PayPal

PayPal Smart Buttons Goes Global

Two and a half months ago, PayPal launched Smart Buttons in the U.S. as a way to improve the checkout experience for both merchants and consumers. PayPal made its Buy Button smarter by dynamically presenting consumers with the most relevant payment method at checkout – saving them time.

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PayPal Surpasses 250 Million Active Accounts

PayPal announced earlier this week it recently surpassed 250 million in the total number of active accounts on its global payments platform. The payments giant reported that this is a very important milestone for its company, and a key marker on its journey to fulfill its potential.

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PayPal Surpasses 250 Million Active Accounts

PayPal President and Chief Executive Dan Schulman announced on Thursday (Sept. 6) that the number of active accounts on its platform recently surpassed the 250 million mark. In a company blog post, Schulman said this marks an important milestone for the digital payments company. On Feb.

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Paypal Takes on Fast-growing Market With Australian Gift Card E-store

Payments giant Paypal is taking a tilt at Australia’s digital gift cards market, unveiling an e-commerce store that will offer retailers a new channel in a fast-growing market.

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Americans Keep More Money in PayPal Than Cash in Wallet

Over half (58%) of Americans in our Future of Money study report being current users of PayPal.  According to an article in PaymentsJournal, PayPal accounts for 14% of online payments made in the U.S.  PayPal now reports 237M active accounts, and an average of 34.7 payments per account totaling $2.2B in transactions in Q1’18.

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Square vs Paypal and a Search for the Best Mobile Credit Card Readers

Mobile credit card payment processing is not a niche phenomenon, but an entire movement that mirrors mobile phone usage and growth. According to the Mercator Advisory Group, on their site Payments Journal, In-Store mobile payments are expected to overtake credit cards and grow from a current $75 billion to $503 billion in 2020.

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Uber Is the Latest Frontier in Venmo Monetization Plans

PayPal has been talking for almost a year about letting Venmo users pay with the service for items sold by third parties, but the company has become more aggressive with its efforts in recent weeks. With its latest move, the company is hoping that millennials and others will start paying for Uber rides with the […]

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PayPal Threatened Legal Action Against a Customer for Dying – A ‘Breach’ of Its Rules

Lindsay Durdle died on May 31, succumbing to cancer. But earlier this month, she received a letter from PayPal, saying her death was a breach of its rules—and the service was considering legal action against her.Durdle reportedly owed PayPal £3,240 ($4,299) when she died.

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PayPal to Spend $3 Billion a Year on M&A’s

PayPal Holdings Inc is on the lookout for further acquisitions following its recent takeover of iZettle, the Swedish fintech startup, for $2.2 billion, in the U.S. payments company’s biggest ever deal.

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PayPal Checkout Can Now Be Personalized to Each Shopper

PayPal Checkout can now be personalized to each shopper PayPal today is introducing new checkout technology for e-commerce sites that will dynamically present the most relevant payment method for each customer.

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PayPal Shopping Spree Continues, Buys Simility for $120 Million

PayPal is on quite the buying spree as the company has acquired three companies in about a month. The company said it will pay 120 million in cash for Simility, a fraud prevention and risk management firm. PayPal said Simility will allow it to offer fraud prevention to merchants.

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PayPal Acquires Hyperwallet for $400M

PayPal Holdings Inc. is continuing on its acquisition spree, buying San Francisco-based funds disbursement company Hyperwallet Systems Inc.today for about 400 million in cash.

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