PayPal sent out an email about some upcoming changes, one that might affect some is an increase in the fee PayPal Balance account or their PayPal personal account to their eligible linked bank account or debit card using the Instant Transfer option. You can read the amendments below: Amendments to the PayPal User Agreement and the PayPal Balance Terms and Conditions Effective June 17, … [Read more...]
PayPal gives some insight on crypto rollout and integration
PayPal has been in the news within the domaining community due to it's banning of Epik and Namebio, reported earnings yesterday. PayPal reported revenues of $5.46 billion and adjusted earnings per share of $1.07 in the third quarter of 2020. Both were ahead of analyst expectations of $5.43 billion and $0.94, respectively. TechCrunch detailed how the company plans to roll out it's … [Read more...]
PayPal terminates it’s relationship with Epik
It looks like PayPal has stopped doing business with domain name registrar Epik. A member at Namepros noticed they could not use PayPal and thought it was a glitch. Rob Davis replied writing a series of letters that are very well written addressing Paypal executives. You can follow this link and read all the correspondence Epik has sent out to the company. This decision by PayPal just … [Read more...]
Buying and Selling Crypto with PayPal?
It looks like you soon will be able to buy and sell cryptocurrencies through PayPal and Venmo. CoinDesk published an article highlighting the plans that came from sources. PayPal declined comment. “My understanding is that they are going to allow buys and sells of crypto directly from PayPal and Venmo,” a well-placed industry source told CoinDesk. “They are going to have some sort of a … [Read more...]
PayPal coming to China through acquisition
Doing business with Chinese domainers by way of PayPal should be coming soon. PayPal is coming to China it looks like. TechCrunch reported that through an acquisition of Go Pay Ltd, PayPal will become the first foreign payment platform to provide service in China. The market is expected to grow to on the mobile payments side alone to $96.73 trillion in 2023, driven partly by increasing demand … [Read more...]
PayPal Is Getting Some Competition As Zelle Launches Through Major Banks
Paypal is about to get some competition as a new service called Zelle has teamed up with several national banks including Bank of America, Capital One, BB&T, Chase, Citi, TD Bank, Sun Trust and US Bank to name a few. According to its site which is located at the domain name ZellePay.com, its "the new, easy way to send money in minutes directly between U.S. bank accounts — right from your … [Read more...]
Namepros member gives info on Paypal chargeback glitch
Namepros member FPForum alerted the community about glitch at Paypal that made him think he was losing a Paypal dispute. The thing that had him puzzled was the domain transaction took place 11 months ago. Luckily for him he was refunded, Here is the story he told on Namepros: I had the strangest thing happen yesterday and wanted to make everyone aware in case the same happens to you. … [Read more...]