Paypal has predicted the next phase the future of payments will be driven by the innovation at the point of sale.
Low levels of digital literacy still exists amongst Australian small to medium sized enterprises, which is preventing them from running their business more efficiently, research from Paypal Australia found.
To help further drive convenience in retailing for both consumers and retailers, PayPal has launched PayPal Beacon, a technology that lets consumers pay with their smartphones hands-free.
More changes to the electronic payment market have been introduced.
Mobile transactions are increasing daily as it gets closer to Christmas, according to PayPal Australia.
Consumers are being urged to protect their digital wallets with new research from and the Centre for Internet Safety revealing two thirds are more careful with their ATM or credit card PIN than with their online passwords.
The Co-Op Bookshop has enlisted PayPal to help improve its QR code virtual window shop service.
Those who are quickest to get their business online were more likely to have increased revenue and staff, according to preliminary results of a Roy Morgan study commissioned by PayPal Australia.
Despite an increasing number of Australians using their smartphones to shop and pay bills, many do not protect the information on their mobiles.
To help retailers embrace their multichannel strategies, PayPal has continued its expansion into the offline world, including signing 15 national deals with US retailers to bring its offline payment and shopping solutions to the stores.
After several months of searching, PayPal has appointed Jeff Clementz as the new managing director of PayPal Australia.
PayPal Australia has launched PayPal Here, a smartphone application and accessory that turns a mobile phone into a payment acceptance device.
Australia’s online commerce has slowed down slightly to a growth rate of 7 per cent year-on-year, which will eventually see it hit the forecasted figure of $34.8 billion by 2013, according to PayPal Australia.
Nearly 80 per cent of consumers admit to making online purchases at work and almost two thirds are planning to use office hours to search online for Christmas gift, according to a PayPal Australia survey.
Frerk-Malte Feller has announced his resignation from his position as managing director of PayPal Australia.
MYOB has partnered with PayPal Australia to offer a new e-commerce-in-a-box solution that will allow small business to establish a web presence and begin accepting online payments within an hour.
PayPal's Secure Insight: Changing the Way We Pay report indicates that online commerce is expected to reach $37.7 billion 2013.
New figures show that there are a growing number of consumers using their mobiles to make payments with PayPal Australia reporting that it's currently processing over 1,000 transactions an hour.
Research from PayPal and the Centre for Internet Safety at the University of Canberra shows that 90 per cent of regular users are confident they wonâ€™t fall victim to cybercrimes.
Online payment system PayPal has racked up 100 million active accounts worldwide.
Rural and regional retailers will get the support they need to make their business successful on the internet when the Driving Business Online road show travels New South Wales over the next four months.
The secure payment channel said the fashion sector is now PayPal Australia’s second largest eCommerce category, behind electronics.
A Nielsen survey commissioned by PayPal has found that the growth of smart phones is fuelling mobile commerce, which saw the total amount of mobile transactions reach $155 million in 2010.
PayPal and Crime Stoppers have partnered up to educate online shoppers about how to stay safe when conducting transactions online.
While bricks and mortar retailers continue to predict poor Christmas sales, PayPal indicates that 2010 will be the biggest Christmas yet for Australian online retailers.
PayPal has announced that it is expanding its buyer protection for online shoppers when they make a purchase with retailers that accept PayPal internationally.
The study, which was carried out in conjunction with Forrester Research and The Leading Edge, also showed that while there’s a surge in overseas online shopping, domestically eCommerce is also growing rapidly.
Already offering mobile apps for iPhone, Android and Blackberry, PayPal has announced the availability of the Mobile Express Checkout, a two-click checkout experience allowing customers to opt-in and remain logged in across apps.