Archives

October 21, 2020 @ 10:23 pm By JD Alois  |  

Today’s news that PayPal (NASDAQ:PYPL) will start allowing it’s over 360 million users to use crypto placed a firm stamp of establishment approval on digital currency. PayPal partnered with Paxos to provide the service – a digital asset firm that has always placed regulatory compliance… Read More

October 21, 2020 @ 11:29 am By JD Alois  |  

With the announcement that PayPal will now enable trading and payments in crypto, the world’s most popular digital currency – Bitcoin has jumped in price. At last glance, Bitcoin is trading over USD$ 12,700 – earlier today it was under $12,000. Shares in PayPal neared… Read More

October 21, 2020 @ 9:39 am By JD Alois  |  

  PayPal (NASDAQ:PYPL) has partnered with Paxos to allow users to buy, hold, sell crypto, and pay in crypto by using the PayPal wallet in a new partnership with Paxos. The decision to incorporate digital assets is another sign of corporate acceptance of digital currency…. Read More

October 14, 2020 @ 3:15 pm By Samantha Hurst  |  

PayPal announced on Wednesday the launch of PayPal Pay in 3, which will enable UK businesses of all sizes to offer buy now, pay later payments without taking on additional risk, or paying additional fees. PayPal reported through PayPal Pay in 3, businesses can offer… Read More

September 21, 2020 @ 9:55 am By Samantha Hurst  |  

Cryptocurrency exchange bitFlyer Europe announced on Monday it formed an integration with global payments platform PayPal. bitFlyer reported that the integration allows PayPal’s European users to be able to deposit funds to the bitFlyer Europe platform to purchase cryptocurrencies safely and securely. The crypto portal… Read More

September 10, 2020 @ 10:18 am By Samantha Hurst  |  

Visa Inc (NYSE: V) announced on Thursday it has extended its partnership PayPal (NASDAQ: PYPL) to the provider what it believes is faster access to funds around the world. The partnership expansion notably follows the successful launch of the Instant Transfer service across North America, as… Read More

August 31, 2020 @ 11:28 am By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Monday the launch of its new interest-free buy now pay later installment solution, Pay in 4. According to PayPal, Pay in 4 enables merchants and partners to get paid upfront while enabling customers to pay for purchases… Read More

July 31, 2020 @ 4:18 pm By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced on Thursday CVS Pharmacy will be the first national retailer to integrate PayPal and Venmo QR code technology in its checkout experience at all of its 8,200 standalone stores across the country. PayPal reported that using PayPal QR… Read More

July 2, 2020 @ 8:34 am By Samantha Hurst  |  

PayPal (NASDAQ: PYPL) announced on Thursday it is expanding its “buy now, pay later” solutions to France, with a new installment product that will enable customers to split purchases into four equal payments over three months, nearly anywhere PayPal is offered. According to PayPal, the… Read More

June 30, 2020 @ 2:05 pm By Samantha Hurst  |  

Singapore-based blockchain developer Pundi X announced on Tuesday its blockchain-based point-of-sale device, the XPOS, is now capable of supporting  PayPal (NASDAQ:PYPL). According to Pundi X, the XPOS has been providing scores of brick-and-mortar stores with an alternative payment method to cash by allowing them to… Read More

June 30, 2020 @ 10:19 am By Samantha Hurst  |  

Global payments platform PayPal (NASDAQ:PYPL) recently announced it has rolled out QR code payments in Canada for small businesses to accept touch-free mobile payments from their customers using the PayPal app. PayPal reported that the new functionality allows customers to buy or sell in-person, safely, and securely… Read More

June 23, 2020 @ 8:08 am By Samantha Hurst  |  

PayPal and Venmo are planning to roll out cryptocurrency buying and selling options through their digital payment platforms, Coindesk reported on Monday. The media outlet revealed that although it is not confirmed which crypto will be offered, sources close to the project have stated they… Read More

June 11, 2020 @ 9:13 pm By Samantha Hurst  |  

PayPal (NASDAQ: PYPL) announced on Thursday it has made a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. PayPal reported as part of its investment, it is… Read More

May 6, 2020 @ 5:19 pm By JD Alois  |  

PayPal (NASDAQ:PYPL)  reported earnings today and according to the company after an initial dip, utilization and user growth is booming. In fact, PayPal says they are signing up around 250,000 customers a day as it becomes an “essential service.” 7.4 million customers were activated during… Read More

April 12, 2020 @ 6:49 pm By Omar Faridi  |  

Fintech firms Intuit and PayPal have been approved by the Small Business Administration (SBA) to distribute funds, which are part of the US organization’s emergency lending and relief program. The funds are being given to businesses in order to help them sustain their operations, following… Read More

March 31, 2020 @ 7:58 am By Omar Faridi  |  

Payments company Square (NYSE:SQ) and Venmo’s parent firm PayPal (NASDAQ:PYPL) are reportedly holding discussions with the US government about potentially using their applications to provide much-needed stimulus payments to American citizens, following the global Coronavirus (COVID-19) outbreak. The new service being proposed by Square and… Read More

February 28, 2020 @ 9:57 pm By Samantha Hurst  |  

Google Cloud announced on Thursday it has opened a new cloud region based in Salt Lake City. Google Cloud revealed that the new region is its 22nd globally and claims it will provide fast and reliable cloud services to customers across the western U.S. While… Read More

February 13, 2020 @ 1:57 pm By Samantha Hurst  |  

FIS (NYSE: FIS), a financial services technology firm, announced on Thursday it is extending its partnership with payments platform giant PayPal to enable millions of cardholders of U.S. financial institutions to participate in PayPal’s Pay with Rewards. FIS reported beginning in the third quarter of… Read More

January 6, 2020 @ 3:43 pm By Samantha Hurst  |  

PayPal announced on Monday it has officially completed its acquisition of Honey Science Corporation (Honey), which is a tech platform for shopping and rewards. As previously reported, Honey is widely known as a useful discovery tool that assists users in finding savings and good deals… Read More

December 20, 2019 @ 11:36 am By Samantha Hurst  |  

Payments platform giant PayPal (NASDAQ: PYPL) announced on Friday it has completed its acquisition of a 70% equity interest in Guofubao Information Technology Co., Ltd. (GoPay). The acquisition notably follows the approval of the transaction by the People’s Bank of China, which took place on September… Read More