Ebay announced successful end of year results. Revenue from their payments business which includes PayPal showed an increase of 28%. Chief executive John Donahoe said that he expects PayPal revenue to overtake eBay market place in the next few years.

In 2009 PayPal announced that they would be creating 150 new jobs at their European Centre of Excellence in Dublin. Earlier this week they announced that they will be creating a further 100 jobs in Dublin.

The Dublin Web Summit will take place in Trinity College on Thursday February 4th 2010. CraigsList founder, Craig Newmark and Wordpress founder Matt Mullenweg will be the keynote speakers at the event. Realex Payments founder Colm Lyon will be speaking on the panel at the event also.

Online gaming services provider Cryptologic and Realex Payments have announced a 3 year deal that will see Realex Payments provide payment processing for Cryptologic.

Dave

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My previous blog post about the Ruby Card prompted some discussion about the benefits of prepaid cards when the fees associated with administering the card can be very high. On most of the cards, you pay to load your card with money and you pay when you make a purchase.
The Dublin City Gift Card recently came to my attention. This Prepaid MasterCard was launched on December 02 2009 by the Dublin City Business Association and is operated by Zapa through MasterCard. This card makes a great alternative to the existing prepaid cards as it does not have any surcharges or monthly fees.

The card can be purchased at Ticketmaster kiosks in St Stephen’s Green, Dundrum and Jervis shopping centres, and also at a booth in the Powerscourt Townhouse Centre. Late last year we reported that Ryanair were dropping Visa Electron as their free payment method and replacing it with Prepaid Mastercard. At the time there were no free prepaid cards in the Irish Market but the Dublin City Card will allow consumers to avoid transaction charges when booking flights with Ryanair.

Dave

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If you liked this article then you can:

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Related Blog Posts:

• Ruby Card - A Prepaid MasterCard launches in Ireland
• Word on the Web - 04/12/2009