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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Ryanair charge a €5 payment fee per person per flight when you book on their website. They only way to avoid this charge was to pay with Visa Electron. This card type was their free payment method offering. Ryanair  have now dropped Visa Electron in favor of prepaid Mastercards. There are currently no free-to-use prepaid MasterCards so anyone buying a Ryanair flight now will include some type of card payment


Moneybookers following in the footsteps of PayPal have launched a new MasterCard-branded prepaid card. The card will allow customers to access funds in their Moneybookers e-wallet to shop both online and offline. The card also offers parents the possibility to load money on a card for their children.


eBay are predicting that next Monday 7th December will be Irelands busiest online shopping day, with a massive 112,000 people expected to log onto ebay.ie. Based on their research they expect that next Monday a Christmas present will be bought every 30 seconds on ebay.ie.



In our Word on the Web post for 23/10/2009 we mentioned the SquareUp the new business from Twitter founder Jack Doresy. SquareUp has now gone live for trial customers. SquareUp does not require any contracts or monthly fees and card payments can be accepted through a device that connects through the audio jack. Receipts can be sent via email or viewed online.

Dave

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