Thursday, August 17, 2006

Todays Payment News

A Reason To Prefer PayPal - Merchant Receipts

Dave Taylor blogs about the differences between the merchant receipts provided for purchases using PayPal vs. Google Checkout - and strongly favors PayPal's approach. According to Dave, "the key difference between the two is that the Google Checkout receipt is a geeky "transaction log" sort of style, while Paypal offers up a much more understandable information block about the buyer including the all-important "note" section that lets them communicate directly with me as if it were an attached comment." Over on his "Ask Dave Taylor" blog, he's got a great writeup about how to add Google Checkout "Buy Now" buttons to your website.

Mobile Banking Is Happening - In Nigeria

Sola Fanawopo reports for Nigeria's Daily Sun on the growth in mobile banking services in Nigeria. "Some of the transactions that can be conducted with Glo m-banking include, check balance, viewing of the amount of money in account at any time, account statement, viewing of the last five transactions on account, recharge and buying of airtime for any glo prepaid line using money in bank account. Also, Glo mobile subscribers can transfer money from one account to another within the same bank. According to the official of the mobile company, very soon Glo m-banking subscribers will be able to pay bills and other utility bills using Glo m-banking service."

PayPal Now Accepted At Barnes &

Barnes & Noble has announced that Barnes & now accepts PayPal.

"Adding PayPal as a payment option gives our customers more ways to shop with us, providing even more convenience, ease, and flexibility," said Marie Toulantis, chief executive officer of Barnes & "We look forward to serving the millions of PayPal customers who can now shop for their books and other entertainment products at Barnes &, with the convenience of using their PayPal accounts."

"We are pleased to add Barnes &, one of the largest e-commerce sites, to the roster of merchants who accept PayPal," said Dana Stalder, senior vice president of PayPal. "Many of our customers already prefer to shop online at Barnes & and are thrilled that they can now use their PayPal accounts to do so."

Barnes & shoppers can now pay for purchases with their PayPal accounts, using a credit card, bank account or stored account balance. PayPal enables any individual or business with an e-mail address to send and receive payments online securely and easily. Privacy is an important part of the service. PayPal allows customers to shop online with confidence that their financial information will be kept private. PayPal has more than 114 million accounts and is available to users in 55 markets around the world. More information about the company can be found at

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