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A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
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July 28, 2025
On the wires
PayPal Drives Crypto Payments into the Mainstream, Reducing Costs and Expanding Global Commerce
PR Newswire
"Businesses around the world lose billions annually in cross border fees while navigating a complex banking system to make and accept payments. PayPal is simplifying cross-border commerce for merchants by connecting an unmatched combination of cryptocurrencies, digital wallets, and merchants worldwide, while simultaneously reducing transaction fees by up to 90%. Pay with Crypto, powered by PayPal, connects merchants to a $3+ trillion market, by enabling instant crypto to stablecoin or fiat conversion."
July 25, 2025
On the web
From Solopreneur to Large Enterprise: PayPal Open Sparkles in Campaign Unveiling a Unified Platform for All Business [Video]
PayPal Newsroom
"PayPal Open - a new platform designed as a single stop for essential business solutions, from payment processing to financial tools. The move signifies PayPal’s ongoing shift from a payments provider – a simple button at checkout – to an innovative and effective e-commerce partner that helps businesses grow and scale their operations effectively. PayPal Open is now available in the US, Germany, and the U.K. It will begin rolling out in more markets later this year and into 2026."
July 24, 2025
On the web
PayPal and Wix Advance Strategic Relationship to Deliver Unified Payments Experience for Merchants
PayPal Newsroom
"Wix.com Ltd., the leading SaaS website builder platform globally, announced an expansion of its partnership with PayPal Holdings Inc., bringing additional online payment options to merchants through Wix Payments. Now available as a built-in part of Wix Payments, this provides U.S.-based merchants a unified, seamless experience that simplifies backend operations and ultimately supports higher checkout conversion."
July 23, 2025
On the wires
Introducing PayPal World: A Global Platform Connecting the World’s Largest Payment Systems and Digital Wallets, Starting With Interoperability to PayPal and Venmo
PR Newswire
"PayPal has unveiled a series of global partnerships that will connect many of the world's largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo. The first payment systems and digital wallets that will launch with PayPal World are (in alphabetical order): Mercado Pago (MOU signed – further details being scoped), NPCI International Payments Limited (UPI), PayPal, Tenpay Global, Venmo"
July 21, 2025
On the web
Kenya: M-Pesa Partners With PayPal for Cross-Border Payments
Africa News Agency
"On July 21, Kenya’s leading mobile money platform, Safaricom’s MPesa, partnered with PayPal, enabling over 30 million users to send and receive money globally. This integration enhances cross-border fintech capabilities and supports e-commerce growth across Africa. The move reflects growing investor confidence in African digital finance and positions Kenya as a regional fintech hub amid rising demand for interoperable global payment solutions."
Introducing AI-Powered Scam Alerts for Friends and Family Payments
PayPal Newsroom
"PayPal has launched AI-powered, dynamic scam detection for PayPal and Venmo Friends and Family payments, enhancing protection for our customers around the world. Designed to proactively alert customers to potential scams and prevent losses in real-time, the alerts intervene when it matters most – before any funds are sent."
June 26, 2025
On the wires
Big Ten and Big 12 Enter Historic Partnerships With PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model
PayPal Newsroom
"PayPal today announced multi-year agreements with the Big Ten and Big 12 Conferences that will modernize the distribution of institutional payments from universities to student-athletes in a new revenue-sharing model. The new institutional payments initiative enables athletic departments to seamlessly dispense payments through PayPal, ensuring a secure, efficient, and transparent way to distribute funds to payees."
June 25, 2025
On the wires
Taco Bell Introduces PayPal and Venmo as New in-App Payment Options with Exclusive 20% Cash Back Summer Offer
PayPal
"Today, PayPal announced it has teamed up with Taco Bell to deliver a fast, secure, and deliciously rewarding way to pay in the Taco Bell app and website. Now, Taco Bell customers can choose to pay with PayPal or Venmo, giving them more choice and rewards while delivering a quick and easy checkout experience."
June 5, 2025
On the wires
Mastercard and PayPal to Partner on Mastercard One Credential to Supercharge Choice at Checkout
Business Wire
"Mastercard and PayPal are teaming up to offer shoppers more choice and control over how they check out. Mastercard has innovated One Credential so that consumers can use a single credential that delivers multiple ways to pay and tailor their payment preferences. Now, Mastercard and PayPal will have the opportunity to codevelop new features utilizing Mastercard’s One Credential and bring these solutions to more consumers."
June 4, 2025
On the web
Venmo Introduces New Debit Card Benefits and Payment Options as Rival Cash App Struggles
TechCrunch
"The PayPal-owned payment platform debuted new debit card benefits and expanded the ability to make payments with retailers such as TikTok Shop and Uber. The revamped Venmo Debit Card, now features a tap-to-pay capability. Additionally, cardholders now get 15% cash back at Lyft, McDonald’s, Sephora, Walgreens, and Walmart. Venmo also rolled out the option for cardholders to initiate automatic transfers, enabling them to schedule transfers and set specific balance thresholds that automatically trigger reloading when the balance falls below a certain level."
June 3, 2025
On the web
PayPal Enhances Popular Online Credit Offering with New Physical Card for In-Store Use
PayPal
"PayPal announced that PayPal Credit can now be used everywhere with the introduction of a new physical card, issued by Synchrony. This expands its popular digital PayPal Credit offering to use both online when checking out with PayPal and in-store and everywhere Mastercard® is accepted."
May 28, 2025
On the web
PayPal Gets RBI Nod for Cross-Border Transfers—Who Benefits and How
NewsBytes
"PayPal Payments (PayPal), the Indian arm of PayPal Holdings, has received in-principle approval from the Reserve Bank of India (RBI) to operate as a cross-border payment aggregator. Another fintech firm, Worldline ePayments India, also announced that it has received RBI's approval to operate under the Payment and Settlement Systems Act, 2007."
May 16, 2025
On the wires
PayPal Complete Payments Launches for Singapore Businesses to Double Down on E-commerce Growth
PR Newswire
"PayPal Complete Payments is now available for all businesses in Singapore. The full-stack payments solution is tailored for small and medium businesses (SMBs) and large enterprises to extend their reach globally, allowing merchants to accept payments from customers in over 200 markets while reducing complexity and managing risk, with just a single customizable integration."
May 9, 2025
On the web
dLocal Expands PayPal Partnership to Unlock Payments in 40 New Markets
TechAfrica News
"dLocal announced an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets. By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments, previously known as Braintree, can now easily accept cards and process local and alternative payment methods across Latin America, EMEA, and APAC markets without needing to establish local entities."
May 6, 2025
On the web
dLocal and PayPal Expand Access to Local Payments Across Emerging Markets
dLocal
"dLocal announced an expanded relationship with PayPal to offer businesses access to payment processing and local payment methods in more than 40 new untapped emerging markets. By leveraging dLocal’s platform, global customers of PayPal Enterprise Payments, previously known as Braintree, can now easily accept cards and process local and alternative payment methods across Latin America, EMEA, and APAC markets without needing to establish local entities."
May 5, 2025
On the web
“Better Than Cash”: PayPal Announces Plans to Revolutionize In-Store Payments in Germany
PayPal Newsroom
"PayPal is expanding in physical stores across Germany this summer. One of the most trusted brands in Germany, PayPal announced plans to bring everything consumers love and trust about PayPal in store. In the coming weeks, PayPal’s first-ever contactless mobile wallet will launch nationwide, available to PayPal consumers in Germany before anywhere else in the world."
May 2, 2025
On the web
Venmo Gaining Ground in Payments as Cash App Struggles [Video]
CNBC
"In the increasingly crowded market for peer-to-peer payments, Venmo is showing momentum while Cash App has hit a rough patch. The parents of both businesses reported quarterly results this week. PayPal, which owns Venmo, reported an earnings beat and kept its forecast for the year. Block, meanwhile, plummeted in extended trading on Thursday after the Cash App parent missed on revenue and issued disappointing guidance. "
April 30, 2025
On the web
PayPal Brings Together Developers, AI Leaders to Power Agentic Commerce at Dev Days
PayPal
"PayPal Holdings, Inc. announced it is leading the agentic commerce revolution by providing developers and merchants with innovative tools to create next-generation shopping experiences. Developers can now enable agentic AI experiences that allow customers to pay, track shipments, manage invoices, and more, all powered by PayPal and within an AI agent."
April 25, 2025
On the web
PayPal and Coinbase Expand Partnership to Drive Innovation of Stablecoin-based Solutions
PayPal Newsroom
"Coinbase platforms to provide fee-free purchases and easy 1:1 redemption of PayPal USD while companies jointly explore new payment use cases"
April 15, 2025
On the web
PayPal and TerraPay Partner to Expand Access to Cross-Border Payments across Middle East and Africa
TerraPay
"PayPal announced a strategic partnership with TerraPay, a leading global money movement company, to enable real-time fund transfers for PayPal customers across the Middle East and Africa. This partnership aims to drive economic growth by making cross-border transactions faster, easy to use and more accessible by connecting banks, mobile wallets, and financial institutions."
April 10, 2025
On the wires
PayPal Doubles Down on Checkout and Pay Later with New Will Ferrell Campaign and Biggest Sweepstakes Ever
PR Newswire
"PayPal has been transforming checkout to make paying with PayPal fast, easy, and even more rewarding both online and in-store. Now, PayPal, one of the most ubiquitous leaders in checkout, is further enhancing the experience and giving customers broad choice and flexibility with added features for users to pay now or pay later."
April 8, 2025
On the web
PayPal All in on Cross-Border Digital Services
ECNS
"PayPal is doubling down on the cross-border digital payment sector in China, and will bring more advanced global products and services to the Chinese market to help Chinese merchants expand their presence in overseas markets. Last year, the company launched PayPal Complete Payments in China, integrating a suite of cross-border payment products and solutions tailored for cross-border enterprises."
February 26, 2025
On the web
PayPal Plans to Use Stablecoin for Merchant Payments, Mass Payouts
Ledger Insights
PayPal held its first investor day under new CEO Alex Chriss, where it briefly touched on its cryptocurrency activities. To date, the stablecoin has mainly been used within the crypto ecosystem, despite being available via the PayPal app and Venmo. PayPal intends to change that by rolling it out for B2B use cases. Currently the market capitalization is just over $700 million.
February 25, 2025
On the web
PayPal and J.P. Morgan Payments Broaden their Strategic Relationship to Launch Fastlane and Expand Merchant Acquiring in the UK and European Markets
PayPal Newsroom
PayPal Holdings, Inc. and J.P. Morgan Payments announced the expansion of their strategic relationship. J.P. Morgan Payments plans to offer Fastlane by PayPal for its merchant clients in the UK and Europe. In addition, PayPal is planning to expand merchant acquiring to businesses across the UK and European markets by leveraging J.P. Morgan Payments’ industry leading Commerce Platform.
Introducing PayPal Open: The Unified Payments and Growth Platform for Businesses of All Sizes
PayPal Newsroom
"PayPal announced its new merchant platform, PayPal Open, one platform for all businesses. Companies of all sizes, from small businesses to the world's largest, most influential brands will be able to access PayPal Open to fuel commerce and help grow their business. By unifying all of PayPal's merchant offerings under a single platform, businesses of all sizes will be able to discover and implement solutions based on their unique needs."
PayPal and Verifone Unveil a Comprehensive Omnichannel Solution for Enterprise Merchants Around the Globe
Verifone
"PayPal and Verifone announced an expanded partnership to deliver omnichannel payment acceptance solutions to enterprise merchants. This partnership will bring together Verifone’s in-person payment assets with PayPal’s enterprise payment processing and e-commerce capabilities, known as Braintree, to offer merchants an scalable omnichannel payments acceptance solution."
January 7, 2025
On the web
PayPal Dominates Mobile Payments in the US
EMarketer
"PayPal is the most popular mobile payment app that US adults typically use, with over twice as many users as the next most popular choice, Venmo, according to November 2024 data from YouGov."
November 21, 2024
On the web
PayPal Restores Services After Two-Hour Global Outage Disrupting Crypto and Venmo
Finance Magnates
"Payments firm PayPal (PYPL.O) announced it had resolved a global outage that disrupted services for nearly two hours today (Thursday). The issue began at 1053 GMT. It affected multiple PayPal products, including account withdrawals, the Venmo peer-to-peer payment service, online checkout, and cryptocurrency services. By 1259 GMT, PayPal confirmed that the issue had been resolved."
November 19, 2024
On the web
PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom
PayPal Newsroom
"PayPal announced it will be enabling disbursement partners to use PayPal USD (PYUSD) to settle cross-border money transfers made with Xoom. Cebuana Lhuillier and Yellow Card will be the first Xoom disbursement partners to use PYUSD to settle cross-border money transfers, allowing them to leverage the cost and speed advantages of blockchain technology."
November 14, 2024
On the web
PayPal Once Again Lets You Pool Money From Others to Pay for Things Together
TechCrunch
"PayPal is launching a few features that let users in groups pool money with friends or family, to collectively pay for trips, travels, gifts, and anything else. The company is launching this feature in the U.S., Germany, the U.K., Italy, and Spain ahead of the holiday season."
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