Alistair's Feed
Mar 25, 2013

Wall Street worries about PayPal’s real-world expansion

SAN FRANCISCO (Reuters) – Wall Street is having second thoughts about following PayPal from its online roots into the physical world.

PayPal, a leader online, launched a push in 2011 to become a payment option in brick-and-mortar stores. The move increases PayPal’s potential market by a factor of at least 10, and has been a big driver of the shares of owner eBay Inc, which surged 68 percent in 2012.

Mar 21, 2013

HBO CEO mulls teaming with broadband partners for HBO GO

SAN FRANCISCO, March 21 (Reuters) – HBO could widen access
to its HBO GO online streaming service by teaming up with
broadband Internet providers for customers who do not subscribe
to a cable TV service, according to HBO’s Chief Executive
Richard Plepler.

“Right now we have the right model,” Plepler told Reuters on
Wednesday evening at the Season 3 premiere of HBO’s hit TV show
“Game of Thrones.” “Maybe HBO GO, with our broadband partners,
could evolve.”

Mar 21, 2013

Visa has no plans for digital wallet fee at this point: executive

SAN FRANCISCO (Reuters) – Visa Inc has no plans to implement a “digital wallet” fee at this point, Jim McCarthy, global head of product at the payment network, said on Thursday.

The comment came amid concern Visa might follow MasterCard Inc’s recent move to impose a new fee on operators of digital wallets, such as PayPal, owned by eBay Inc.

Mar 21, 2013

Visa has no plans for digital wallet fee at this point -exec

SAN FRANCISCO, March 21 (Reuters) – Visa Inc has no
plans to implement a “digital wallet” fee at this point, Jim
McCarthy, global head of product at the payment network, said on
Thursday.

The comment came amid concern Visa might follow MasterCard
Inc’s recent move to impose a new fee on operators of
digital wallets, such as PayPal, owned by eBay Inc.

Mar 20, 2013

Visa CEO calls digital wallet fee on PayPal ‘appropriate’

SAN FRANCISCO, March 20 (Reuters) – Visa Inc Chief
Executive Charlie Scharf suggested on Wednesday that the payment
network may impose a fee on digital wallet operators like
PayPal, following rival MasterCard Inc.

MasterCard said earlier this year that it plans a new fee
for digital wallet operators starting in June.

Mar 19, 2013

EBay goes after Amazon with fee changes for sellers

SAN FRANCISCO, March 19 (Reuters) – EBay Inc said
on Tuesday it will overhaul fees for sellers on its online
marketplace, stepping up competition with Amazon.com Inc
.

EBay is scrapping its complex, tiered set of “final value
fees,” calculated as a percentage of an item’s sale price, and
introducing flat-rate fees based on product categories.

Mar 18, 2013

EBay hit as ‘gloves come off’ over PayPal digital wallet fee

SAN FRANCISCO, March 18 (Reuters) – EBay Inc shares
hit a new low for 2013 on Monday as concern mounted about the
impact of a new “digital wallet” fee on the company’s PayPal
business.

MasterCard Inc, one of the largest payment networks,
said earlier this year that it plans a new fee for digital
wallet operators like PayPal starting in June.

Mar 18, 2013

Analysis: Amazon’s sellers unhappy about fee hikes, eye rivals

SAN FRANCISCO (Reuters) – A brewing conflict between Amazon.com Inc and its merchants over fee hikes could benefit rival eBay Inc, and provide an opening for Wal-Mart Stores Inc and Google Inc, which are just getting into the space.

Amazon’s online bazaar generates margins many times higher than traditional retail as the company takes a cut of every sale on its site made by a merchant, known as a third-party seller, and charges extra fees for handling logistics.

Mar 18, 2013

Amazon’s sellers unhappy about fee hikes, eye rivals

SAN FRANCISCO, March 18 (Reuters) – A brewing conflict
between Amazon.com Inc (AMZN.O: Quote, Profile, Research) and its merchants over fee hikes
could benefit rival eBay Inc (EBAY.O: Quote, Profile, Research), and provide an opening
for Wal-Mart Stores Inc (WMT.N: Quote, Profile, Research) and Google Inc (GOOG.O: Quote, Profile, Research), which
are just getting into the space.

Amazon’s online bazaar generates margins many times higher
than traditional retail as the company takes a cut of every sale
on its site made by a merchant, known as a third-party seller,
and charges extra fees for handling logistics.

Mar 13, 2013
via MediaFile

PayPal’s mobile, physical retail efforts gain steam

PayPal efforts to process more mobile payments  – online and in the real world – are gaining steam.

Almost a year ago, the company unveiled PayPal Here, a small triangular device that plugs into smartphones to let small merchants accept credit and debit cards. The launch put PayPal in direct competition with start-up Square Inc and was a coming out party of sorts for David Marcus, the new president of PayPal.