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Paypal (NASDAQ: PYPT)
PayPal is a leading technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. We put our customers at the center of everything we do. We strive to increase our relevance for consumers, merchants, friends and family to access and move their money anywhere in the world, anytime, on any platform and through any device.
Fastlane by PayPal Now Open to all US Merchants
August 6, 2024PayPal’s one-click-checkout tool Fastlane is now available for U.S. businesses of all sizes. The company announced Tuesday (Aug. 6) that the program — first introduced in January — is now open ...Read moreBranded, Faster Checkout Options Gain Momentum as PayPal, Shopify Report Earnings
August 5, 2024If there’s a common theme emerging among eCommerce platforms this earnings season, it’s that the last moments of a transaction are continually being refined and streamlined. PayPal reported earnings Tuesday (July ...Read moreCE 100 Index Loses 4.1%, Led by Snap’s Post-Earnings Plummet
August 5, 2024Earnings drove the CE 100 Index lower this past week — and almost all segments were under water, so to speak, as markets swooned amid the specter of a slowing ...Read moreEarnings Season Shows Business Demand for Working Capital Remains Robust
August 2, 2024Although all eyes this earnings season might be focused on consumer spending, there are several puts and takes on business demand for working capital, particularly from what might be termed ...Read moreMore Than Half of US Consumers Use P2P Apps to Send Money
August 2, 2024Consumers 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 about fraud are casting a ...Read morePayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024If 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) posted better than expected Q2 ...Read morePayPal Fined $27 Million for Contract Violations in Poland
July 15, 2024A 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 (July 15) press release that it ...Read moreSkipify Names Airbnb and PayPal Vets to Top Exec Roles
July 9, 2024Checkout-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 officer, while Lucy Morse is Skipify’s ...Read moreCourt Ruling: PayPal Australia Unfair to Small Merchants
July 5, 2024Australia’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) is because the contract terms allowed ...Read moreGrocers’ Brick-and-Mortar Engagement Outpaces Retailers’ 2 to 1
June 25, 2024When it comes to shopping, consumers are turning to physical stores more for groceries than any other kind of purchase. By the Numbers For the report “Consumer Interest in an Everyday App,” ...Read more
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Moving Faster Than Ever: Real-Time Payments in the Transportation Industry
August 7, 2024Small to mid-sized businesses (SMBs) in the transportation industry, including trucking and delivery services, face numerous challenges today, such as rising gas prices, staffing shortages, and inflation driving up the ...Read morePayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024If 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) posted better than expected Q2 ...Read moreAppBrilliance Opens Pay-by-Bank Options for Closed-Loop Digital Wallets
July 29, 2024When The Clearing House amended its rules on digital wallets in early May, few in the industry paid much attention. After all, it was little more than a footnote to its ...Read moreStudy: Digital Wallets to Overtake Debit Cards for In-Store Payments by 2027
July 17, 2024Digital wallets have revolutionized the payment space in recent years. They provide an easy, contactless and secure way to make purchases and transfer money through the convenience of smartphones. The method ...Read moreTrending: Next Steps for Apple as It Opens Its Ecosystem in Europe
July 12, 2024For Apple, the iPhone and the App Store have historically been linchpins for its ecosystem — where the hardware is an onramp to a broad range of services that forge ...Read moreEmbedded Lending Puts SMBs at Center of Financial Services Landscape
July 8, 2024The growing importance of seamless, customer-centric financial solutions has transformed today’s digital economy. And innovations like embedded lending have revolutionized the financial services ecosystem by increasingly placing small and medium-sized businesses ...Read moreThis Week in Web3: Growing Crypto Acceptance and Cross-Border Payments
June 12, 2024The state of crypto, just like the crypto market, remains promising – if volatile – in 2024. While many observers may have believed that the crypto space would simply disappear after ...Read moreApple’s Tap to Cash Lets Users Pay By Touching iPhones
June 11, 2024Apple’s new iPhone update will include a new way for users to transmit funds. In addition to the various AI announcements the tech giant made at its Worldwide Developers Conference (WWDC) ...Read moreMaking Sense of the Cost of Cash for Businesses
June 7, 2024Increasingly, the most used wallet in a shopper’s pocket isn’t the leather one. It’s the digital wallet in their phone. That’s also the case with the money they use to pay ...Read moreMoney Magic: How Data-Driven Rewards Are Transforming Digital Payments
June 3, 2024A payment is never just a payment. Increasingly, it is a gateway into a lifelong customer relationship. And with the recent trend across the payments landscape of financial services firms like JPMorgan ...Read more
Sling Money Raises $15 Million for Money Transfer App
August 15, 2024Stablecoin-centric money transfer app Sling Money has raised $15 million in new funds. Sling’s app combines stablecoin technology “with a user-friendly interface” and integration with fiat payment systems for easier money movement, according ...Read moreWise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
August 12, 2024Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most populous nation after pausing that side ...Read morePomelo and Thunes Partner on International Money Transfer Solution
May 9, 2024Pomelo and Thunes have partnered on an international money transfer solution from the United States to the Philippines. This credit-based digital wallet solution provides a remittance method that reduces costs and ...Read morePomelo Officially Launches Product Combining Credit and International Money Transfer
April 22, 2024Pomelo has announced its official launch after several months of private beta. The company is launching with $70 million in seed financing that includes $20 million in venture capital and $50 million ...Read moreWestern Union Marks 100 Concept Stores in Europe
December 6, 2023Western Union says it has expanded its network of concept stores in Europe. The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has 100 concept stores and “company-owned hubs” ...Read moreFTC: Walmart ‘Turned Blind Eye’ to Telemarketing Rule Violations
July 2, 2023Federal regulators have offered new details in a legal action involving Walmart’s money-transfer operations. The Federal Trade Commission (FTC) announced Friday (June 30) that it had amended its year-old complaint against the retail giant, which involves the company’s ...Read moreMoney Transfer Company Wise Reports 37% YOY Increase in Volumes
June 27, 2023Money transfer company Wise increased its customer base by 34% and its volumes by 37% over the last year. During the 12 months ended March 31, the company’s customer base grew ...Read moreMoney Transfer Firm Instant Cash Receives License From UAE Central Bank
May 25, 2023Instant Cash has received a license from the Central Bank of the United Arab Emirates (CBUAE). With this Retail Payment Services and Card Scheme Regulation (RPSCS) Category 2 License, Instant Cash ...Read moreRising P2P Payments Driving Demand for More Seamless Money Movement Options
April 11, 2023Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend a few dollars is a ...Read morePaysera and Ria Team to Help Unbanked Consumers
March 12, 2023Paysera has teamed with Ria Money Transfer to help unbanked customers send and receive money. The partnership, announced Friday (March 10), lets clients send money to 522,000 Ria cash pickup locations ...Read more
Skipify Names Airbnb and PayPal Vets to Top Exec Roles
July 9, 2024Checkout-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 officer, while Lucy Morse is Skipify’s ...Read morePayPal Names Former Walmart Executive Srini Venkatesan as CTO
June 20, 2024PayPal 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). Venkatesan will succeed PayPal’s current CTO, ...Read moreJPMorgan Names PayPal Vet Shivananda as New Tech Chief
June 10, 2024JPMorgan Chase has reportedly named former PayPal executive Sri Shivananda as its chief technology officer. Shivananda will take up the CTO post later this month and succeed A.J. Lang, who announced his retirement earlier ...Read moreUse Cases for Blockchain Gain Momentum as User Experience Simplifies
June 3, 2024End-users of technologies don’t want to think — they just want to use. And out-of-the-box usability is particularly essential when it comes to next generation innovations disrupting payments and commerce. This, ...Read moreInstant Payments Drive Profits for the Small Restaurants That Use Them
May 31, 2024Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary method to send funds. And these ...Read moreTriple-A Taps PayPal’s Stablecoin to Double Payments Volume
May 29, 2024Singapore-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, and facilitate cross-border payments using the ...Read morePayPal Adds Stablecoin to Solana Blockchain
May 29, 2024PayPal 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 use, giving users the choice of ...Read moreStudy Finds Small Business Healthcare Providers Receive 25% of Payments Late
May 9, 2024Increasingly, 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 surveyed for “Small Business Real-Time Payments ...Read moreWhat CFOs Should Know About the Growing Use of Stablecoins
April 30, 2024Stablecoins, 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 to showcase how fiat-backed stablecoins move ...Read moreKlarna Boosts Profits With ChatGPT as BNPL Firms Tap AI
April 8, 2024Klarna is seeing generative artificial intelligence improve its margins, as buy now, pay later (BNPL) firms turn to new digital capabilities to address their profitability challenges. ChatGPT parent company OpenAI shared Friday (April 5) that ...Read more
Apple’s NFC Move Ushers in New Era of POS Competition
August 15, 2024Apple’s move to open up near-field communications (NFC) technology — specifically so that third-party developers can integrate NFC transactions — may turbocharge digital wallets’ momentum. As PYMNTS reported this week, beginning ...Read moreTrustly UK Transaction Value Hits $16 Billion for H1 2024
August 13, 2024Open banking payments firm Trustly says it has seen a surge in transaction value. The company announced Tuesday (Aug. 13) that it processed 13.1 billion pounds ($16 billion) in payments in the U.K. between ...Read moreReport: CFPB Probe of Zelle Expected to Include BofA and Wells Fargo
August 7, 2024The Consumer Financial Protection Bureau (CFPB) is reportedly looking into how some of the biggest U.S. banks handle complaints from customers who dispute transactions made through Zelle. JPMorgan Chase disclosed the CFPB’s investigation of ...Read moreMoving Faster Than Ever: Real-Time Payments in the Transportation Industry
August 7, 2024Small to mid-sized businesses (SMBs) in the transportation industry, including trucking and delivery services, face numerous challenges today, such as rising gas prices, staffing shortages, and inflation driving up the ...Read moreReport: X Working on Adding ‘Payments’ Button
August 6, 2024X is reportedly getting closer to introducing a payment service. The social media platform and aspiring “everything app” is working on adding a “Payments” button to the navigation bar, TechCrunch reported ...Read moreCE 100 Index Loses 4.1%, Led by Snap’s Post-Earnings Plummet
August 5, 2024Earnings drove the CE 100 Index lower this past week — and almost all segments were under water, so to speak, as markets swooned amid the specter of a slowing ...Read moreJPMorgan Chase Evaluates Legal Options as CFPB Scrutinizes Zelle Payments
August 4, 2024JPMorgan Chase could be headed for a dust-up with the Consumer Financial Protection Bureau. In its “Consolidated Financial Statements” for the six months ending June 30, the bank indicated that ...Read moreMore Than Half of US Consumers Use P2P Apps to Send Money
August 2, 2024Consumers 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 about fraud are casting a ...Read moreEBay Uses Pay by Bank to Reach New Gen Z Consumers
August 1, 2024As eBay looks to reach Generation Z and millennials, the online marketplace is turning to pay by bank to meet younger customers’ eCommerce expectations. On a call with analysts Wednesday (July ...Read morePayPal Boosts Revenue Forecasts With New Small Business Features and Apple Pay Integration
July 30, 2024If 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) posted better than expected Q2 ...Read more