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Software glitch disrupts PayPal service
World News (13) World Financial (254) USA (336) California (187) Bay Area (12) Bay Area Financial (215) eBay (134) Business (86) Financial (6)
2014 (1) 2006 (1) 2004 (1) 2003 (1) 2002 (1) 2000 (1)
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Google to introduce PayPal alternative
EBay, PayPal to become separate companies

year 2014 Top ^

  Icahn was right: eBay said it will spin off its PayPal electronic-payments division into a separate public company
 Donahoe and EBay CFO Bob Swan will leave their roles although they will oversee the split. Devin Wenig, president of eBay Marketplaces, will become eBay CEO, while Dan Schulman, an American Express executive, will now become PayPal president

year 2006 Top ^

  The online payment service will allow people to buy products from a variety of merchants using a single account

year 2004 Top ^

  The widely used online payment service struggled to get customers back on track after several days of outages

year 2003 Top ^

Feb.27 Problems with dollar-to-sterling conversion
  EBay's payment service PayPal miscalculated the amount of customers' transactions

year 2002 Top ^

Feb.21 eBay reclaims billing service
  Company plunked down $43.5 million to reclaim full ownership of its billing service from Wells Fargo and sets sights on PayPal

year 2000 Top ^

Jun.7 Wells F, eBay offer online check payments
  Bank, Internet auction site are introducing an option to pay for purchases online with an electronic check

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