Archive for the 'PayPal' Category

Irish Jobs

Wednesday, March 15th, 2006

An article from Ireland’s Radio Telefís Éireann (RTE) about the recent announcement to add 300 jobs to eBay/PayPal’s Dublin facility.

Gbuy - The Google Wallet

Monday, February 6th, 2006

The Google Wallet product that everyone has been talking about over the past year will apparently be called “Gbuy”. Here’s a Wall Street Journal article discussing the product and how PayPal is viewing the threat from Google.

Too much of a good thing?

Tuesday, January 31st, 2006

When PayPal begins to sell Verisign’s Payflow Pro and Payflow Link products sometime this Spring, they’re going to face some interesting challenges. It’s hard enough to effectively communicate the difference between PayPal’s Website Payments Pro product, and PayPal Standard. Come Spring, if PayPal plans to offer the two Verisign products side by side with the […]

Look out PayPal, here comes Paychest

Thursday, January 5th, 2006

An entity called MLON Ventures is acquiring a 60% stake in Paychest, the self-proclaimed “one of a kind 3rd party payment system”. If you’re not familiar with Paychest, you can review the product functionality they plan to offer, as well as their business strategy for competing with PayPal, on this impressive website.
Read the full […]

Fun with pricing

Thursday, December 29th, 2005

Yesterday, while our team was working on a pricing model for a new product we’re developing, I found myself dreaming of split payments again. If you have ever read this blog, you’re probably aware I am a big proponent of split payments, and think PayPal would benefit a great deal by providing this functionality. […]

When PayPal becomes the back office, too

Sunday, December 18th, 2005

An article from today’s New York Times about how SMB’s are using PayPal to handle their invoicing and online billing needs.

PayPal’s other competitor on Craigslist

Wednesday, December 14th, 2005

I’m no Luddite, but I still think PayPal’s biggest competitor on Craigslist is cash. Receiving checks from strangers is too risky and PayPal does not elegantly support offline transactions. Apparently, the team at Text Pay Me made a similar observation, but they are hoping sms-based mobile payments could be the wave of the future. […]

Split Payments Defined (part two)

Monday, December 12th, 2005

The concept of split payments is kind of like cc-ing someone in an email, but with a payment. Unlike being copied on an email that allows everyone to view the entire email, a split payment is divided into parts with no single recepient ever receiving the whole thing. The receiving fees due to PayPal would […]

Split Payments (part one)

Friday, December 9th, 2005

A letter to all entrepreneurs with the following interests/aspirations: Web 2.0, payment systems, saving money, executing quickly and being successful.
Dear entrepreneurs,
Please take two minutes out of your caffeine-fueled workdays to consider the following facts:
Fact: Building a payment system that’s similar to PayPal from scratch—even if on a much smaller scale and with only a handful […]

PayPal Wars are “Cool”

Wednesday, December 7th, 2005

Tom Peters has recently interviewed Eric Jackson, author of The PayPal Wars for his “Cool Friends” web column.
Having had the good fortune to work with Eric at PayPal, I agree with Mr. Peters. Eric is a cool guy and a consummate entrepreneur.