paypal

PayPal this week kicked off a global software-coding competition called Battle Hack, challenging software developers to devise on their own a socially useful application that makes use of PayPal payment processing. The grand prize: $100,000.

PayPal and Discover said 7 million merchants accepting Discover credit cards will begin accepting payments for in-store purchases from PayPal's 50 million users starting in the second quarter of 2013.

Nokia continues to push its Lumia line of Windows Phone smartphones hard, announcing several deals with app developers on Tuesday, including some that would be exclusive to the Lumia platform initially.

PayPal's major drawback for small businesses has been that customers need to leave the website they're shopping on to process a payment. Starting today, however, the new PayPal Payments system will let you keep customers on your website while they're completing a purchase.

PayPal has unveiled a mobile payment initiative for shoppers that doesn't require near-field communication (NFC) technology inside smartphones.

PayPal and parent eBay have filed a suit against Google and two former executives alleging that they have misappropriated their trade secrets in the area of mobile payments and point-of-sale strategies.

Stung by a high-profile denial-of-service attack in December, PayPal's CISO says application layer attacks remain a major threat to businesses in general, which need better defenses and actual testing of the DDoS tools they have.

PayPal wants to be the go-to company for digital goods in a world where micropayments are becoming increasingly popular for mobile apps, tablet versions of newspapers, and music. The company announced its micropayment system called PayPal Digital Goods is no longer in preview mode and now available to any seller of digital content.