amazon payments 2

Mobile payments: Retailers weigh cost of using Amazon’s system, even if price is right

Will book sellers, bike shop owners and electronics stores use Amazon as its payment provider if they are already worried about it stealing their business? Earlier today, Amazon rolled out a new mobile payments service that looks like a great deal. For an introductory period, lasting 16 months, Amazon will charge retailers 1.75 percent per transaction, and once that period ends, it… Read More


EBay’s Gautam Thakar named CEO of LivingSocial, replacing co-founder Tim O’Shaughnessy

LivingSocial has finally announced who will be replacing co-founder Tim O’Shaughessy as CEO, seven months after he announced that he would be stepping down. The Washington, D.C.-based daily deals company said today it has hired Gautam Thaker as CEO, reports Re/code. Previously, Thaker was general manager of eBay Advertising and CEO of eBay’s site. Thaker… Read More


eBay scales back same-day delivery plans, but denies report that it’s giving up

eBay is drastically scaling back its plans for same-day delivery, but says rumors that the service is shutting down are completely false. “It’s just not true,” said Christopher Payne, an SVP and head of eBay North America, in an interview with GeekWire. “We have no plans to shutdown our same-day delivery offering.” Payne says it will continue to focus on Chicago, Dallas, New York, and the… Read More

amazon payments

Amazon beefs up its payments platform to compete against PayPal, Stripe

Amazon quietly unveiled a new initiative today that will encourage more companies to use its payments platform for the check-out process. The new offering is subtle, but will allow it to compete more directly with PayPal, which acquired Chicago-based payments gateway Braintree late last year for $800 million. It’s a big business that Amazon has been meddling… Read More


Chart: As same-day shipping ramps up, retailers focus on free shipping

If same-day delivery is the future of retail, then the present is all about free shipping. Free shipping continues to gain in importance, hitting an all-time (non-holiday) high in the first quarter at 58 percent, according to ComScore. Free shipping in the fourth quarter, which is the busiest period for e-commerce, hit an even more impressive high at 67 percent. But… Read More


eBay suffers cyberattack, urges customers to change passwords as Target continues to reel from data breach

eBay is urging customers to change password information after a cyberattack allowed unauthorized access to names, email addresses, physical addresses, phone numbers and dates of birth. The attack also compromised a “small number of employee log-in credentials,” meaning the cyber attackers gained access to the corporate network. An eBay spokesperson told Reuters that there may be… Read More

eBay's new iPad homescreen

eBay refreshes mobile apps and homepage to tell stories, create community

EBay is rolling out of a mobile update and is refreshing one of its online experiences today in hopes of creating a customer experience it describes as hunting for treasure and being part of a connected commerce community. For frequent eBay users, the updates may appear minor, but the language being used by eBay’s President Devin Wenig hints at where… Read More


Icahn now in favor of eBay having partial custody of PayPal

Let the custody battles begin. Shareholder activist Carl Icahn reversed course today, saying he no longer supported the idea that PayPal be completely spun off from eBay. Since January, Icahn has been pressuring the online retailer and payments company to sell its fast-growing payments business, and has been critical of how well the company’s board has… Read More

Marc Andreessen (Photo via Wikipedia)

EBay Issues ‘The Truth About Skype’ in response to Icahn’s Accusations

The Skype spin-off has become a core piece of evidence in Carl Icahn’s campaign to force eBay to spin-off PayPal into a separately traded company. In response, eBay issued a letter today, titled “The Truth about Skype,” which breaks down the list of allegations point-by-point. In addition, eBay’s director Marc Andreessen, who is accused of having a… Read More

eBay exec Paul Todd

eBay wants to help retailers leverage technology to compete with Amazon

MOUNTAIN VIEW–For eBay, competing with Amazon is difficult, in part because the company’s services have reshaped the playing field for retailers everywhere. “Amazon has raised the game in terms of the basics of commerce,” Paul Todd, the head of strategy for eBay Marketplaces, said at The Atlantic’s Silicon Valley Summit this morning. Thanks to programs… Read More

Amazon's Prime Air "Delivery Drone."

eBay CEO on Amazon’s drones: ‘We’re not focused on long-term fantasies’

It looks like eBay isn’t too concerned about its competitor’s audacious plans to have fleets of aerial drones delivering products to customers’ doorsteps. During an interview with Bloomberg’s Emily Chang today, eBay CEO John Donahoe called Amazon’s drone ambitions “long term fantasies”: Re: Amazon drones, John Donahoe tells @emilychangtv eBay not focusing on "long term fantasies"… Read More


Microsoft launches eBay store with holiday season looming

Microsoft today unveiled a new place to buy its products: eBay. Just in time for a holiday push, the Redmond software giant today announced the debut of its eBay store in the U.S. The store, which mimics the design of the official online Microsoft store, will sell first-party Microsoft products including the Surface RT, Surface Pro, Xbox… Read More


eBay takes aim at Amazon with same-day delivery expansion, personalized shopping options

eBay made some big moves Tuesday, expanding its same-day delivery service to 25 cities by the end of 2014 and making its shopping experience more personalized. “The world is changing, with the lines between online and offline commerce blurring and the expectations of buyers and sellers rising rapidly,” Devin Wenig, president of eBay Marketplaces, said… Read More