EBay&#39;s PayPal hit by glitches in online payments
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EBay&#39;s online payment service PayPal has suffered intermittent glitches since late last week, locking some users out of their accounts for long stretches and making
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PayPal began getting back to normal Tuesday afternoon and improved significantly on Wednesday after a 4-day intermittent problem left many users unable to access their accounts.
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EBay Inc.'s  online  payments unit, PayPal, has signed an agreement with attorneys  general from 28 U.S. states to clarify how it notifies  consumers of the measures it takes to protect their financial  data, the company said on Thursday.
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SAN JOSE, Calif.  -- Online payment processor PayPal said it would fine customers as much as $500 if they violate the company's policies against using the service for gambling, pornography or selling prescription drugs without official certification...
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Despite more than a decade of experience with e-commerce, many major online retailers continue to experience outages, slowdowns and outright glitches on their websites. Why can't they get it right?
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Net payment system Worldpay is under attack from hackers delaying transaction times for hundreds of online retailers.
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A coding error during routine upgrade maintenance at online payment Web site PayPal.com has created havoc for users, who have had only intermittent access to their accounts since Friday.
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Despite furious repair efforts, intermittent service outages at the online payment service PayPal continued Tuesday for the fifth consecutive day, affecting payments, log-ins and account creations.
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The significant&#160;changes that eBay announced last week&#160;have merchants abuzz as they analyze and react to the impact that the restructured fees, modification of the search and feedback functions, and other changes will have on their sales and profits.
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com December 10, 2004, 11:28 AM PT. Customers at Apple Computer&#39;s iTunes store will now be able to pay for their songs, albums and gift certificates using PayPal, a virtual wallet technology owned by eBay.
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EBay&#39;s online payments division, PayPal, will pay $169 million for an Israeli security company specializing in detecting online fraud, the companies said Monday. The deal should close within 30 days.Fraud Sciences, a private company, has developed technology designed to differentiate between real and fraudulent transactions. That technology will be folded into&#160;PayPal&#39;s antifraud systems, which will be &quot;significantly&quot; improved this year, eBay said.Fraud Sciences&#39; Chief Operating Officer, Yossi Barak, and founders Shvat Shaked and Saar Wilf will move to PayPal&#39;s technology and fraud management teams.PayPal lets two users exchange money online via e-mail addresses. The ease at which people can transfer money has also made it one of the most highly targeted brands for phishing scams, where fraudulent Web sites mimicking real sites are set up in order to steal people&#39;s log-in details.PayPal has taken other steps to shore up its defenses. Early last year, it began offering a keychain with a one-time numeric passcode that users enter in addition to their log-in and password. The passcode expires after 30-seconds, which greatly reduces a hacker&#39;s window of opportunity to get access to someone&#39;s account.PayPal has also pushed for free e-mail providers to&#160;block e-mail sent without digital signatures. That would potentially mean fewer scam e-mails would land in people&#39;s inboxes, reducing the chance of fraud, although providers have yet to make a unified commitment.&#160;
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Online payment service PayPal continued to suffer outages Tuesday. Company officials insisted the problems were &quot;intermittent,&quot; but many consumers complained they hadn&#39;t been able to log on
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For some, it turned out that fairness in online auctions was going, going, gone. Three cases of phony bidding by sellers to inflate the price of art, sports memorabilia, even
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Sellers are defecting from eBay because its fees are high, customers are afraid of fraud, and merchants can do better on Amazon or on their own Web sites.
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Apple (Nasdaq: AAPL) is making its iTunes service a little more user friendly, by teaming up with eBay&#39;s (Nasdaq: EBAY) PayPal to facilitate payments.
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Michael Barrett, chief information security officer at PayPal, knows exactly why his company is often targeted by phishers: It has 133 million customers moving around a lot of money. He talked about how PayPal is fighting back.
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EBay's PayPal division recently snapped up Israeli security company Fraud Sciences, in a move that could help advance eBay in its long battle against online scammers.