News Byte

Braintree Officially Joins PayPal as $800 Million eBay Acquisition Closes

EBay’s $800 million purchase of payments startup Braintree on behalf of its Paypal subsidiary has closed, according to a PayPal blog post. The acquisition gives Paypal a strong foothold in the world of mobile app payments, which it hopes to bolster with the smaller acquisition of StackMob, announced earlier this week.

News Byte

Uber Starts Accepting PayPal

PayPal said today that customers of Uber, the car service startup, can now pay their fares using PayPal. Uber also happens to be one of the highest profile customers of Braintree, the payment gateway company that PayPal parent eBay agreed to acquire for $800 million less than two months ago.

eBay Made Two Giant Bets Yesterday, but Only One Feels Right So Far

EBay’s new design raises more questions than answers.
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AllThingsD Week in Review: BlackBerry Is Just Resting, and YouTube Goes Mobile First

The Top 10 stories that powered AllThingsD this week, in one convenient post.
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eBay Posts Mixed Third Quarter and Warns of “Cautious Outlook” for Holiday Season

Stock drops more than four percent in after-hours trading.
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Signifyd Fights Fraud With Online Sleuthing

Signifyd helps sellers make better choices about whether to accept or deny sales by piecing together online identities that match up with offline people.
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Square Cash, the Service That Lets You Email Money to Friends, Is Now Public (And Free)

The new service from Square will pit it against PayPal, Google and Venmo.
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Here’s Why You Didn’t Know Amazon’s New Payments Product Isn’t, Well, New

Hint: Awareness is only part of the problem.
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PayPal Unveils Yet Another Way to Pay in Stores. Now It Has to Get People to Use It.

If only shoppers wanted to use their phones for payments as much as credit card competitors want them to.
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News Byte

PayPal Brings Amazon Prime-Like Shipping to Levi’s and Other Retailers

Online shoppers who pay with PayPal will be able to get free two-day shipping on purchases from Levi.com, Aeropostale.com, SportsAuthority.com, and a handful of other online retail shops, PayPal announced today. The test, as PayPal is calling it, will run for a limited time, with program duration varying by merchant.