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PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
November 21, 2024  |  Technology

PayPal experienced a global outage that affected multiple products for about two hours Thursday (Nov. 21). The incident lasted from 10:53 UTC to 12:59 UTC...

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PayPal’s Xoom Begins Settling Cross-Border Payments with Stablecoin
PayPal’s Xoom Begins Settling Cross-Border Payments with Stablecoin
November 19, 2024  |  Cross-border Payments

PayPal will begin letting its disbursement partners use PayPal USD to settle cross-border money transfers. The new service will be offered through PayPal’s Xoom cross-border...

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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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This Week in Web3: Usability, Utility and Oversight 
This Week in Web3: Usability, Utility and Oversight 
April 10, 2024  |  Blockchain

The next iteration of the internet, Web3, has been around for a while now.  Meta’s Reality Labs division — the arm of the tech giant...

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Capturing the $250 Trillion Cross-Border Payments Opportunity 
Capturing the $250 Trillion Cross-Border Payments Opportunity 
April 09, 2024  |  Cross-border Payments

With every innovation, the world gets a little bit smaller and interconnected.  And with the news Monday (April 8) that Kyriba and Onyx, a J.P. Morgan business unit, are collaborating...

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Xoom Users Can Now Make Transfers With PayPal Stablecoins
Xoom Users Can Now Make Transfers With PayPal Stablecoins
April 04, 2024  |  Cross-border Payments

Cross-border money transfer service Xoom now lets users make transactions with PayPal’s USD stablecoin. Xoom, owned by PayPal, said in a Thursday (April 4) press release that the...

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PayPal Weighs Sale of Cross-Border Business Xoom
PayPal Weighs Sale of Cross-Border Business Xoom
May 17, 2023  |  Cross-border Payments

PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and...

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PayPal Buy Now, Pay Later Grabs $6B of Payment Volumes, Up 70%
PayPal Buy Now, Pay Later Grabs $6B of Payment Volumes, Up 70%
May 08, 2023  |  Earnings

PayPal’s latest earnings results show users are transacting more often, and buy now, pay later is increasingly embraced at checkout. The company’s earnings materials show...

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PayPal’s Xoom Teams With Visa on X-Border P2P
PayPal’s Xoom Teams With Visa on X-Border P2P
January 12, 2023  |  Payment Methods

Xoom now lets U.S. customers send money to eligible Visa debit cards in 25 countries. The new service meets consumers’ growing demand for quick, easy...

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