[ad_1] I should know: It happened to me this weekend. I was able to resolve it easily enough but, being a reporter by training, decided to put on my journalist hat and try to understand why this is happening, or at least what PayPal is doing about it. For starters, a basic search of Twitter […]
Category: paypal
PayPal and Venmo touch-free payments are coming to CVS Pharmacies
[ad_1] CVS pharmacies will soon let you do touch-free payments using your PayPal or Venmo accounts by using PayPal’s QR code payment system, PayPal has announced. The system will let shoppers “securely pay for their items without needing to touch a keypad or sign a receipt,” according to PayPal. PayPal supports various means of payment, […]
Nintendo says 140,000 more NNID accounts have been illegally accessed
[ad_1] Nintendo shut down NNID logins back in April after it discovered hackers had compromised some 160,000 accounts using legacy credentials. Now, the company says that figure was more like 300,000. In a Japanese language statement posted today, Nintendo says that in continuing the investigation, it found “approximately 140,000 additional NNIDs that may have been […]
Nintendo blocks legacy logins after 160,000 accounts were compromised
[ad_1] It appears that hackers have taken advantage of vulnerabilities surrounding legacy accounts. Before the current account system for Switch and other newer devices was introduced, the company used Nintendo Network ID (also known as NNID) for platforms such as the Wii U and 3DS. These accounts were set up using original screen keyboards, which […]
Amazon calls PayPal’s $4 billion Honey browser add-on a ‘security risk’
[ad_1] In the warning it showed to buyers, Amazon wrote: “Honey tracks your private shopping behavior, collects data like your order history and items saved, and can read or change any of your data on any website you visit.” Politico’s Ryan Hutchins tweeted a screenshot of the warning and noted that that’s “how all browser […]
PayPal sues US regulator over “confusing” prepaid card rules
[ad_1] The issue is that most PayPal users link their credit cards to their accounts to facilitate payments, in what the industry describes as a digital wallet. However, users can also store money in their PayPal account, which regulators say makes the accounts similar to prepaid credit cards. PayPal complains that regulations from the CFPB […]
PayPal buys money-saving service Honey for $4 billion
[ad_1] That’s because PayPal has snapped up Honey, the popular money-saving service, in a deal worth $4 billion. It’s PayPal’s biggest ever acquisition and will see both companies attempt to further “simplify and personalize shopping experiences for consumers,” while helping more than 30,000 retailers get those customers through their online checkouts. Over 17 million people […]
Major credit card companies launch a one-click checkout button
[ad_1] To start, the new button is available on the Cinemark, Movember and Rakuten websites, but you’ll find it on BassPro, JoAnn Fabric, Papa John’s, Saks Fifth Avenue, SHOP.com and Tickets.com by the end of the year. It should become more ubiquitous in 2020. The credit card companies hope to create a consistent, simple user […]
eBay and Stripe pull out of Facebook’s Libra cryptocurrency
[ad_1] “We highly respect the vision of the Libra Association; however, eBay has made the decision to not move forward as a founding member,” eBay said in a statement. “At this time, we are focused on rolling out eBay’s managed payments experience for our customers.” “Stripe is supportive of projects that aim to make online […]
Facebook’s Libra cryptocurrency loses backing from PayPal
[ad_1] A few days after the Wall Street Journal suggested that some companies announced as initial backers for Facebook’s cyptocurrency were reconsidering support, PayPal has announced it will end its participation in the Libra Association. Founding members invest $10 million to fund the association, and as CNBC notes, it’s unclear what happens to that money […]