PayPal

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
post thumbnail

PayPal’s Huge Missed Opportunity Could Be Square’s Gain

PayPal’s (NASDAQ: PYPL) move to acquire Venmo through the purchase of Venmo’s then-parent company Braintree in 2013 got a lot of praise at the time. The mobile payment app was seen as an important asset that would help PayPal solidify its leading position in the mobile payment services industry.

Read More
Why PayPal’s Approval to Enter China’s Payments Market May Be Less Than It Seems

Why PayPal’s Approval to Enter China’s Payments Market May Be Less Than It Seems

PayPal Holdings has become the first foreign payments company to gain a foothold in China, more than a year after Beijing said it would open the space to foreign firms. But the deal may be less than it seems, as PayPal, a leader in U.S. digital payments processing, enters China as a bit player.

Read More
Is PayPal’s Xoom Money Transfer Service a Good Deal?

Is PayPal’s Xoom Money Transfer Service a Good Deal?

PayPal launched its Xoom money transfer service in the UK and 31 other European markets last month. Is it a good deal for people sending money abroad? The answer, when comparing Xoom or any other transfer service, is “it depends.” Nearly $700 billion of remittances are sent across borders each year, changing funds from one […]

Read More
The Pink Portfolio: PayPal Has Bought Itself a Family

The Pink Portfolio: PayPal Has Bought Itself a Family

Introduction In May 2016, I started up the Pink Portfolio for our little girl. She was almost two years old then and she has just become five on June 11. The system is quite simple: my wife and I add 150 per month for her portfolio and buy stocks with it.

Read More
PayPal Annual Revenue by Products and Services

PayPal Annual Revenue by Products and Services

The above graph represents PayPal annual revenue by products and services Transaction revenues and Other value-added services. In 2018, PayPal generated 15,451 million (15.5 billion) in revenue, globally. Interestingly, nearly 89 of the companys total revenue in 2018 came through transactions.

Read More