PYMNTS-MonitorEdge-May-2024

PayPal

All around the world, PayPal connects hundreds of millions of people sending and receiving billions of dollars.

To get started with PayPal, link your credit cards, debit cards and bank accounts to your PayPal account. Once they are securely linked, you won’t need to enter this information again. Now you can use PayPal online, in stores, or to send money to a friend. Helping people find better ways to pay, get paid and manage money is at the heart of everything we do.

Source: paypal.com

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PayPal CEO Calls 2024 a ‘Transition Year’ Amid Churn and Slowing Growth
PayPal CEO Calls 2024 a ‘Transition Year’ Amid Churn and Slowing Growth
February 07, 2024  |  Earnings

Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics...

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PayPal to Cut Workforce by 9%
PayPal to Cut Workforce by 9%
January 30, 2024  |  Digital Payments

PayPal will eliminate about 2,500 positions, or about 9% of its workforce, this year. The company aims to “right-size” its workforce by cutting jobs and...

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Guest Checkout Gets One-Click Boost
Guest Checkout Gets One-Click Boost
January 29, 2024  |  eCommerce

The last mile of commerce — specifically, what might be thought of as the last few feet of digital commerce — remains the checkout. For...

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Klarna and PayPal Close Behind Zip in Provider Ranking of BNPL
Klarna and PayPal Close Behind Zip in Provider Ranking of BNPL
January 29, 2024  |  Buy Now Pay Later

With Valentine’s Day around the corner and Christmas fairly close in the rearview mirror, consumers’ budgets are likely stretched thin. If you’re looking for a...

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PayPal Ventures Makes Stablecoin Investment in Mesh
PayPal Ventures Makes Stablecoin Investment in Mesh
January 29, 2024  |  Investments

PayPal Ventures invested in Mesh, an embedded finance platform for cryptocurrency transfers and payments. The funding was made almost entirely with PayPal USD and marks...

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CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
January 29, 2024  |  Connected Economy

The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as...

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Tech Providers Add ‘Buy Button’ Features to Win Subscription Merchants’ Spending
Tech Providers Add ‘Buy Button’ Features to Win Subscription Merchants’ Spending
January 26, 2024  |  eCommerce

With subscription companies seeking more frictionless ways to drive conversion, tech giants are looking to capture the opportunity, offering one-click solutions and other quicker, easier...

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This Week in AI: FTC, Partnerships and Enterprise Deployments
This Week in AI: FTC, Partnerships and Enterprise Deployments
January 26, 2024  |  Artificial Intelligence

Generative artificial intelligence tends to grow in leaps and bounds. And increasingly, so do the companies behind the technology, including Microsoft, which reached a market...

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New X Passkey Feature Signals Ongoing Shift to Passwordless Future
New X Passkey Feature Signals Ongoing Shift to Passwordless Future
January 25, 2024  |  News

The emergence of all-in-one apps promises unparalleled convenience, offering users a one-stop solution for various needs. From managing finances to staying connected with friends, these...

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