pymnts Profile:
Paypal (NASDAQ: PYPT)
PayPal is a leading technology platform company that enables digital and mobile payments on behalf of consumers and merchants worldwide. We put our customers at the center of everything we do. We strive to increase our relevance for consumers, merchants, friends and family to access and move their money anywhere in the world, anytime, on any platform and through any device.
PayPal and Perplexity Debut Instant Buy and 50% Off
November 25, 2025
PayPal and Perplexity introduced on Tuesday (Nov. 25) Instant Buy, which allows U.S. consumers to complete purchases directly in Perplexity’s AI chat, creating a single flow from product discovery to ...Read morePayPal, CrowdStrike and Synopsys Use Focused AI for Speed, Accuracy
November 25, 2025
Companies are replacing large language models (LLMs) with smaller, specialized micro agents that handle tasks faster and more accurately. The move comes after early use showed that focused agents outperformed ...Read moreKKR to Buy Up to $75 Billion of PayPal’s BNPL Loan Receivables in Europe
November 17, 2025
PayPal Holdings and global investment firm KKR renewed their agreement in which KKR’s credit funds and accounts purchase PayPal’s European buy now, pay later (BNPL) receivables. The new agreement includes a ...Read morePayPal Uses UK Relaunch to Debut Rewards Program
November 12, 2025
PayPal said it is relaunching in the UK as a “unified payment experience.” The company’s new offering, announced Wednesday (Nov. 12), is designed to improve shopping for British consumers, letting them ...Read morePlatforms Step In as Small Businesses Seek Working Capital Lifelines
November 11, 2025
In uncertain times, access to cash can make the difference between survival and shutdown. For small- to medium-sized businesses (SMBs), the third-quarter earnings season revealed a growing dependence on working capital ...Read morePayPal Expands ‘Pay in 4’ BNPL Offering to Canada
November 10, 2025
PayPal’s buy now, pay later (BNPL) offering is heading north in time for the holidays. Beginning with this year’s holiday shopping season, PayPal Pay in 4 will be available for consumers ...Read moreVenmo Wants to Let Consumers Build Up Rewards ‘Stash’
November 10, 2025
PayPal-owned peer-to-peer payment app Venmo is launching what it calls its first “always-on” rewards program. Venmo Stash, announced Monday (Nov. 10), lets customers earn up to 5% cash back on everyday ...Read moreWix Merchants to Join PayPal’s Agentic Commerce Solution
October 29, 2025
Wix merchants will soon be able to enroll in PayPal’s agentic commerce solution. By doing so, merchants using Wix’s eCommerce platform will be able to make their product catalogs discoverable and ...Read morePayPal Says Nvidia Open Models Accelerate Time-to-Market of AI Solutions
October 29, 2025
PayPal said Tuesday (Oct. 28) that it accelerated the time-to-market of its artificial intelligence solutions by five times after implementing Nvidia Nemotron open models and Nvidia NIM inference microservices. Within weeks ...Read morePayPal Turns to AI as Account Growth and Consumer Spending Slow
October 28, 2025
PayPal shares soared Tuesday (Oct. 28) in the wake of news that the company is integrating its wallet into OpenAI’s ChatGPT. Beyond that headline-grabbing news, PayPal’s third-quarter earnings results, released before ...Read more
PayPal Uses UK Relaunch to Debut Rewards Program
November 12, 2025PayPal said it is relaunching in the UK as a “unified payment experience.” The company’s new offering, announced Wednesday (Nov. 12), is designed to improve shopping for British consumers, letting them ...Read moreFive Factors Driving Digital Wallets From Trial to Habit
November 12, 2025
PYMNTS Intelligence finds that 31% of consumers used a mobile wallet in a store in the last seven days, more than double the 14% reported a year earlier. Apple Pay’s ...Read moreStablecoin Orchestration Becomes New Blockchain Battleground
November 3, 2025
As payment innovations scale, settlement and infrastructure have traditionally reared their heads as the strategic chokepoints. In the early days of the digital payments revolution, for example, industry titans like Mastercard, ...Read moreGuidewire to Integrate One Inc’s Digital Payments Solution for Insurers in Canada
October 27, 2025
Canadian property and casualty insurers using the Guidewire platform will be able to add One Inc’s embedded digital payments solution, ClaimsPay, next year. ClaimsPay will be added to the Guidewire Marketplace ...Read moreGen Z Leads a 23% Surge in Mobile Wallet Use Across Generations
October 15, 2025
Mobile wallets aren’t killing the credit card. They’re giving it new life. That’s the undercurrent of PYMNTS Intelligence’s latest “How the World Does Digital” report, which finds that wallets are driving ...Read morePayPal Makes $100 Million Bet on Middle East/Africa Digital Commerce
September 24, 2025PayPal is investing $100 million to support digital commerce in the Middle East and Africa. The investment is to be deployed via minority investments, acquisitions, PayPal Ventures funding and people/technology deployments. The ...Read moreCanada’s New Real-Time Rails Get Bank of America’s Attention
June 25, 2025
Watch more: Bank of America Equips Canadian Businesses for Real-Time Treasury Canada’s payments landscape is being recast at high speed, and the once-predictable routines of corporate treasurers are being pushed into ...Read moreX Exploring Payments Cards With Trading Function Coming ‘Soon’
June 19, 2025
X’s CEO says the social media platform will “soon” offer an investment/trading option. “You’ll be able to come to X and be able to transact your whole financial life on the ...Read morePayPal Bets on Consumer Data to Power AI Checkout
June 13, 2025
PayPal is doubling down on artificial intelligence (AI) and data-driven personalization to maintain its competitive edge in the changing digital payments landscape, according to Diego Scotti, general manager of PayPal’s ...Read moreCore System Upgrades Move Insurers Toward Real-Time Payments
June 9, 2025
Insurance firms face a conundrum when digitalizing operations, as they accept and disburse payments that have multiple points of contact. Are they going to be tech experts, and take the ...Read more
More Than 75% of Banks Not Ready for ISO 20022 Mandates. The Question Is: Why?
December 13, 2024
The benefits of standardized data formats and exchanges in financial services are myriad. Banks are moving toward the ISO 20022 financial messaging standard, tied to Swift, which noted that the open ...Read moreSling Money Raises $15 Million for Money Transfer App
August 15, 2024
Stablecoin-centric money transfer app Sling Money has raised $15 million in new funds. Sling’s app combines stablecoin technology “with a user-friendly interface” and integration with fiat payment systems for easier money movement, according ...Read moreWise Resumes Signing Customers in India to Tap $32 Billion Remittance Market
August 12, 2024
Money transfer firm Wise is reportedly hoping to tap India’s $32 billion remittance market. To that end, Wise plans to begin signing up new customers in the world’s most populous nation after pausing that side ...Read morePomelo and Thunes Partner on International Money Transfer Solution
May 9, 2024
Pomelo and Thunes have partnered on an international money transfer solution from the United States to the Philippines. This credit-based digital wallet solution provides a remittance method that reduces costs and ...Read morePomelo Officially Launches Product Combining Credit and International Money Transfer
April 22, 2024
Pomelo has announced its official launch after several months of private beta. The company is launching with $70 million in seed financing that includes $20 million in venture capital and $50 million ...Read moreWestern Union Marks 100 Concept Stores in Europe
December 6, 2023
Western Union says it has expanded its network of concept stores in Europe. The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has 100 concept stores and “company-owned hubs” ...Read moreFTC: Walmart ‘Turned Blind Eye’ to Telemarketing Rule Violations
July 2, 2023
Federal regulators have offered new details in a legal action involving Walmart’s money-transfer operations. The Federal Trade Commission (FTC) announced Friday (June 30) that it had amended its year-old complaint against the retail giant, which involves the company’s ...Read moreMoney Transfer Company Wise Reports 37% YOY Increase in Volumes
June 27, 2023
Money transfer company Wise increased its customer base by 34% and its volumes by 37% over the last year. During the 12 months ended March 31, the company’s customer base grew ...Read moreMoney Transfer Firm Instant Cash Receives License From UAE Central Bank
May 25, 2023
Instant Cash has received a license from the Central Bank of the United Arab Emirates (CBUAE). With this Retail Payment Services and Card Scheme Regulation (RPSCS) Category 2 License, Instant Cash ...Read moreRising P2P Payments Driving Demand for More Seamless Money Movement Options
April 11, 2023
Call it peer-to-peer or person-to-person, but P2P is taking on new significance in a troubled economy where splitting the restaurant bill or lending your friend a few dollars is a ...Read more
PayPal, CrowdStrike and Synopsys Use Focused AI for Speed, Accuracy
November 25, 2025Companies are replacing large language models (LLMs) with smaller, specialized micro agents that handle tasks faster and more accurately. The move comes after early use showed that focused agents outperformed ...Read moreLabor Economy Workers Make Digital Wallets Their Banks
October 27, 2025
The Labor Economy is a group of about 60 million essential workers who keep the service and supply systems in the United States moving. Most earn $25 an hour or less, ...Read moreMastercard and PayPal Make Trust the Core of Agentic Commerce
October 27, 2025
Mastercard and PayPal are deepening their partnership to bring agentic AI transactions into the mainstream. Under the agreement, Mastercard’s Agent Pay platform will be integrated into PayPal’s branded checkout wallet. ...Read morePayPal Raises Stake in eCommerce Firm Shopware to 41%
October 21, 2025
PayPal is reportedly taking over a stake in eCommerce company Shopware from the Carlyle Group. The company’s stake in the German company will jump from 11% to 41% in this deal, Bloomberg News reported Tuesday (Oct. ...Read moreVerizon Appoints Former PayPal Head Dan Schulman as CEO
October 6, 2025
Verizon appointed its independent lead director and former PayPal Holdings CEO Dan Schulman as CEO, effective immediately, saying he will lead the company’s “new chapter of growth.” Schulman succeeds Hans Vestberg, ...Read morePayPal Makes $100 Million Bet on Middle East/Africa Digital Commerce
September 24, 2025PayPal is investing $100 million to support digital commerce in the Middle East and Africa. The investment is to be deployed via minority investments, acquisitions, PayPal Ventures funding and people/technology deployments. The ...Read moreThe Rise of AI Agents and the Fall of Digital Wallets
September 24, 2025
In 1996 the Palm Pilot felt like the future. For those unfamiliar (or not yet born), the Palm Pilot was a pocket computer that organized contacts, calendars and tasks in ...Read moreStable to Integrate PayPal’s Stablecoin to Facilitate Cross-Border Transactions
September 22, 2025
Layer 1 blockchain network Stable said Monday (Sept. 22) that PayPal Ventures invested in its latest funding round and that Stable will enable users to utilize PayPal’s stablecoin, PayPal USD ...Read moreDon Kingsborough: Catalyst, Colleague and Friend
September 22, 2025
March 7, 1947 – September 13, 2025 The payments and retail industries didn’t transform on their own. They had catalysts. The people bold enough to see the future before others could. Don Kingsborough ...Read moreThis Week in AI: CPOs Say AI Still Needs a Human Touch
May 16, 2025
This week in artificial intelligence, chief product officers said AI needs human oversight, even for routine, automated tasks like fraud detection. Meanwhile, AI was partly responsible for a 40% reduction ...Read more
Cloudflare Outage Darkens Vast Portions of the Web
November 18, 2025
Cloudflare has resolved an outage that shut down multiple high-profile websites on Tuesday (Nov. 18). The internet infrastructure provider said in a 19:28 UTC update on its status page that the incident ...Read moreCIOs Take the Wheel in Guiding Digital Payments Transformations
November 12, 2025
Watch more: Digital Shift: One Inc’s Elizabeth Hoemeke As digital payments reshape how money moves and data flows, the chief information officer (CIO) is emerging as both architect and bridge, balancing ...Read moreVenmo Wants to Let Consumers Build Up Rewards ‘Stash’
November 10, 2025PayPal-owned peer-to-peer payment app Venmo is launching what it calls its first “always-on” rewards program. Venmo Stash, announced Monday (Nov. 10), lets customers earn up to 5% cash back on everyday ...Read moreKamran Ansari on the FinTech Reset: Execution, Endurance, and the End of Easy Money
November 10, 2025
Kamran Ansari has lived through nearly every major turn in FinTech, from the first digital wallets and mobile payments to the rise (and recalibration) of billion-dollar disruptors. With nearly 100 ...Read morePayPal Wins Dismissal of Antitrust Lawsuit Over Merchant Rules
November 9, 2025
PayPal Holdings Inc. has successfully fended off a federal antitrust lawsuit that alleged the company’s merchant agreements unlawfully restricted competition. A U.S. District Court judge in California dismissed the case, ...Read moreUlta, Old Navy and Mercari Rise in Holiday Shopping App Usage
November 3, 2025
Who’s going to win the digital wallet for the holidays? It was a question we asked as November started. A quick check of the PYMNTS app provider shopping rankings for ...Read morePayPal Turns to AI as Account Growth and Consumer Spending Slow
October 28, 2025PayPal shares soared Tuesday (Oct. 28) in the wake of news that the company is integrating its wallet into OpenAI’s ChatGPT. Beyond that headline-grabbing news, PayPal’s third-quarter earnings results, released before ...Read moreBilt Lets Members Make Housing Payments via Venmo
October 27, 2025
Payments app Venmo has launched a partnership with housing and commerce platform Bilt. The collaboration, announced Monday (Oct. 27), “brings rent payments, mortgage repayments, and neighborhood commerce into the Venmo experience, ...Read moreLabor Economy Workers Make Digital Wallets Their Banks
October 27, 2025The Labor Economy is a group of about 60 million essential workers who keep the service and supply systems in the United States moving. Most earn $25 an hour or less, ...Read moreNetwork Effects, Platforms, and Antitrust Markets: Economic Authority in American Express
October 23, 2025
In Ohio v. American Express Co., the Supreme Court in 2018 held credit-card companies operate in a two-sided market, and both sides must be considered in evaluating the competitive effects ...Read more