PayPal co-founder Max Levchin launched a new payments company called Affirm this week. Described as an online “charge card” along the lines of American Express, Affirm will cover consumer purchases for 30 days. Using social media data, as well as other sources yet to be identified, Affirm will take onRead More
Post Tagged with: "Bill Me Later"
eBay expects its PayPal subsidiary to exceed $10 billion in mobile payments for fiscal year 2012, said CEO John J. Donahoe in an earnings call for the San Jose-based company Wednesday. PayPal reported net earnings of $1.4 billion on $35.2 billion in total payments for Q3 2012 and now counts 117 millionRead More