BigCommerce has added PayPal Credit as a payment option for merchants using its e-commerce platform.
Austin, Texas-based BigCommerce merchants may include a standalone PayPal Credit button to offer consumers flexible financing, which is particularly appealing for merchants selling higher-ticket items like furniture, BigCommerce said in a Friday press release.
PayPal signage is displayed in front of eBay Inc. headquarters in San Jose, California, U.S., on Tuesday, Sept. 30, 2014. EBay Inc. is spinning off its PayPal division, heeding demands by activist shareholder Carl Icahn and giving the business independence it can use to contend with rising competition from Apple Inc. and Google Inc. Photographer: David Paul Morris/Bloomberg
David Paul Morris/Bloomberg
The e-commerce company has offered PayPal as a checkout option since 2013 and earlier this year BigCommerce added Amazon Pay as another option for its merchants.
Separately, PayPal this week announced it’s selling $5.8 billion in credit receivables to Synchrony Financial, which has been a partner since 2004 for PayPal’s private-label credit cards.
A dramatic boardroom purge at the NCUA has unleashed a fierce debate over the future of credit unions, and whether they're still serving their original mission.
The decision to rejoin the CEO and chairman roles comes roughly two months after regulators removed an asset cap that had stunted the San Francisco-based company's growth for seven years.
In New York City and elsewhere, financial institutions are taking stock of their office-building security protocols following the killing of four people, including an investment bank executive, in Midtown Manhattan. Security experts say that layers of protection are essential in all office buildings.
In a new lawsuit, a former Flagstar compliance officer says Alessandro DiNello fired him for investigating his suspected misconduct. In one lurid example, the former CEO allegedly revealed sensitive company information as a junior employee sat on his lap.
The Federal Deposit Insurance Corp. withheld bonuses from former FDIC Chair Martin Gruenberg and four senior officials, whose names were redacted from the report, as part of "corrective action" for allegations of misconduct.
