Archives

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

August 30, 2021 @ 11:59 am By JD Alois  |  

Shares in PayPal (NASDAQ:PYPL) are rising following the report that the Fintech is preparing to launch stock trading. PayPal already features crypto trading so a move towards traditional assets, alongside digital assets, may make a lot of sense to the global payments firm. According to… Read More

August 25, 2021 @ 2:26 pm By Tony Zerucha  |  

Even though Bitcoin had shown some positives until recently, there are reasons for concern, GlobalBlock sales trader Marcus Sotiriou said this week. Sotiriou said Bitcoin closed another day above the 200-day moving average on Monday, while also completing a support/resistance flip of the $48,000 level… Read More

August 23, 2021 @ 8:49 am By JD Alois  |  

PayPal UK  (NASDAQ: PYPL) will start offering its users the ability to buy, sell and hold crypto beginning this week according to the company. While PayPal has already commenced crypto trading in the US this is the first international location for the global Fintech. The… Read More

August 12, 2021 @ 4:54 pm By Tony Zerucha  |  

PayPal and Venmo are now accepted forms of payment at each of Giant Eagle’s 474 supermarket and GetGo locations, the chain announced today. With this announcement, Giant Eagle and GetGo become the first grocery and convenience store chains in the U.S. to offer customers the… Read More

August 1, 2021 @ 7:04 pm By Omar Faridi  |  

PayPal Holdings, Inc. (NASDAQ: PYPL) announced its Q2 2021 results on July 28, 2021, for the period ended June 30, 2021. As noted in the announcement, the earnings release and related materials discussing these results may now be accessed at its investor relations website. PayPal… Read More

May 26, 2021 @ 11:14 am By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ:PYPL) announced on Wednesday it will invest an additional $50 million in 11 Black- and Latinx-led early-stage venture capital funds, including Aperture Venture Capital; Collab Capital; Interlace Ventures; Kapor Capital; MaC Venture Capital; Noemis Ventures; Seae Ventures; SV LATAM Capital; and three… Read More

May 14, 2021 @ 8:53 am By Samantha Hurst  |  

    Happy Returns, a U.S.-based returning product startup, announced on Friday it has been acquired by PayPal Holdings, Inc. (NASDAQ:PYPL). Founded in 2015, Happy Returns seeks to retain revenue, reduce cost, give shoppers choice, and make supply chains sustainable by making returns “beautiful” for… Read More

April 30, 2021 @ 10:14 pm By Samantha Hurst  |  

  Coinbase (NASDAQ:COIN), the largest crypto exchange in the U.S., announced on Thursday  it is now allowing its customers to buy crypto on its platform using their debit cards and bank accounts linked to PayPal. The company revealed more details about the option by stating:… Read More

April 20, 2021 @ 8:04 am By JD Alois  |  

Crypto on Venmo is launching today. PayPal’s peer-to-peer transfer platform will now allow Venmo’s 70+ million users to buy, hold, sell crypto within the app thus morphing Venmo into a crypto wallet. For retail uptake, this should be a boon for users as Venmo is… Read More

March 30, 2021 @ 9:07 am By Samantha Hurst  |  

    PayPal Holdings, Inc. (NASDAQ:PYPL) announced on Tuesday the launch of Checkout with Crypto, a new feature that allows customers in the U.S. to check out with cryptocurrency along with other payment methods through the PayPal mobile wallet. “Building on the ability to buy,… Read More

March 17, 2021 @ 10:05 am By Samantha Hurst  |  

  Flutterwave, a U.S. and Lagos-based fintech that’s on a mission to build payments infrastructures to connect Africa to the global economy, announced on Wednesday it has joined force with global digital payments giant PayPal. Flutterwave reported that through the partnership, PayPal customers will be enabled to… Read More

February 26, 2021 @ 3:39 pm By Omar Faridi  |  

Dan Dolev, Mizuho senior Fintech Analyst, recently commented on who he thinks might be the long-term “winners” in payments and the wider financial technology space. Dolev, who shared his views and insights with Yahoo Finance, noted that Square is “all about the terminal value.” He… Read More

February 12, 2021 @ 4:11 pm By Omar Faridi  |  

PayPal Holdings Inc (NASDAQ:PYPL) has reportedly stated that they won’t be purchasing cryptocurrencies like Bitcoin (BTC), the payments giant’s CFO John Rainey told CNBC on Thursday (February 11, 2021). Rainey clarified that PayPal would not be investing corporate cash (probably) “in sort of financial assets… Read More

February 8, 2021 @ 10:58 am By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) is reportedly launching a new business unit that is specifically dedicated to cryptocurrency services. According to Bitcoin.com, PayPal CEO, Daniel Schulman, stated during an earnings phone call that the existing financial system is considered outdated and that PayPal will be… Read More

January 4, 2021 @ 2:04 pm By Samantha Hurst  |  

  Venmo, a mobile payment service created by PayPal, announced on Monday the launch of its new check-cashing feature.  According to Venmo, Cash a Check enables the service’s community to access a “quick, easy, and secure” way to cash paper checks. The feature will also… Read More