Tagged: paypal

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PayPal CEO, Daniel Schulman, stated during an earnings phone call that the existing financial system is considered outdated and that PayPal will be… Read More

February 4, 2021 @ 10:56 am By Samantha Hurst  |  

  PayPal Holdings, Inc. (NASDAQ: PYPL) announced this week the release of its fourth quarter and full-year 2020 results. Despite the COVID-19 pandemic, PayPal reported that 2020 has the strongest performance in the payment platform’s history, with Total Payment Volume (TPV) being $936 billion, growing 31%… Read More

January 21, 2021 @ 7:33 pm By Omar Faridi  |  

The team at BitPay, a blockchain payment technology firm that allows users to accept and send Bitcoin and other cryptocurrencies, notes that even though 2020 was a “rollercoaster of a year for the world,” digital currency remains at the “forefront” of the future of finance…. 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

December 31, 2020 @ 5:35 pm By JD Alois  |  

2020 was a challenging year for the entire world. The ongoing health crisis surprised everyone as the world dove into a pandemic, pummeling the global economy and impacting everyone. In many respects, Fintech emerged as a beneficiary of COVID-19. Digital transformation of financial services were… Read More

December 30, 2020 @ 1:26 pm By Samantha Hurst  |  

   PayPal Holdings, Inc. (NASDAQ: PYPL) recently announced its check-cashing fees associated with the PayPal cash-a-check feature are being waived for government stimulus paper check recipients, enabling more customers to access their funds usually within minutes, from the safety of their own home, free of charge. PayPal reported that customers… Read More

December 24, 2020 @ 10:03 am By Samantha Hurst  |  

PayPal’s rumored talks about acquiring BitGo, a digital asset financial services provider, has reportedly fallen through. According to Fortune, rumors began to circulate about PayPal being in talks to acquire BitGo and now the deal will officially not be happening and the cryptocurrency firm is… Read More

December 21, 2020 @ 11:27 am By Samantha Hurst  |  

    Xoom, PayPal’s international money transfer service, announced on Monday its integration with NPIL’s/NPCI’s Unified Payments Interface (UPI), a real-time payment system facilitating inter-bank transactions in India. Xoom reported that Non-Residential Indians (NRIs) and Persons of Indian Origin (PIOs) living in the U.S., Canada,… Read More

December 13, 2020 @ 8:00 pm By Omar Faridi  |  

The COVID-19 pandemic reshaped consumer mentality and habits, especially as it relates to people’s financial needs. But it remains unclear what new habits born out of necessity are here to stay and what will vanish as the pandemic grinds to an eventual halt. We recently… Read More

December 11, 2020 @ 1:10 pm By Omar Faridi  |  

Kinjal Shah, a Senior Associate at San Francisco-based Blockchain Capital LLC, a VC and private equity firm that’s focused on the blockchain or distributed ledger technology (DLT) sector, notes that research shows that only around 34% of Americans still have a “fair amount of trust”… Read More

December 11, 2020 @ 8:09 am By Omar Faridi  |  

Research firm CBInsights has released a new report titled, Unbundling Bank Of America: How The Traditional Bank Is Being Disrupted. The report looks at mortgages, Robo-advisors, trading software, and also examines how Fintech firms have been trying to “unbundle” Bank of America’s front office. According… Read More

December 10, 2020 @ 8:22 am By JD Alois  |  

Starling Bank has added PayPal’s iZettle to its Business Marketplace – the first payment service provider to join Starling., according to a note from the bank. iZettle offers a range of payment and commerce solutions like point of sale systems and invoicing software. Starling Bank… Read More

December 9, 2020 @ 8:03 am By Samantha Hurst  |  

  Xoom, PayPal’s international money transfer service, announced on Tuesday it may now send secure and convenient money transfers directly to mobile wallets in markets across Africa with a focus on the underbanked segment. Xoom reported that the new service expands the company’s offering to… Read More

December 2, 2020 @ 9:06 pm By Omar Faridi  |  

During the past few weeks, Ari Paul, CIO at BlockTower Capital, and Luke Martin, a prominent digital asset trader, have noted that Bitcoin’s (BTC) upward price movements since late October 2020 have mostly taken place during US market hours. A report from Coin Metrics points… Read More

December 2, 2020 @ 11:39 am By Samantha Hurst  |  

Razorpay, an India-based digital bank, has announced its integration with payment giant PayPal. Razorpay reported that its partner businesses may now integrate with PayPal and accept payments from international customers from across 200 markets. “By integrating PayPal into Razorpay’s payment platform, freelancers and MSMEs will… Read More

November 23, 2020 @ 7:44 am By Omar Faridi  |  

Paypal (NASDAQ: PYPL) has reportedly acquired as much as 70% of all the newly mined Bitcoin (BTC) since the payments company began allowing users to purchase digital currencies. These estimates have been provided by Pantera Capital, a prominent hedge fund management firm. The company published… Read More

November 18, 2020 @ 9:49 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has partnered with Even, a salary on-demand platform, so that all of the payment giant’s US workers can get paid early and can also access a budgeting tool via an app. PayPal’s partnership with Even has come after PayPal Ventures took part… Read More

November 13, 2020 @ 10:18 pm By Samantha Hurst  |  

  PayPal (NASDAQ: PYPL) announced on Thursday it has introduced an Amex Send and Split feature. The company reported that this is a new way for it and Venmo customers to send money and split purchases. “We’re always looking for new and exciting ways to make… Read More

November 5, 2020 @ 10:15 pm By Samantha Hurst  |  

PayPal (NASDAQ: PYPL) recently announced it will invest $50 million in eight early-stage, Black and Latinx-led venture capital funds, which are Chingona Ventures; Fearless Fund; Harlem Capital; Precursor Ventures; Slauson & Co.; VamosVentures; Zeal Capital Partners; and one additional fund. According to PayPal, the investments are part of the payment platform’s mission to… Read More

October 26, 2020 @ 10:49 pm By Omar Faridi  |  

SignKeys, a Singapore-based digital asset solutions provider, notes that recent positive news for Bitcoin (PayPal adding support for BTC and other cryptos) may have led to a 15% increase in its price (around $13,000 at the time of writing). SignKeys points out that Bitcoin still… Read More