Customers urge USPS to go digital
USPS needs to play in the digital world, major postal customers told the organisation’s executives August 11 at the USPS’ Innovation Symposium.
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PayPal Express Checkout comes to the UK
E-tailers can now easily accept PayPal and other payments via a single connection—with added fraud protection from CyberSource
CyberSource Corporation has extended support for PayPal Express Checkout to UK merchants, and has released enhanced fraud protection for merchants accepting PayPal Express Checkout transactions worldwide.
“We’ve now made it simple for our merchants in both the U.S. and U.K. to easily integrate and manage PayPal payments alongside their other payment options, and bring even greater speed and convenience to their customers’ shopping experience,” said Michael Orlando, vice-president, strategic markets for CyberSource.
By implementing PayPal Express Checkout through CyberSource, businesses can accept and reconcile multiple payment types through one payment gateway and reporting interface rather than managing separate processing connections and reports. Merchants processing PayPal through CyberSource can also access additional fraud protection for PayPal transactions, since PayPal is now supported within the CyberSource fraud portal. This portal gives business managers the ability to create order screening rules based on over 100 additional validation tests, including address verification, IP geolocation tests, and purchase-velocity monitoring.
Read MorePayPal granted banking licence
PayPal has been granted a banking licence by the Luxembourg financial services authority (CSSF) and has announcement that it will move its European headquarters to the country. The banking licence will enable PayPal to proactively market its Express Checkout service to retailers, a move which is prohibited under the terms of its current money licence – to date PayPal could only respond to retailers’ approaches to the company.
From 2 July, when the licence comes into effect, PayPal will be setting up local sales teams across Europe to expand the reach of its Express Checkout service – and therefore increase the number of retail sites accepting PayPal as a payment method.
The company says that Google’s launch of Checkout has no bearing on this move and it has no plans to extend its offering away from the online platform.
According to Forrester Research, 23% of European internet shoppers prefer paying with PayPal – which they can do at more than 100,000 websites in Europe.
In 2006, PayPal processed payments from “thousands of retailers” in Europe including Harrods, DHL, Meetic, Pixmania and Boots. The total payment volume in Europe reached GBP 4.29 billion. Over 15 million PayPal accounts are held by internet users in the UK.
Read MorePitney Bowes provides online postage solution for eBay and PayPal customers
Pitney Bowes Inc have announced that eBay, The World’s Online Marketplace, selected Pitney Bowes as the technology provider for a completely browser-based online postage solution that gives both eBay.com and PayPal customers quick and easy access to shipping services. The new online postage solution simplifies the process of calculating and paying for postage and accessing shipping services offered by the U.S. Postal Service (USPS).
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