PayPal Germany’s Head of Mobile tells us why it’s like ‘working in a giant startup’

Holger Spielbergis Head of Mobile Payments and Innovation atPayPal Germany, and he is one of the key speakers atNEXT Conference 2011. Holger has been with PayPal Germany since January 2011. He has over fifteen of years experience in leading positions across a number of industries, from telematics and telecommunications to mobile services. And he has also been heavily involved in startups, as founder, executive, angel and advisor. Check out my interview with the PayPal man here, and find out why he thinks PayPal is just like working in a giant startup…...

8 min · 1575 words · Kelly Johnson

PayPal increases transaction limit from $500 to $3,000 in India

PayPal has been wrangling with legal issues in India over the past year and has had to bow to several demands of the Reserve Bank of India (RBI), chief among them being imposing a per-transaction limit of $500 on Indian users. Today, however,the company announcedthat said limit had been raised to $3,000, according toa post by Pluggdin. The PayPal announcementreiteratesthat all Indian users need to add their Permanent Account Number (PAN) and Purpose Code and hook up their bank account to PayPal in order to continue using the service....

2 min · 223 words · Megan Chavez

PayPal issues new regulations for Indian users

Barely a month aftermaking changesto its policies in order to comply with Reserve Bank of India (RBI) guidelines, PayPal has sent out emails to all its Indian users ordering them to add a purpose code, Permanent Account Number (PAN) and an Indian Bank account to continue receiving export-related payments and withdraw money from their accounts. According to the email, this is part of its ongoing effort to comply with the requirements set out by RBI....

2 min · 233 words · Troy Wang

PayPal remains positive in India despite RBI ruling

The fate of global online payment servicePayPalin India was put in doubt after the firm had to amend policies for Indian transactions as part of compliance with the Reserve Bank of India (RBI) guidelines. Despite this, the company remains determined to go headstrong, capitalizing on the surge of Internet users and credit card owners in the country. Earlier this year, PayPal had to impose restrictions on merchants using PayPal as an online payment mechanism to disallow them from keeping money in their PayPal accounts for over a week and to limit payments received to a maximum of $500/transaction....

2 min · 361 words · Steve Hamilton

PayPal sues Google over trade secrets as Google Wallet is announced

PayPalis suing Google and two of its executives following today’sannouncement of Google Wallet, claiming that former PayPal employees who worked on the project have violated their contractual obligations. PayPal claims that former PayPal executive Osama Bedier shared trade secrets with Google, and that Stephanie Tilenius, also a former PayPal executive, violated her contract by enticing Bedier to jump ship. At Google, Tilenius is the VP of Commerce and Bedier is the VP of Payments, putting them in a line of fire where conflicts with the payment processing giant are inevitable....

2 min · 357 words · Andrea Marquez
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