Tagged: paypal

CFPB Orders Apple, Google, Amazon, Facebook, Square and PayPal to Hand Over Payments Info

The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

United Becomes First Airline to Offer PayPal QR Codes as Inflight Payment Method

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

Hacked Crypto, Payments Account Costs on the Rise

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

PayPal Pays $2.7 Billion for Japanese Buy Now, Pay Later Firm Paidy

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

epay, a Division of Euronet Worldwide, Integrates PayPal QR Code into its POS Solution

epay, the virtual payments division of Fintech solutions and payments provider Euronet Worldwide, Inc. (NASDAQ:EEFT), recently revealed that it has completed the integration of the PayPal QR Code in their point-of-sale (POS) solution. The new solution is now live in Germany and will be offered… Read More

PayPal Shares Rise Following Report of Forthcoming Stock Trading Feature

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

Bitcoin Takes Breather After Recent Gains; ADA on the Rise?

Bitcoin is taking a breather after a period of growth that saw it return to a value north of $50,000, GlobalBlock sales trader Alexandra Clark said in her latest research notes. After breaking through the $50,000 level on Monday, Bitcoin has fallen back below $48,000,… Read More

Bitcoin Has Short-Term Issues, But Future Still Bright: Analyst

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

PayPal UK Adds Crypto Option for Users, Bitcoin Rises Above $50K

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

PayPal Payment Options to be Offered by ACI Worldwide, a Real-Time Virtual Payment Software Provider

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time virtual payment software and related services, reveals that it will be working with PayPal in order to bring online wallet payment options to ACI’s biller customers including Monroe County Water Authority (MCWA). PayPal and Venmo will… Read More

Venmo to allow automated crypto purchases through credit cashbacks

Users of Venmo, a mobile payments app owned by PayPal Inc, can now automatically buy cryptocurrencies through cashback earned from their Venmo credit cards. Venmo has launched this new feature that could boost crypto purchases among young users. However, unless users make regular and frequent… Read More

UK’s Digital Bank Starling Reveals How It’s Helping Businesses At Festivals

UK’s digital bank Starling notes that with their platform and financial services, clients are able to bank “anywhere.” According to Starling Bank, that’s what makes them a wonderful app for business owners “out and about at festivals.” As part of this ongoing support for the… Read More

Wise Continues to Lower Transfer Fees in USD Drop

Wise, formerly doing business as Transferwise, continues to lower the fee it charges for its users. Earlier today, Wise announced that transfers in dollars, sent anywhere in the world, will now be charged at a lower rate. While banks continue to obfuscate and gouge, Wise… Read More

PayPal, Venmo Now Accepted at Giant Eagle, GetGo

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

PayPal Reports Record Year with $311B in Total Payments Volume in Q2 2021, 400M Active Accounts

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

Indian Fintech Pine Labs Appoints PayPal’s Rangarajan as its Head of Engineering

India’s leading payment gateway Pine Labs has appointed Rangaprasad Rangarajan as the Head of Engineering – Online Payments. The company aims to build an offline-to-online strategy with recent US $600 million fundraisings besides developing world-class payment gateway services to help merchants make a winning omnichannel… Read More

Mainstream Companies Behind Rising Crypto Twitter Chatter

Global cryptocurrency interest continues to grow, and is being propelled by discussion of mainstream companies, research from GlobalData suggests. The company monitored Twitter conversations about “crypto” and found influencer conversations have risen 200 percent during 2021’s first half. PayPal was most mentioned in influencer conversations… Read More

Stripe, PayPal, Grab Execs Establish Angel Investment Network for Early-Stage Startups, Fintechs in Southeast Asia

Senior management professionals from Fintech giants such as Grab, PayPal, and Stripe have all come together to establish an angel investment network that will aim to channel funds towards early-stage ventures based in Southeast Asia. Established with assistance from Saison Capital and Finantier, the Fintech… Read More

P2P App Complaints Soar During Pandemic

Details of an analysis revealed this week by the United States Public Interest Research Group USPIRG) show complaints about peer-to-peer payment apps have grown during the COVID-19 pandemic. Virtual Wallets, Real Complaints analyzed data from the Consumer Financial Protection Bureau’s (CFPB’s) Consumer Complaint Database. In… Read More

PayPal Invests An Additional $50 Million in Black & Latinx-Led Venture Capital Funds As Part of $535 Million Commitment

  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

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