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."
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."
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."
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.
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.
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."
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."
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."
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."
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."
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."
PR Newswire
"PayPal Holdings Inc. announced an expanded collaboration with Global Payments Inc. aimed at transforming checkout experiences. This partnership will see Global Payments offer their U.S. merchants enhanced PayPal and Venmo branded checkout solutions and accelerated guest checkout through Fastlane by PayPal."
The Block
"PayPal completed its first business transaction using the PYUSD stablecoin when the digital payments firm paid an invoice to accounting giant Ernst & Young. The Silicon Valley-based company is trying to demonstrate the ease of using its proprietary stablecoin for commercial transactions."
Digital Transactions
"Beginning next summer, PayPal Holdings Inc. will begin sharing more personalized shopper information with merchants, as outlined in its recently updated PayPal Privacy Statement. Data such as products, preferences, sizes, and styles will be shared with merchants to “help improve your shopping experience and make it more personalized for you,” the updated privacy statement says."
Reuters
"PayPal Holdings announced it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts."
PayPal Newsroom
PayPal unveiled PayPal Complete Payments, a safe and efficient all-in-one platform that integrates a range of customized products and solutions to support Chinese merchants in selling globally. This platform streamlines payment and receivables processes for businesses of all sizes in China, empowering them to thrive in cross-border trade and the digital economy.
Creative Boom
"PayPal has unveiled a striking new identity. The new look is about more than just aesthetics – it reflects PayPal's core mission: making financial transactions simple, seamless, and secure for everyone."
TechCrunch
"Amazon’s Buy with Prime program, which lets shoppers with a Prime membership purchase items from third-party stores and check out using their Amazon account, is getting a new payment option: PayPal."
The Crypto Times
"PayPal and Venmo have incorporated the Ethereum Name Service (ENS) into their platforms, enabling users to send cryptocurrency by simply entering a readable ENS name rather than a complicated wallet address."
PayPal Newsroom
"PayPal Holdings Inc. announced an expansion of its global strategic partnership with Shopify Inc. in the U.S. PayPal will become an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments, a solution for marketplaces and platforms comprised of flexible and powerful developer tools."
PR Newswire
"PayPal ushered in a new era for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online. PayPal is expanding its reward program and its availability to deliver an omnichannel solution to give consumers a smart choice for every purchase, every time."
PR Newswire
"Building on a longstanding partnership between the two companies covering several products and services and millions of businesses, the expanded relationship simplifies how Fiserv clients enable PayPal, Venmo and related services, and provides these businesses with a simple connection point to Fastlane by PayPal to accelerate guest checkout flows in the U.S."
Newsweek
"A majority of Venmo and PayPal app users have reported being scammed, according to new research from Security.org. In 2024, 83 percent of Americans reported being scammed or targeted, which was a significant jump from the 68 percent who said the same in 2023 and 48 percent in 2022."
PR Newswire
"PayPal Holdings, Inc. announced the strengthening of its global strategic partnership with Adyen. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest checkout flows for its enterprise and marketplace customers in the U.S., with plans to extend this offering globally in the future."
PR Newswire
"PayPal Holdings, Inc. announced that Fastlane by PayPal is now available for U.S. businesses of all sizes utilizing PayPal's decades of payment expertise to innovate and accelerate the guest checkout experience – allowing users to complete their purchase in as little as one click."
MSN
"PayPal used an unfair term in its standard contracts with Australian small businesses over a more than two-year period, the Federal Court has determined."
PayPal Newsroom
"PayPal Holdings, Inc. announced that PayPal USD is now available on the Solana blockchain, making PayPal's stablecoin faster and cheaper to use."
PayPal Newsroom
"Xoom, PayPal's cross-border money transfer service, announced that U.S. users now have the option to fund money transfers to friends and family abroad using USD converted from PayPal USD (PYUSD), a U.S. dollar-denominated stablecoin."
PayPal Newsroom
"PayPal Holdings, Inc. announced it has added new features to its complete payments solution for small businesses. The solution enables small businesses to accept a range of payments including PayPal, Venmo and PayPal Pay Later products."
Visa
"Visa+ is now live with PayPal, Venmo and DailyPay in the U.S. Astra, Brightwell, Cross River Bank, Current, Fiserv, i2c and Tabapay will expand Visa+ to new use cases."