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PayPal is looking to extend its brand across the Solar System (Image: Digitally-altered fr...

PayPal has teamed with the SETI Institute and the Space Tourism Society to start preparations for the coming upheavals of Solar System commerce. Having whetted their teeth on global commerce, PayPal is looking forward to the challenge of figuring out how to let John or Jill check their balance when they are living on Mars or visiting the Orbital Technologies commercial space station. It's answer is PayPal Galactic.  Read More

LG has integrated PayPal into its Smart TV platform

LG is making it easier for people to part with their cash from the comfort of their couches with the integration of PayPal into its Smart TV platform. The move is a first for a TV manufacturer and will allow viewers to purchase products, apps and games directly through the TV using the popular digital payment system.  Read More

PayPal has introduced its new Here cardreader system for smartphones

The profusion of apps for smartphones certainly seems to know no bounds, and while NFC based payment seems set to become the dominant form of cashless transaction, smartphone peripherals that allow users to swipe credit and debit cards still have a role to play. The most notable of these devices is Jack Dorsey's Square system and now, online payment giant Paypal has flexed its appreciable muscle and entered the fray with its new, triangular "Here" card reader, due initially for a limited release.  Read More

Paypal founder Peter Thiel is investing in a project that hopes to create floating cities ...

When creating new companies has become passé, why not start creating countries? So is the case for Paypal co-founder and billionaire Peter Thiel, who is currently the Seasteading Institute's "most generous funder." His support constitutes a bold move towards creating floating autonomous states. The initiative is inspired by the idea of creating cities that are free from political agendas and social construction. These "floating cities will allow the next generation of pioneers to peacefully test new ideas for government," says the Seasteading Institute. "The most successful can then inspire change in governments around the world."  Read More

This is what happens when you try to use the ABC app outside the US

If you're outside the US, and have just paid an exorbitant amount of money to an eBay reseller (or a shipping company) to get your iPad, you've probably realized by now that there's a few hoops for you to jump through before you can start using it to its fullest. Read on to find out just how easy it is to get access to the App Store, iBooks and US-only apps like ABC and Pandora.  Read More

Some iPhone screen grabs which show how PayPal Send Money 2.0 app keeps you solvent

If you have a PayPal account and an iPhone, chances are you’ll never again be caught short of money when you’re out and about. PayPal has released version 2.0 of its Send Money application for iPhone, which means account-holders now have even fewer reasons to carry cold, hard cash around with them. Three nifty features in the free app are Bump, where iPhone users physically bump phones to “magically” transfer money from one account to the next, a Split Check calculator and the Collect Money function, which politely prompts debtors to pay up.  Read More

The PayPal Plus Credit Card

June 12, 2006 The points of contact where the real world meets the virtual world are somewhat akin to the fabled end of the rainbow and eBay’s grand plan for ownership of a sizeable slab of the pot-of-gold became a little clearer last week when subsidiary PayPal introduced the PayPal Plus Credit Card - a MasterCard that can be used both online and anywhere that MasterCard is accepted offline. It seems like the eBay global garage sale has truly assembled a dream team of online properties on the back of its growth to become the world’s largest online marketplace. Last quarter, eBay traded US$10 billion worth of goods and Paypal was already the most preferred electronic payment method among eBay users before it was acquired in October, 2002. PayPal now has 100 million account holders and eBay has 200 million users (up from 147 million a year ago) and the recently acquired Skype VOIP communications company has 100 million users, so we forsee a healthy future for PayPal Plus. Not surprisingly, there’s a generous rewards program that applies to all online or offline purchases and just to ensure things get going with some immediate impetus, cardholders can take advantage of a special introductory offer – 0% APR on purchases and balance transfers until 2007. This limited-time offer is good through August 31, 2006, and will automatically appear on eBay items over US$50 as long as sellers accept PayPal and have not opted out of displaying PayPal Buyer Credit messages on their listings.  Read More

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