Advertisement

PayPal to Unveil Micropayments Product at Annual Developers Conference

Oct. 14, 2010

PayPal, which announced in August that it is planning a product to enable consumers to make online micropayments without using payment cards (CNP Report Aug. 23, 2010), confirmed in published reports last week that it will formally launch the product at its annual developer’s conference, which begins on Oct. 26 in San Francisco. The company said it will also announce at that time its partners, mostly online game publishers, that will help implement the “digital goods optimized product.” In August, PayPal CEO Scott Thompson said the product is designed to enable merchants to accept many small transactions within an online experience, which would be cost prohibitive if the user was paying with a credit or debit card.



Advertisement


  • Samsung Launches Samsung Pay - March 5, 2015
    Samsung Launches Samsung Pay

    Samsung this week launched its in-store mobile payment solution that looks and sounds a lot like Apple Pay, but its inclusion of technology from its new acquisition LoopPay may give it the edge in the short term.

  • Report: West Virginia Hospitable for CNP Fraudsters - March 2, 2015
    Report: West Virginia Hospitable 

for CNP Fraudsters

    In a state-by-state comparison in the U.S., a new report found West Virginia topped the list for the highest percentage of residents who had been victimized by fraud and for the state with the most fake IP addresses used by fraudsters to perpetrate card-not-present fraud.

  • Uber Confirms Driver Database Hacked - March 2, 2015
    Uber Confirms Driver Database Hacked

    On Friday, Uber acknowledged a data security breach that affected 50,000 of its drivers and said in it had become aware of the breach in September of 2014 and that the intrusion itself occurred on May 13, 2014.

  • ACI to Keep and Develop ReD Shield - Feb. 5, 2015
    ACI to Keep and Develop ReD Shield

    Florida-based processor ACI Worldwide this week said it has "confirmed its commitment" to the continuing development of the antifraud technology it inherited in its August acquisition of software provider ReD.

  • Cook: 2015 'Year of Apple Pay' - Feb. 2, 2015
    Cook: 2015 ‘Year of Apple Pay’

    Apple CEO Tim Cook said Apple Pay now accounts for more than two thirds of all dollars spent on in-store contactless payments across the three biggest U.S. card networks and called 2015 "the year of Apple Pay

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