Tag Archives: pypl

5 Weird Things That Have Been Listed On eBay

On eBay ( EBAY ), you can buy one year’s worth of work — to be completed in little more than four months. While that listing may be a joke — it appears not to be — over the years eBay has garnered fame and infamy for the sometimes weird items and services people have listed on the popular e-tail website. And last week was no different. On Feb. 25, a prankster listed Egyptian President Abdel Fattah al-Sissi on the site after the president reportedly said, “By God, if it were possible for me to be sold, I would sell myself,” in an address on state television . His condition was listed as “slightly used” and the seller would not accept returns. Bidding surpassed $100,000 before eBay pulled the listing. Unlike many of eBay’s e-commerce rivals such as Amazon.com ( AMZN ), Wal-Mart ( WMT ) and even PayPal ( PYPL ), the San Jose-based company’s platform is set up in such a way that bizarre items are almost inevitable (though it is worth noting that you can buy some pretty weird stuff on Amazon as well). In that spirit, here’s a look at some of my favorite odd listings that have appeared on eBay: 1. As noted above, this one is currently live on the site . Listed is “one year of work equivalent to 2,000 hours of specialized labor over 4.25 months.” For $150,000 a “loyal, dedicated and tireless contractor” will labor 16 hours a day, seven days a week with no break or lunch — for projects like painting, light construction work and “bamboo plant propagation.” EBay spokeswoman Penny Bruce told IBD the listing is indeed in compliance with the company’s policies. 2. Another odd auction — again, completely legit — was the World’s Largest BBQ Pit offered by a Texas man for the princely sum of $350,000. The 76-foot-long truck trailer has 24 barbecue pit doors, a walk-in cooler, beer taps and a “place for stereo equipment” and TV. The truck cab was an extra $50,000. It sold. 3. In 2004, a man tried to sell an F-18 warplane via eBay for $1 million. Ultimately, the fighter jet did not sell — it used to be a Blue Angel-owned aircraft — but it did attract the attention of the FBI, which told the seller that the plane had to remain in the U.S. 4. The last of our favorite weird items sold via eBay is a letter that Nobel Prize winning physicist Albert Einstein sent to philosopher Eric Gutkind shortly before Einstein’s death. The letter references philosophical  and theological themes, and expresses Einstein’s belief that God does not exist. It sold for … $3 million.

Google Releases Payments App, Mounts Pressure On Apple, PayPal

Google announced a pilot  app program Wednesday that aims to make it more seamless to use its Android Pay payments app. The new app, called Hands Free, will remove the need to use a smartphone at checkout, when shopping at merchants participating in the pilot — which for now is limited to a southern portion of the San Francisco Bay Area. With Hands Free, shoppers at checkout tell cashiers that they want to “pay with Google.” Checkout computers, equipped with the Android Pay app, then let cashiers call up a photo that the shopper already has uploaded to the app, to verify the shopper’s identity, and then complete the transaction. In select stores, Google is testing the use of in-store cameras to automatically confirm a shopper’s identity, based on the uploaded picture. Google is a subsidiary of Alphabet ( GOOGL ). The announcement signals Google’s growing interest in the crowded payments sectors . It’s a complex and competitive arena, with companies in the mix including  Apple ( AAPL ) with Apple Pay;  PayPal ( PYPL ) which recently split off from eBay ( EBAY ); and recent  IPO  Square ( SQ ). If Hands Free indeed signals that Google plans to aggressively tackle online payments, it could spell trouble for PayPal, according to Alex Rampell, a general partner at the noted venture capital firm Andreessen Horowitz. PayPal executives stick to their message that the San Jose, Calif.-based company is well-positioned, in part because unlike Google or Apple, it’s platform agnostic. For example, PayPal processes many of the transactions conducted over Apple Pay. On Monday, San Francisco-based Square announced that it was adding the ability to store money on its Square Cash app, adding a feature already offered by PayPal and PayPal subsidiary Venmo. Venmo and Square Cash are peer-to-peer payments apps that are popular with millennials, which use them for things such as sharing the cost of a cab fare or meal. At least one analyst says  Venmo stacks up well against rivals such as Google and Apple. Amazon.com ( AMZN ) is also in the payments business — and that’s the reason, according to industry watchers, that Amazon shoppers will not be able to pay with PayPal at any time in the near future. When PayPal spun off from eBay, executives said at the time that one advantage was the new business opportunities it couldn’t get while attached to eBay.

Apple Pay Most Sought-After Mobile Payment Service By Retailers

Apple Pay is the most-requested mobile digital payment service among retailers, according to a recent survey of companies that supply point-of-sale terminals to stores. Piper Jaffray surveyed 507 vendors of merchant-processing systems. The survey found that 44% of their customers are using or have asked about implementing mobile digital payment systems. Of those merchants, 67% desired Apple ’s ( AAPL ) Apple Pay. Alphabet ’s ( GOOGL ) Android Pay and Google Wallet were second with 18%, followed by PayPal ( PYPL ) (8%) and Samsung Pay (7%). Merchants who accept tap-and-pay services typically are able to accept multiple digital wallets, Piper Jaffray analyst Gene Munster said in a report Wednesday. “It is telling that PayPal, who has been the leader in digital payments, so significantly under-indexed Apple Pay and Android Pay,” Munster said. “PayPal did announce recently at Mobile World Congress (MWC) that it would be enabling NFC payments, though the timeline was not disclosed.” The strong interest in digital payment systems and the number of requests for Apple Pay “are positive signs for the future demand of digital wallets and the strength of Apple Pay’s brand at point of sale,” Munster said. Juniper Research predicted Tuesday that the number of consumers using mobile phones to make payments at retail will reach 148 million worldwide this year, up 64% from 90 million in 2015. Image provided by Shutterstock .