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

Companies

Introducing Venmo Groups

PayPal Newsroom

"Venmo announced the introduction of Venmo Groups, a new in-app feature that lets users easily track, split, and manage multiple or ongoing expenses among groups like friends, family, roommates, partners, and more."

Tags: PayPal

Companies

PayPal Faces SEC Action Related to PYUSD Stablecoin

Cointelegraph

"Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin."

Tags: PayPal

Companies

PayPal UK Unit Registers as Crypto Service Provider

Coindesk

"Payments giant PayPal has successfully registered with the U.K. Financial Conduct Authority as a crypto service provider."

Tags: PayPal

Companies

Adyen’s Fighting to Scale and PayPal is Fighting to Keep It

Tearsheet

"Adyen and PayPal are feeling the 2023 heat. While Adyen is battling dropping shares and low revenue growth, PayPal is busy tackling an antitrust lawsuit for violating the US competition laws due to its anti-steering policies."

Tags: Adyen PayPal

Companies

UPS to Acquire Happy Returns, a Leader in Reverse Logistics

UPS-US

UPS announced that it has entered into an agreement to acquire Happy Returns from PayPal. Happy Returns is a U.S.-based software and reverse logistics company that enables frictionless, no-box, no-label returns for merchants and consumers.

Tags: PayPal UPS

Companies

Is PayPal Losing its Grip as the ‘King of Digital Payments’?

Tearsheet

"Dwindling stock performance, new CEO challenges, and class action: How are investors reacting?"

Tags: PayPal

Companies

PayPal Sued in US Consumer Case Over 'Industry-High' Transaction Fees

Reuters

"Payments giant PayPal was hit with a consumer antitrust lawsuit on Thursday in San Jose, California, federal court for allegedly fashioning agreements with e-commerce merchants that artificially maintain high transaction fees."

Tags: PayPal

Companies

PayPal, Venmo Credit and Debit Cards Now Available to Add in Apple Wallet

PR Newswire

"PayPal Holdings Inc. announced that customers now have the option to add their eligible PayPal and Venmo credit or debit cards to Apple Wallet, and begin making payments with a simple tap of their iPhone or Apple Watch."

Tags: PayPal

Companies

PayPal Launches Off-Ramp Service to Streamline Web3 Payments

Blockonomi

"PayPal’s cash-out option, available on wallets, DApps, and NFT marketplaces, debuted on MetaMask. PayPal rolled out its new off-ramp service to simplify Web3 payment transactions, and thus make digital assets more accessible to customers."

Tags: PayPal

Companies

PayPal Finally Launches Apple Pay Support for its Credit and Debit Cards

9to5Mac

PayPal is finally rolling out Apple Pay support to its PayPal credit and debit cards. This move was first announced last year as part of a trio of ways PayPal was planning to expand its adoption of Apple Pay, alongside broader support for Apple Pay online and Tap to Pay on iPhone.

Tags: PayPal

Companies

How PayPal is Using AI to Combat Fraud, and Make it Easier to Pay

ABC News

"Artificial intelligence has been the buzzword of 2023 ever since ChatGPT made its public debut earlier this year, with businesses, schools, universities and even non-profits looking for ways to integrate AI in their operations...We're planning on launching three new products with ties to AI in the next 120 days."

Tags: PayPal

Companies Global

PayPal Challenges Delhi High Court Order Declaring It ‘Payment Systems Operator' Under Prevention of Money Laundering Act

Money Control

"A ingle judge HC bench had ruled that PayPal was liable to be viewed as a payment system operator under PMLA and had to report suspicious forex transactions.

Tags: India PayPal

Companies

Bank of America Assesses Significance of Paypal's USD Stablecoin and Fednow System

Bitcoin News

"Bank of America has provided its analysis of Paypal’s U.S. dollar stablecoin and the Fednow payments system."

Tags: Bank of America Federal Reserve PayPal

Companies

PayPal UK to Halt Bitcoin Purchases Until Early 2024

Cointelegraph

"Cryptocurrency-friendly payments platform PayPal is making some crypto adjustments on its platform in the United Kingdom to comply with local financial regulations."

Tags: PayPal

Companies

PayPal’s Stablecoin Unlikely to See Significant Adoption in the Near Term: Bank of America

Coindesk

"The launch of PayPal’s (PYPL) stablecoin PayPal USD (PYUSD) will drive payments efficiencies and an improved customer experience, but adoption of the cryptocurrency is unlikely to be significant in the near term, Bank of America (BAC) said in a research report on Thursday."

Tags: PayPal

Companies

PayPal Launches U.S. Dollar Stablecoin

PayPal Newsroom

"Fully-backed, regulated stablecoins have the potential to transform payments in web3 and digitally native environments. To address that emerging potential, PayPal today announced the launch of a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD)."

Tags: PayPal

Companies

Microsoft Deepens Relationship with PayPal to Offer Simple, Flexible Payment Options

PR Newswire

"PayPal Holdings, Inc. and Microsoft Corp., today announced Microsoft's integration of PayPal's Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. In addition, customers in the U.S. will soon have the option to pay with Venmo in the Microsoft Store. Venmo is currently available in the Microsoft Store on Xbox in the U.S."

Tags: Microsoft PayPal

Companies

PayPal Launches Support for Tap to Pay on Android for Merchants Using Venmo and Zettle in the US

TechCrunch

"PayPal announced today that the company is launching a tap-to-pay feature for merchants with an Android phone through the Venmo and Zettle apps in the U.S. As a reminder, PayPal owns both Venmo and Zettle."

Tags: PayPal

Companies Global

PayPal Expands Passkeys to Canada

News Wire

"PayPal helps customers shop and pay with peace of mind by helping to protect their privacy, money and purchases every step of the way. Starting today, the company is expanding passkeys to eligible customers on Apple devices and Google Android devices in Canada."

Tags: Canada PayPal