PayPal

PayPal, Visa Expand Instant Transfers for Fast Payouts Globally on All PayPal’s Networks

PayPal, Visa Expand Instant Transfers for Fast Payouts Globally on All PayPal’s Networks

The COVID-19 pandemic continues to put huge stress on people’s and businesses’ finances, and in an effort to meet some of the crunch, today PayPal and Visa announced an expansion of a service to get cash into people’s hands faster.

Read More
PayPal Joins the ‘Buy Now, Pay Later’ Race With New ‘Pay in 4’ Installment Program

PayPal Joins the ‘Buy Now, Pay Later’ Race With New ‘Pay in 4’ Installment Program

PayPal today introduced a new installment credit option for PayPal users called “Pay in 4.” The name itself explains what the service offers — basically, it’s the ability for customers to pay for purchases, interest-free, over four separate payments.

Read More
eBay Can Finally Manage Payments Unhampered by PayPal as Agreement Expires

eBay Can Finally Manage Payments Unhampered by PayPal as Agreement Expires

eBay (NASDAQ: EBAY) announced today that it will begin a massive expansion of the payments processing business on its platform. Until now, the company has faced certain restrictions due to an agreement with PayPal (NASDAQ: PYPL), which has expired.

Read More
New Details About PayPal’s Bitcoin and Crypto Stance Revealed

New Details About PayPal’s Bitcoin and Crypto Stance Revealed

In a letter to the European Commission, payment giant PayPal confirms that it is developing crypto capabilities and supports a harmonized legal framework. PayPal also confirmed that its partnership with Facebook’s Libra brought it closer to the crypto industry.

Read More
PayPal Enters Digital Space With Plans to Offer Direct Crypto Sales

PayPal Enters Digital Space With Plans to Offer Direct Crypto Sales

Recently, the crypto and FinTech spheres were set humming with reports that PayPal and its mobile payment service Venmo could potentially be making an entrance into the digital cash sphere by offering its users the ability to buy and sell cryptocurrencies.

Read More
In a Twist on Contactless, PayPal Rolls Out a QR Code App for Small and Occasional Sellers

In a Twist on Contactless, PayPal Rolls Out a QR Code App for Small and Occasional Sellers

In an effort to reach occasional and very small sellers struggling with restrictions imposed to deal with the novel coronavirus pandemic, PayPal Holdings Inc. on Tuesday launched a Quick Response code capability for its mobile app.

Read More
PayPal and Square Are on a Collision Course

PayPal and Square Are on a Collision Course

(( PayPal NASDAQ:PYPL) and Square NYSE:SQ) saw their payments volumes head in opposite directions in April amid the novel coronavirus pandemic. PayPal saw payment volume increase about 22% last month while the same metric fell about 39% for Square. There’s been a major upheaval in shopping behavior.

Read More
Facebook Tries to Invent PayPal Again With Libra II

Facebook Tries to Invent PayPal Again With Libra II

It wasn’t enough that Facebook saw an immediate and global thrashing of its proposed Libra stablecoin; it then tried to rewrite the digital currency’s framework to make it more appealing. The idea of the social media giant with huge security issues getting into the money game isn’t finding a lot of support, but Facebook keeps […]

Read More
PayPal Accounts Are Getting Abused En-masse for Unauthorized Payments

PayPal Accounts Are Getting Abused En-masse for Unauthorized Payments

Hackers have found a bug in PayPal’s Google Pay integration and are now using it to buy products online and incur unauthorized charges to PayPal accounts. Since last Friday, users have reported seeing mysterious transactions pop up in their PayPal history as originating from their Google Pay account.

Read More
PayPal Completes GoPay Acquisition, Allowing the Payments Platform to Enter China

PayPal Completes GoPay Acquisition, Allowing the Payments Platform to Enter China

PayPal this morning announced it has completed its acquisition of a 70% equity stake in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.), making PayPal the first foreign payment platform to provide online payment services in China. The transaction was approved by the People’s Bank of China on September 30 and has now closed.

Read More
Discover Says Its Cardholders Can Use Their Rewards to Pay When Checking Out With PayPal

Discover Says Its Cardholders Can Use Their Rewards to Pay When Checking Out With PayPal

The major payment card networks have long since come to terms with PayPal Holdings Inc., and now they’re finding ways to put that newfound friendship to use in burnishing their brands with cardholders.

Read More
PayPal and Venmo to Move Into In-store Payments ‘Next Year’

PayPal and Venmo to Move Into In-store Payments ‘Next Year’

PayPal is to begin a major new push into in-store payments next year, under both the PayPal and Venmo brands and using both NFC and QR codes, CEO Dan Schulman has told Axios. Axios asked Schulman if it is important for PayPal to have a place in the physical retail store.

Read More