... More
The team working on PayPal’s move into in-store payments has been among the hardest hit by layoffs across parent Ebay Inc’s three divisions, Re/code reports, adding that “PayPal’s in-store initiatives, which includes mobile payments and a credit card reader called PayPal Here, have largely been viewed as big disappointments inside the company”... More
Three in four online buyers (76%) are dissatisfied with the strength of credit card and personal information security among retailers with some 72% of respondents saying they trust their own bank the most with credit card data and personally identifiable information, US research from Bizrate Insights reveals... More
Almost one in two (47%) UK consumers are interested in mobile payments, research from Oxygen8 has found, with 11% saying they would like to use their mobile phone only, replacing the use of credit and debit cards altogether... More
“We want PayPal to be present whenever and wherever consumers want to pay so if that means being in other wallets, if that means being in any existing or other new ecosystems where payment occurs, our desire is to be a payments platform that can enable payments in any of those environments,” says eBay’s CEO. More
eBay Inc is to be split into two separate publicly traded companies in 2015, the company has announced — and Dan Schulman, president of American Express’ enterprise growth group, has been hired as the new president of PayPal as well as CEO-designee post-spin off... More
eBay is considering a spinoff of its payments service PayPal as early as next year, Reuters reports, but details of the move and what structure it could take remain unclear... More
PayPal’s total payment volume (TPV) grew 29% with merchant services volume up 35% and on-eBay volume up 13% during the quarter to end June 2014, parent eBay has reported... More
PayPal CEO David Marcus is leaving the online payments provider at the end of June to take up a new role at Facebook, as vice president of messaging products — prompting speculation that he will oversee building ecommerce and payments capabilities into the social network... More
Australia’s Heritage Bank has unveiled prototypes of a suit that comes with an embedded NFC chip and antenna to allow its wearer to make NFC payments at contactless POS terminals by simply swiping their sleeve... More
eBay has rolled out an NFC advertising campaign in 60 premium coffee shops across the UK to promote the online shopping site’s home and garden, DIY and technology sections... More
The latest version of the eBay Mobile app for Android includes support for NFC... More