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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Triple-A Taps PayPal’s Stablecoin to Double Payments Volume
Triple-A Taps PayPal’s Stablecoin to Double Payments Volume
May 29, 2024  |  Cryptocurrency

Singapore-based financial institution Triple-A is adding PayPal’s PYUSD stablecoin to its payment services. The move, announced Wednesday (May 29), will let the company’s clients accept the stablecoin as a payment method,...

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PayPal Adds Stablecoin to Solana Blockchain
PayPal Adds Stablecoin to Solana Blockchain
May 29, 2024  |  Cryptocurrency

PayPal says its stablecoin — PayPal USD (PYUSD) — is now available on the Solana blockchain. The move is designed to make the stablecoin faster and cheaper to...

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PayPal Wants to Monetize the Connected Shopper With Ads
PayPal Wants to Monetize the Connected Shopper With Ads
May 28, 2024  |  Data

Following a trend that has been predicted since JPMorgan Chase announced Chase Media in early April, PayPal has announced the creation of a new advertising...

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PayPal Building Ad Business Based on User Data
PayPal Building Ad Business Based on User Data
May 28, 2024  |  Data

PayPal is developing an advertising sales business built on its user data. The payments giant would create this ad network using data from user purchases...

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FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
FTC: Company Impersonation Scams Cost Consumers Millions of Dollars
May 24, 2024  |  Security & Fraud

The Federal Trade Commission said it has been flooded with reports from consumers who have been taken in by scammers purporting to represent some of today’s leading companies. The FTC said Friday (May...

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Study Finds Small Business Healthcare Providers Receive 25% of Payments Late
Study Finds Small Business Healthcare Providers Receive 25% of Payments Late
May 09, 2024  |  SMBs

Increasingly, small- to mid-sized businesses (SMBs) operating in the healthcare field are using real-time payment technology to improve cash flow efficiency. Thirty-eight percent of the healthcare SMBs PYMNTS Intelligence...

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Block, PayPal Earnings Show Sellers Continue to Embrace Working Capital
Block, PayPal Earnings Show Sellers Continue to Embrace Working Capital
May 03, 2024  |  Loans

For Block and for PayPal, the headlines gleaned from earnings may be about bitcoin, about gross payment volumes and the continued shift to digital transactions....

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What CFOs Should Know About the Growing Use of Stablecoins
What CFOs Should Know About the Growing Use of Stablecoins
April 30, 2024  |  Cryptocurrency

Stablecoins, as their name implies, offer the benefits of cryptocurrency without the volatility. And with Visa having launched on April 25 the Visa Onchain Analytics Dashboard...

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PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions
PayPal Sees Jump in Transactions Per Account as Fastlane Checkout Boosts Conversions
April 30, 2024  |  Earnings

PayPal’s transactions per active account grew by double digits in the latest quarter, and debit spending boosted results, while easier, faster checkout boosted conversions. Total...

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