Advertisement

PayPal Expands Coinstar Experiment 

March 4, 2013

PayPal recently announced it is expanding a program tested in Dallas last year that enables shoppers to fund their PayPal accounts with cash and coin or withdraw cash from their accounts at select Coinstar kiosks. Users also can send funds to another PayPal account using the kiosks. Sometime this month, consumers in Texas, Northern California and Ohio will have access to the service.

“During the initial test of the new service in Dallas we saw quick adoption and interest from consumers,” said Dan Schatt, head of financial innovations for PayPal. “Test results revealed that 40 percent of users who used the PayPal feature went back to use PayPal on a Coinstar kiosk an average of two times a month.”


  • Alibaba Threatening Main Street? - Dec. 18, 2014
    Alibaba Threatening Main Street?

    The Alliance for Main Street Fairness (StandWithMainStreet.com) has produced a television ad warning that, after its enormous IPO, Chinese e-commerce company Alibaba.com will take advantage of current tax law to "decimate local retailers."


Advertisement


  • Report: CNP Merchants Beware of Fraud-Filled November - Nov. 3, 2014
    Report: CNP Merchants Beware of Fraud-Filled NovemberHeading into the holiday shopping season, Feedzai, an antifraud technology provider that uses machine learning to analyze payment transactions in real time, recently released some interesting statistics pertaining to card-not-present fraud culled from its merchant clients over the past year... November as the biggest month for CNP fraud.
  • Yoyo Chooses BlueSnap Gateway - Nov. 3, 2014

    Yoyo Chooses BlueSnap GatewayWaltham Mass.-based BlueSnap today revealed that British mobile marketing and payments platform provider Yoyo has selected its gateway for cross-border online and mobile transactions.

Advertisement

 

 

Sign Up Today Free

Receive the twice weekly CNP Report and monthly feature articles providing in-depth examinations of global CNP issues.

Please take a moment and register.
* First Name:

* Last Name:

* Password:

* Confirm Pwd:

* Email:

* Category:

Company:

 
Captcha
Answer:

 

 

CNP Archive

Researching companies or people in the CNP industry? Search our past coverage for targeted news and information.

Search here