Tagged: paypal

PayPal Launches “Buy Now, Pay Later” Installment Solution in France

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

Pundi X Is Making PayPal Available on Blockchain-Based POS Devices

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

PayPal Announces Launch of QR Code Touch-Free Payments in Canada

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

PayPal’s Move Into Crypto: Affirmation that Traditional Payment Players Can No Longer Ignore Digital Assets

Digital assets continue to gain traction in the real world. While it will take some time, it is hard to ignore that more institutional money is creeping in and blockchain technology is being viewed as a viable tool to create and manage digital assets including… Read More

KuCoin P2P Fiat Market Supports Buying Crypto With USD Through PayPal

Singapore-based global cryptocurrency exchange KuCoin announced on Wednesday its P2P Fiat Market added support for US Dollars (USD), allowing traders to buy cryptocurrencies like USDT, BTC and ETH with USD through PayPal and other payment methods. According to KuCoin, This is another mainstream fiat currency… Read More

California Fintech Even to Help Workers Achieve Financial Wellbeing, Secures Investments from PayPal, Valar Ventures, Others

Oakland, California based Fintech firm Even aims to improve the financial wellbeing of workers and also wants to help people become better money managers. PayPal Ventures, Valar Ventures, Founders Fund, and Marc Benioff have recently made investments in Even. Even claims it’s the only Fintech… Read More

PayPal & Venmo Reportedly Planning to Roll Out Cryptocurrency Buying/Selling Options

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

PayPal Commits $530 Million to Support Black Businesses, Strengthen Minority Communities, & Fight Economic Inequality

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

Tink Announces Extension of Open Banking Support For PayPal; Scores Strategic Investment

Tink, a Sweden-based fintech that provides APIs to create next-generation banking services, announced on Wednesday it has extended its open banking support for PayPal (NASDAQ: PYPL). According to Tink, the expanded relationship is supported by a second strategic investment from PayPal, carried out in connection… Read More

Fintech ETFs Record Significant Gains as Consumers Stay Home and Shop via Digital Commerce Platforms

As US residents continue to stay home, due to lockdowns following the COVID-19 outbreak, many consumers have been purchasing products and services from online merchants (instead of visiting physical store locations). A significant increase in e-commerce activity has led to the adoption of the latest… Read More

Viva Republic, Manager of Largest South Korean Fintech Firm, Toss, Plans to Secure $200 Million in Additional Funding

Viva Republica Ltd., a company that manages Toss, one of the largest South Korean Fintech firms, is reportedly planning to secure around $200 million in additional funding from investors. This, after acquiring $64 million in August 2019. The company says the funds will be used… Read More

PayPal Reports COVID-19 Driven Growth: Adding 250,000 Customers a Day

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

Google Pay and India’s Digital Payments App PhonePe were Most Frequently Downloaded Fintech Apps in February 2020

Google Pay was reportedly the most downloaded Fintech app (globally) during the month of February 2020 with 15.6 million downloads. It was closely followed by Indian digital payments firm PhonePe’s app which was downloaded 6 million times. For Google Pay, this is notably more than… Read More

Fintech Firms Intuit and PayPal Approved by SBA to Distribute Funds as Part of US Emergency Lending Program, Following Coronavirus Outbreak

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

COVID-19 Response: Square and Venmo’s Parent PayPal are Talking to US Government About Using their Apps to Deliver Stimulus Payments to Americans

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

UK-Based Online Payment Solution Ecommpay Announces Integration With PayPal Commerce Platform

ECOMMPAY, a UK-based online payment solution, announced on Monday it has integrated with PayPal’s new commerce platform. According to ECOMMPAY, the platform is designed to work with other tech platforms, payment networks, banks, and merchants to make payments “easy, reduce friction, and create hassle-free experiences”… Read More

Google Cloud Announces New Multi-Year Contract With PayPal & Opens New Salt Lake City Cloud Region

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

FIS Announces Extension of PayPal Partnership to Enable U.S. Cardholers to Redeem Loyalty Points for Purchases

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

Big Tech Lobbying Firm, Financial Innovation Now, Releases Survey on Payment Apps, a “Vital Part of Everyday Life”

Financial Innovation Now (FIN) represents some of the biggest names in tech when it comes to Fintech. These firms include Apple, Amazon, Google, PayPal, Square, and Intuit. Each of these big tech firms have a strong foothold in providing financial services and many observers expect… Read More

UnionPay Teams Up With PayPal to Accelerate Digital Payments Growth

UnionPay International (UPI) announced on Thursday it has teamed up with PayPal (NASDAQ: PYPL) to accelerate the growth of their networks. According to UPI, PayPal has committed to supporting UPI acceptance globally where PayPal is accepted. Speaking about the partnership’s benefits, Jim Magats, Senior Vice… Read More

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