Companies

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."

Tags: PayPal

Companies

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."

Tags: PayPal

Companies

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."

Tags: PayPal

Companies

PayPal and Global Payments Join Forces to Simplify Checkout with Fastlane

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."

Tags: Global Payments Inc. PayPal

Companies

PayPal Executes First Business Transaction Using Its PYUSD Stablecoin: Bloomberg

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."

Tags: PayPal

Companies

PayPal Updates Its User Agreement to Collect More Personalized Information

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."

Tags: PayPal

Companies

PayPal to Allow Cryptocurrency Buying, Holding and Selling for US Merchants

Reuters

"PayPal Holdings announced it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business accounts."

Tags: PayPal

Companies

PayPal Introduces PayPal Complete Payments in China

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.

Tags: PayPal

Companies

Paypal’s New Look: How Pentagram Refreshed the Global Payments Giant

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."

Tags: PayPal

Companies

Amazon Adds PayPal as a Payment Option to Buy With Prime

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."

Tags: Amazon PayPal

Companies

PayPal and Venmo Add ENS for Simplified Crypto Payments

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."

Tags: PayPal Venmo

Companies

PayPal Partners with Shopify to Power a Portion of Shopify Payments in the U.S.

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."

Tags: PayPal Shopify

Companies

Introducing PayPal Everywhere

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."

Tags: PayPal

Companies

PayPal Expands Strategic Partnership With Fiserv to Streamline Checkout Experiences in the U.S.

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."

Tags: Fiserv PayPal

Companies

Majority of Venmo, PayPal Users Report Being Scammed

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."

Tags: PayPal

Companies

PayPal Expands Strategic Partnership with Adyen to Offer Fastlane in the U.S.

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."

Tags: Adyen PayPal

Companies

Fastlane by PayPal Enables a Faster, Simpler Guest Checkout Experience

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."

Tags: PayPal

Companies

Paypal’s Contracts With Australian Small Businesses Were Unfair, Court Finds

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."

Tags: PayPal

Companies

PayPal USD Stablecoin Now Available on Solana Blockchain, Providing Faster, Cheaper Transactions for Consumers

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."

Tags: PayPal

Companies

PayPal Enables PYUSD Stablecoin for Xoom Cross-Border Money Transfers

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."

Tags: PayPal

Companies

PayPal Adds New Features to Its Complete Payments Solution for Online Small Businesses

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."

Tags: PayPal

Companies

Interoperability: Unlocking the Future of Cross-Platform Payments

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."

Tags: PayPal Visa

Companies

Tap to Pay on iPhone Now Available for Venmo and PayPal Zettle Businesses in the U.S.

PayPal Newsroom

"PayPal announced that Tap to Pay on iPhone is now available for all Venmo business profile and PayPal Zettle users in the U.S., enabling them to accept contactless card and digital wallet payments directly on their iPhones with no additional cost or hardware."

Tags: PayPal

Companies

TrustCommerce Adds PayPal and Venmo to Give Healthcare Providers Greater Payment Choice for Patients

PayPal Newsroom

"TrustCommerce, a leading provider of end-to-end integrated healthcare payments and security software, announced that it is adding PayPal and Venmo, in the U.S., to its healthcare-focused payments platform, enabling providers to offer patients additional flexibility and modern payment options."

Tags: PayPal

Companies

PayPal Launches Its Most Advanced Solution for Small Businesses in Canada

Cision

"PayPal Complete Payments launches for small and-mid-sized enterprises in Canada, UK, and over 20 European markets. The solution enables small businesses in Canada to accept a range of payments including PayPal, Apple Pay®1, Google Pay™️2, credit and debit cards, and more than 20 alternative payment methods from around the world."

Tags: PayPal

Companies

BR-DGE and PayPal Collaborate to Enhance the Consumer Payment Experience

Br-dge

"A leading payment orchestration provider, BR-DGE, has announced its integration with PayPal to offer merchants greater payment choice and flexibility at online checkout."

Tags: PayPal

Companies

PayPal Suggests It Will Be Ready to Offer ‘Offline’ Payments When DMA Goes Into Effect

TechCrunch

"PayPal is working on a new consumer app for its mobile customers, and suggested that it will be “ready” to take advantage of the new EU regulation, the Digital Markets Act (DMA), when it goes into effect next month for tech “gatekeepers,” like Apple."

Tags: PayPal

Companies

PayPal and Venmo Unveil Six New Innovations to Revolutionize Commerce

PayPal Newsroom

"PayPal Holdings, Inc. today announced six new innovations the company is piloting and bringing to market this year to revolutionize commerce through artificial intelligence (AI) driven personalization for both merchants and consumers."

Tags: PayPal

Companies

SAP and PayPal Collaborate to Simplify Digital Payments Through the PayPal Braintree Platform

SAP News Center

"SAP announced today it has expanded its integration with financial services company, PayPal, through the creation of a digital payments plug-in for the PayPal Braintree platform built on SAP Business Technology Platform."

Tags: PayPal SAP

Companies

PayPal User Statistics: How Many People Use PayPal in 2023?

The Tech Report

"PayPal ranks among the top Fintech companies worldwide, with an estimated market value of $84.81 billion."

Tags: PayPal