Archives

January 3, 2023 @ 10:31 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced it has granted equity awards on December 15, 2022, under its 2022 Inducement Equity Incentive Plan to new employees who joined PayPal. The grants were previously “approved by the Compensation Committee of the Board of Directors of PayPal Holdings, Inc.”… Read More

December 18, 2022 @ 5:49 pm By Omar Faridi  |  

ConsenSys, a Web3 company, announced that U.S. MetaMask users will be able to purchase crypto (ETH) from “within the app” using PayPal. MetaMask will reportedly “be the first Web3 wallet to leverage PayPal to drive more successful on-ramp transactions.” Initially available to select PayPal users… Read More

December 9, 2022 @ 8:11 am By Omar Faridi  |  

Luxembourg is a country known for its “strong” focus on innovation and is one of the world’s “leading” financial centers, and PayPal (NASDAQ:PYPL) is pleased to announce that they will be “expanding PayPal’s cryptocurrency services to eligible Luxembourgish customers in the coming days.” The introduction… Read More

November 3, 2022 @ 6:13 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) shares sank today after Q3 earnings failed to convince investors that all is good with the payments provider. PayPal apparently reported OK Q3 numbers, but the guidance worried shareholders. On the other hand, Block, formerly known as Square (NYSE:SQ), moved higher in after-hours… Read More

October 27, 2022 @ 12:52 pm By JD Alois  |  

After claiming it was a mistake, PayPal (NASDAQ:PYPL) has re-animated its $2500 penalty for each violation of its Acceptable Use Policy. Once again, Twitter users slammed the overreach of the financial services firm. PayPal added the $2500 fine for misinformation back to their terms, after… Read More

October 26, 2022 @ 10:53 am By Omar Faridi  |  

Amazon’s (NASDAQ: AMZN) U.S. customers will soon be able “to add their Venmo account as a payment method.” At Venmo, they’re consistently “focused on giving you more ways to use Venmo in your daily life.” Today, they’re pleased to introduce the ability “to pay with… Read More

October 20, 2022 @ 5:05 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced the introduction of PayPal Rewards, a new unified rewards program that gives customers “an easy way to shop, earn, track, save, and redeem rewards and offers all in one place – their PayPal app.” PayPal Rewards “connects PayPal’s merchant… Read More

October 19, 2022 @ 10:39 am By JD Alois  |  

Earlier this month, PayPal (NASDAQ:PYPL) was slammed for its authoritarian Acceptable Use Policy that was slotted to take effect next month. PayPal decided that it could charge users $2500 – per infraction – if they said or commented on anything PayPal did not concur. PayPal’s… Read More

October 8, 2022 @ 6:58 pm By JD Alois  |  

PayPal’s (NASDAQ:PYPL) forthcoming Acceptable Use Policy is garnering outrage on Twitter as users must agree to monetary penalties for crossing the PayPal moral guidance line. A new Acceptable Use Policy, to take effect on November 3, 2022, states: “You are independently responsible for complying with all… Read More

September 13, 2022 @ 9:59 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced that John Kim will join the company as Executive Vice President, Chief Product Officer, “effective September 26, 2022.” Kim reportedly “brings unique skills and experience building foundational consumer products and marketplaces from the ground up.” Throughout his career, he… Read More

August 5, 2022 @ 3:18 pm By Omar Faridi  |  

State Farm, the largest insurer of vehicles and homes in the US, announced the expansion of its Digital Pay solution to “include claim payouts delivered instantly into a customer’s PayPal account.” Through Digital Pay, claims can “be reviewed, approved, and paid digitally.” Customers can “choose… Read More

June 15, 2022 @ 11:37 am By Omar Faridi  |  

After the appointment of Jason Levy to lead its Strategic Development and Partnership plans in the charity sector, digital payments provider PayPoint is launching PayPoint Donate. PayPoint Donate brings together a digital solution to offer charities and their supply partners with an integrated platform to… Read More

April 6, 2022 @ 8:47 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced the introduction of the new PayPal Cashback credit card, “issued by Synchrony, which gives customers even more cash back when they shop with PayPal.” With the new card, customers earn “unlimited 3% cash back when paying with PayPal at checkout… Read More

March 12, 2022 @ 2:36 pm By JD Alois  |  

PayPal (NASDAQ:PYPL), a global payments provider that continues to offer a growing amount of Fintech services, says it will block wallets in Russia beginning on March 18th. The news follows an ever-increasing number of financial services firms that have temporarily shut down services or blocked offerings… Read More

January 5, 2022 @ 6:41 pm By JD Alois  |  

Ian Miles Cheong, an independent journalist who is active on Twitter and writes for the Post Millennial, has been banned by PayPal (NASDAQ:PYPL), allegedly due to his political beliefs. Cheong currently has almost 300,000 Twitter followers and frequently comments on current events in the political… Read More

November 8, 2021 @ 4:38 pm By JD Alois  |  

PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at… Read More

November 4, 2021 @ 7:45 pm By Tony Zerucha  |  

The TokenPocket app was removed from the App Store this week due to what appears to be a disagreement between the company and payments giant PayPal. In a statement on its website dated Nov. 4, TokenPocket said its app was removed from the App Store… Read More

October 7, 2021 @ 3:19 pm By Omar Faridi  |  

United and PayPal (NASDAQ: PYPL) revealed that they’ve introduced a new way to carry out touch-free inflight purchases, even in areas that don’t have Wi-Fi. Starting next month, United clients on select flights may simply show a flight attendant the PayPal QR Code in the… Read More

October 6, 2021 @ 8:08 pm By Tony Zerucha  |  

The value of hacked PayPal accounts has surged in 2021, while verified cryptocurrency accounts will cost you a pretty penny, research analyzed and originally published by wette.de reveals. In September, such an account was worth 9.2 cents for every dollar in the account. That is… Read More

September 8, 2021 @ 2:29 pm By JD Alois  |  

PayPal (NASDAQ: PYPL) has announced the acquisition of buy now, pay later (BNPL) firm Paidy for $2.7 billion (¥300 billion) – mainly in cash. BNPL services have boomed in popularity as the services has emerged as an alternative to expensive credit card transactions. Paidy offers… Read More