PayPal

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 […]

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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.

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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.

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PayPal Unveils Digital Commerce Platform

Source: PayPal There has been tremendous change in digital commerce in recent years and several things are transforming the next phase of global commerce. The dominance of mobile. The increasing pace of non-cash transactions around the globe. Online and offline commerce converging where online actions lead to offline purchases and vice versa.

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PayPal Has Issued $10 Billion in Small Business Loans

PayPal, the payments technology company has achieved a milestone in small business lending. The company has recently reported it has issued 10 billion worth of 650,000 SME loans to more than 225,000 small business globally. PayPal has reached the milestone a little more than five years since it had offered its first SME loan.

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With PayPal’s Instagram Partnership, Social Media Becomes a Financial Services Channel

Social media platforms are finally becoming distribution channels for financial services. PayPal (PYPL) formally announced on Tuesday it’s powering a new checkout function on Instagram that allows users in the U.S. to buy from merchants directly within Instagram posts and stories and then track and manage their purchases in-app.

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PayPal Can Be a Merchant’s Best Friend

PayPal discovered early on that consumers like convenience and consistency in their buying habits.

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Holiday Shoppers Boost Mobile Volume on PayPal

Black Friday to Cyber Monday proved to be a mobile payments bonanza on PayPals platform. As the following Mobile Marketing article reports, mobile volume set records for the beginning of the holiday shopping season.

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PayPal Mobile Payments Get a $2B Holiday Boost

PayPal is apparently rocking it so far during the fourth-quarter commerce season. That’s not only meaningful for PayPal.

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Amex, PayPal Partner for Pay With Rewards, P2P Transactions

American Express and PayPal have announced a partnership that will improve the digital payments experience for U.S. American Express Card Members paying with PayPal and Venmo.

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PayPal Raises Venmo Fee. Users Rant.

PayPal Holdings Inc. increased a Venmo fee as part of a broader push to make money from the fast-growing mobile payment service, prompting backlash from users on social media.PayPal said it will charge 1 percent when Venmo account holders transfer money quickly to their bank accounts, starting Nov. 6.

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PayPal, Walmart Partner on Payments

For 73 percent of Americans, participating in the digital economy is easy. All they have to do is secure internet access, enter their relevant credit, debit or bank account numbers with the merchants and service providers they want to buy from, and set up their mobile banking app.

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