Ebay acquiring Braintree, boosting mobile payments business

Ebay Inc., the e-commerce and online bidding powerhouse, is plunking down about $800 million in cash to acquire Braintree, a payment platform beloved among online and mobile-first startups. Under the deal, Braintree will

Share on LinkedIn Comment on this article Share with Google+ Published on: September 27th, 2013 Candice So

PayPal and TouchBistro launch check-in and mobile payment service in restaurants

Your next cup of coffee could be paid for with your smartphone and PayPal account, thanks to a new partnership between PayPal Canada and TouchBistro Inc. Yesterday, PayPal Canada announced it’d be stepping

Share on LinkedIn Comment on this article Share with Google+ Published on: August 29th, 2013 Candice So

Shopify launches payment processing and point-of-sale system

Merchants using Shopify Inc. to power their storefronts are now getting two big changes to how they run transactions – they can now directly charge online customers through Shopify instead of using a

Share on LinkedIn Comment on this article Share with Google+ Published on: August 28th, 2013 Candice So

Mobile to replace cash as king of payment options, report says

Cash might make the world go 'round right now, but it may lose its spot as the top transaction type between Canadian merchants and consumers within the next five years, according to a

Share on LinkedIn Comment on this article Share with Google+ Published on: July 23rd, 2013 Candice So

MasterCard launches MasterPass with several Canadian e-commerce customers

MasterCard Canada announced the launch of its MasterPass digital payments platform that it hopes will eventually be used for both in-store purchases and online purchases alike. The digital wallet is being used for

Share on LinkedIn Comment on this article Share with Google+ Published on: April 11th, 2013 Brian Jackson

Expensify offers to reimburse your employees with Bitcoins

In a world where cash is king, where does a digital currency rank? Highly enough for San Francisco-based Expensify to support it, apparently. The firm removes the paperwork from employee expense tracking by

Share on LinkedIn Comment on this article Share with Google+ Published on: March 27th, 2013 Brian Jackson

Anonymous claims PayPal hack on Guy Fawkes Day

Update: PayPal has responded to the alleged breach by saying an internal investigation finds no evidence to support Anoymous' claim of stolen passwords. Other reports on the Web now indicate a different payment

Share on LinkedIn Comment on this article Share with Google+ Published on: November 5th, 2012 Brian Jackson

Ashley Madison CEO responds to dispute between competitor and PayPal

No stranger to controversy, Toronto-based dating Web site Ashley Madison is in the news again – this time it's being called out by a competing online dating service.AshleyMadison.com, owned by Avid Life Media,

Share on LinkedIn Comment on this article Share with Google+ Published on: September 6th, 2012 Brian Jackson

Widespread mobile payments adoption still five years away, study says

Until the corner variety store in your neighbourhood installs a near field communication (NFC)-enabled payment terminal and your aunt feels comfortable paying for milk with her smartphone, it will take some time for

Share on LinkedIn Comment on this article Share with Google+ Published on: June 6th, 2012 Nestor Arellano

ShopLocket lets ‘micro-retailers’ sell products online

New Toronto-based Web startup ShopLocket is launching an open beta of its product today that is designed to allow anyone to sell an item online with just a few minutes of setup and

Share on LinkedIn Comment on this article Share with Google+ Published on: April 25th, 2012 Brian Jackson

PayPal welcomes penny’s demise

Digital payment company PayPal is not crying ouch over the news of the Canadian penny getting pinched.“We think getting rid of the penny is good news for Canadian business,” said Nicky Mezo, head

Share on LinkedIn Comment on this article Share with Google+ Published on: March 30th, 2012 ITBusiness Staff

Get paid anywhere with PayPal Here

Canadian small businesses can now process payments to them using an iPhone app developed by PayPal. Canada is one of the first global markets to receive PayPal Here.PayPal Here, a free thumb-sized card

Share on LinkedIn Comment on this article Share with Google+ Published on: March 15th, 2012 ITBusiness Staff

Yahoo co-founder Jerry Yang quits company

Yahoo co-founder Jerry Yang has left the company, the latest dramatic change at the top of the embattled Internet company.Yang, who was involved in both Yahoo's rise to Internet titan inthe late 1990s

Share on LinkedIn Comment on this article Share with Google+ Published on: January 18th, 2012 Juan Carlos Perez

PayPal coming to bricks and mortar retail via Toronto payments processor

A Toronto-area Point of Sales (POS) provider is partnering with PayPal Inc. to be the first to allow merchants to accept PayPal payments at bricks and mortar locations on a wide-scale basis. AJB

Share on LinkedIn Comment on this article Share with Google+ Published on: January 11th, 2012 Brian Jackson