PayPal news and updates

Amazon Ditches Venmo As A Payment Option, PayPal Stock Drops Members Public

Amazon is ending the ability to use Venmo to pay for purchases on the site, effective January 10, 2024.


PayPal Removes Seller Protections For Item Not Received Chargebacks Members Public

PayPal's Seller Protection policy will no longer protect sellers from Item Not Received cases filed as credit card chargebacks, effective January 16, 2024 according to their latest policy updates announcement. Policy UpdatesPolicy UpdatesPayPal Amendments to PayPal’s Seller Protection Program Effective January 16, 2024: We are revising PayPal’s Seller


PayPal Ends Bank Backup Funding For Business Debit Mastercard Members Public

Bank backup funding for PayPal Business Debit Mastercard ends September 12, leaving small businesses in the lurch.


PayPal Names Intuit Exec Alex Chriss As Next CEO Members Public

PayPal has finally named a replacement for CEO Dan Schulman announcing Intuit executive, Alex Chriss will be taking over.


PayPal CEO Dan Schulman To Retire At End Of Year Members Public

PayPal CEO Dan Schulman will retire at the end of 2023 after a rough year for company.


PayPal Policy Update Finally Removes $2500 Misinformation Fine Members Public

PayPal updates policy - $2500 damages only apply to fraud, counterfeits or IP infringement, not misinformation.


Could PayPal Face Legal, Regulatory Issues After AUP Debacle? Members Public

PayPal faced public backlash over Acceptable Use Policy updates - will legal or regulatory scrutiny be next?


PayPal Updates Acceptable Use Policy Raising Cancel Culture Concerns Members Public

PayPal updates Acceptable Use Policy reaction to recent account cancellations that some have deemed "cancel culture."


PayPal Ending Return Shipping On Us Program Members Public

PayPal announces Return Shipping On Us program will end November 27, 2022.


Phishing Scam Sends Invoice From Compromised PayPal Account Members Public

Watch out for this PayPal phishing scam that uses actual invoices sent from a fake or compromised account.


Elliott Management Taking Stakes In Pinterest & PayPal Members Public

Activist investor Elliott Management reportedly takes on large stakes in both Pinterest & PayPal.


PayPal Updates Fees For Buyer Initiated Payments For Goods & Services Members Public

PayPal is making important updates to the policies& and fees for sending personal payments for Friends & Family and Goods & Services.


PayPal Not Working On eBay, Etsy 6-5-22 Members Public

Users report problems using PayPal to pay for purchase on both eBay and Etsy.


PayPal Layoffs Continue As Pressure To Cut Costs Mounts Members Public

PayPal slashes jobs at headquarters in San Jose as well as risk management & ops across the US & Ireland.


PayPal No Longer Available Payment Option On eBay? Members Public

eBay users notice PayPal is no longer showing on listings as an available payment option.


PayPal Opens More Services, Waives Fees For Ukraine Members Public

PayPal is responding to the ongoing crisis in Ukraine by opening up more services and waiving fees.