Tag: Ebay

PayPal Buying Binge Supports Marketplace Payments with Hyperwallet Acquisition

PayPal is still on a buying binge, with two more companies added to its slate of acquisitions last week. The first was Hyperwallet, which the company said improves its ability to serve ecommerce platforms and marketplaces, a global market it called a “tremendous opportunity.”

eBay-Adyen Partnership a Move to “Deepen Customer Relationships”

Marketplace giant eBay announced last week that it is replacing PayPal with Dutch payments provider Adyen as its payments partner in what it calls a “transition to full payments intermediation.”

Shopify Introduces New Bridge Between Online and Offline Commerce

As the lines between online and offline commerce blur, merchants need to find every opportunity to reach their customer base wherever they are.

To that end, leading payment facilitator Shopify is again expanding how its merchant clients can sell to their customers.

Wall Street Loves Comparisons, Which Is Why Square Is Driving It Crazy

As PF extraordinaire Square begins its IPO perp walk (aka roadshow), it is seeing consumer media criticism (such as this piece from USA Today) that its numbers are not as strong as so-called contemporaries. The problem is Square’s business model and execution approach is truly different, so much so that there are hardly any comparably-sized companies that are apples-to-apples comparisons—and certainly none that are already publicly-held.This concern is oft-cited by startups who claim to have no competitors, but with Square, the differences are much more significant.

Rick Oglesby, a senior analyst with payments consulting firm Double Diamond Group and a longtime tracker of Square, said he was concerned about the influence exerted by comparisons like the ones USA Today made.”This article keeps talking about tech companies and, if that’s the benchmark, then it probably isn’t that pretty. But if the benchmark is payments companies, Square is very pretty,” Oglesby said. “This is not a Facebook or a Twitter, but relative to the competitors listed in the article—which aren’t really even competitors—I’ll take Square.”