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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Earnings Season Shows Business Demand for Working Capital Remains Robust
Earnings Season Shows Business Demand for Working Capital Remains Robust
August 02, 2024  |  SMBs

Although all eyes this earnings season might be focused on consumer spending, there are several puts and takes on business demand for working capital, particularly...

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More Than Half of US Consumers Use P2P Apps to Send Money
More Than Half of US Consumers Use P2P Apps to Send Money
August 02, 2024  |  Security & Fraud

Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns...

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PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
PayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024  |  Earnings

If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30)...

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PayPal Fined $27 Million for Contract Violations in Poland
PayPal Fined $27 Million for Contract Violations in Poland
July 15, 2024  |  Regulation

A Polish regulator fined PayPal $27.3 million over allegedly “unprecedented” user agreement violations. The Office of Competition and Consumer Protection (UOKiK) said in a Monday...

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Skipify Names Airbnb and PayPal Vets to Top Exec Roles
Skipify Names Airbnb and PayPal Vets to Top Exec Roles
July 09, 2024  |  Personnel

Checkout-focused FinTech Skipify has named veterans of Paypal, Visa and Airbnb to two executive positions. Sam Shrauger has been appointed as the firm’s chief operating...

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Court Ruling: PayPal Australia Unfair to Small Merchants
Court Ruling: PayPal Australia Unfair to Small Merchants
July 05, 2024  |  Legal

Australia’s federal court has ruled that a term in PayPal’s contract for local small businesses is unfair. The reason, the court ruled Friday (July 5)...

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Grocers’ Brick-and-Mortar Engagement Outpaces Retailers’ 2 to 1
Grocers’ Brick-and-Mortar Engagement Outpaces Retailers’ 2 to 1
June 25, 2024  |  Retail

When it comes to shopping, consumers are turning to physical stores more for groceries than any other kind of purchase. By the Numbers For the...

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PayPal Names Former Walmart Executive Srini Venkatesan as CTO
PayPal Names Former Walmart Executive Srini Venkatesan as CTO
June 20, 2024  |  Personnel

PayPal has appointed Srini Venkatesan, the former head of Walmart’s U.S. Omni Platforms and Tech organization, as chief technology officer (CTO), effective Monday (June 24)....

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Apple and PayPal Send Mixed Messages as CE 100 Index Slips 0.7%
Apple and PayPal Send Mixed Messages as CE 100 Index Slips 0.7%
June 17, 2024  |  Connected Economy

The headlines moving the CE 100 Index this week were dominated by Apple’s announcements at its developers conference that covered everything from AI to payments....

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