PayPal launched its services in Nigeria about an year back and it is already its second largest market in Africa.  Malvina Goldfield, Head of business development, sub-Saharan Africa at PayPal exalting over the achievement told ITWeb Africa that “We are very happy to see that PayPal has been widely welcomed

Following its acquisition of Braintree and Paydiant, PayPal has now announced that it is acquiring predictive cyber security company CyActive. Israel based start-up CyActive is just an year old is already getting a lot of attention from investors like SFS, VC and the venture capital unit at Siemens. CyActive has

With Apple and Google making headway with mobile payment solutions, PayPal is now entering the league following its announcement to acquire mobile payments platform Paydiant. While the name doesn’t ring a bell immediately, Wellesley, Mass based Paydiant has been the driving force behind mobile payments for companies like Subway, Harris

Following the eBay, PayPal division, the first round of layoffs has begun. They had announced a 7 percent cut in workforce last month spreading across various departments. John Donahoe president and CEO of ebay Inc had said, “We plan to reduce our workforce globally by approximately 2,400 positions, across eBay

Following Russia’s annexation of Crimea last year, tech companies are blocking transactions in the region, upholding the U.S. sanctions on Crimea. These blocks have been brought about to exert pressure on Russia which is in conflict with Ukraine over Crimea. Both the U.S. and Europe support Ukraine in the conflict.

eBay, one of the largest e-commerce companies has announced a spinoff from its payments service PayPal. Ahead of this move they plan to cut about 7 percent of its staff spreading across various departments. John Donahoe president and CEO of ebay Inc said, “We plan to reduce our workforce globally