901am

New Media News Every Morning

eBay and PayPal increase protection for buyers and sellers

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ebay.jpgeBay wants you to feel secured shopping and wants you to do it using PayPal. The online auction company announced improved protections for buyers and sellers on eBay.com.

For the first time, buyers who pay with PayPal will be protected on eligible transactions for 100 percent of an item’s purchase price, with no cap on coverage. In addition, all U.S. eBay sellers will receive improved seller protection for eligible transactions when they get paid with PayPal.

Originally posted on June 20, 2008 @ 9:41 am

Transfer Money to Friends With Facebook

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With too many Facebook applications to name, it’s hard to keep afloat with the latest and greatest.

UK-based Moneybookers (Paypal competitor) will offer their customers and Facebook users the ability to use an app to transfer money to and fro. Billed as a “social fundraising” application, the project is currently in beta mode, expected to be released to the general public some time in June.

Moneybookers currently has 4.6 million customers, and will likely see that number head north with the new app. The site requires identity verification before using their service to minimize fraud and prevent money laundering. Their fee structure is comparable to Paypal’s.

I’m all for charity, but let’s hope this doesn’t turn into another vehicle for bloggers to beg for ‘donations’ they don’t need (or deserve).

Will you roll the dice on completing a financial transaction within the Facebook framework?

Originally posted on May 16, 2008 @ 2:48 pm

JetBlue adds PayPal option in booking flights

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JetBlue Airways Corporation announced that customers booking at www.JetBlue.com now have the option to purchase flights using PayPal.

With more than 57 million active accounts, PayPal provides a safer, easier way to pay for items and services online. With PayPal, JetBlue customers can now pay for travel through debit cards, bank accounts, stored balance, or credit cards without sharing their financial information.

Originally posted on April 3, 2008 @ 1:36 pm

PayPal launches Storefront Widget

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Online payment company PayPal has released Storefront Widget, enabling its members to set up virtual stores in any websites using HTML code like blogs and social networking sites.

By seamlessly integrating e-commerce platform, PayPal users can easily setup their own store, promote, and sell any items outside their websites. Ideally, this widget can get additional traffic and boost sales of many merchants.

Some of the features I find quite useful are the following:

Storefront display – Sellers can display thumbnail images of all of the items for sale through the storefront widget. When a buyer hovers over an item with the mouse, an enlarged view of the item is shown.

“Sold Out” items –When an item is sold out, sellers can define whether the item is suppressed in the storefront or appears with the “sold out” label.

In terms of integration, PayPal has already made some arrangements with TypePad to automatically insert the widget in the blog with just one click. Though setting up this widget requires a simple copy-paste command.

While its blog claims this widget can be integrated to MySpace, the official Storefront site states it is not currently available for this social network.

Additional limitation is its inability to process payment in U.S. dollars only. This something I believe requires a trivial tweaking in the system.

Via PayPalblog

Originally posted on December 6, 2007 @ 11:41 am

PayPal now accepted in US Airways

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901am.comUS Airways welcomes online payment system PayPal as a new alternative for customers wishing to purchase tickets through its official website.

With a PayPal account, US Airways customers can choose from several different payment options to fund transactions, including credit card, bank account and PayPal account balance.

There are no additional fees for using PayPal on usairways.com. For more information, or to sign up for a PayPal account, visit usairways.com/paypal.

“An important part of our ongoing project to rebuild usairways.com is to provide our customers with the payment options they’ve asked for, including the ability to pay via PayPal,” said US Airways Sales and Marketing Vice President Travis Christ.

Originally posted on October 16, 2007 @ 11:23 am