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.
Venmo Debuts College-Themed Debit Card Fleet
July 8, 2025
Venmo has introduced a line of college-branded card designs for its debit Mastercard. The new co-branded Venmo Debit Cards — launched in partnership with the Big 12 Conference — will allow students, ...Read moreDigital Wallets and Bank Accounts Capture Consumer Rush to Instant Payments
July 3, 2025
Recent data underscores a durable trend: Consumers expect and demand instant access to their money, particularly for larger sums, and exhibit clear preferences for where this money lands — primarily ...Read moreCommerce Giants Expand Into Stores With New Debit and Credit Cards
June 25, 2025
PYMNTS Intelligence has long tracked the rise of the Click-and-Mortar™ shopper, the tech-savvy individual who traverses eCommerce and in-store shopping armed with mobile devices. The blurring of channel lines has ...Read moreVisa and eTip Team to Help Hospitality Workers Get Tipped Faster
June 16, 2025
Visa has teamed with eTip, a digital tipping platform for the hospitality and service industries. The collaboration is designed to help deliver funds directly to participating digital wallets in real time, ...Read morePayPal Turns Online Ads Into ‘Buy Now Opportunities’
June 16, 2025
PayPal says it has developed a way to turn online ads into merchant storefronts. “Storefront Ads” uses PayPal’s transaction graph and payment rails to turn “recommended products into ‘buy now’ opportunities ...Read moreCE 100 Slides 1.8% as Payments Names Dive
June 16, 2025
The CE 100 rode the waves of volatile trading this past week, alongside the broader market indices, to finish 1.8% lower. The prospect of widening conflict in the Middle East ...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 moreMastercard-PayPal Pact Targets Payment Friction With Unified ID
June 4, 2025Mastercard and PayPal have partnered to co-develop features using Mastercard’s One Credential, a solution that enables consumers to use a single credential when shopping online or in-store. The companies aim to use this solution ...Read morePayPal Adds Physical Credit Card for In-Store BNPL
June 3, 2025PayPal introduced a new physical card that enables customers to use PayPal Credit for in-store purchases. With the addition of the PayPal Credit Card, which will be rolled out to customers ...Read moreCE 100 Index Jumps 5% as Shopify Gets a Post-Earnings Bump; Payment Brands Rally
May 19, 2025
A rally across all market indices, as China-focused tariffs were reduced, helped lift the CE 100 Index 5% higher in a week that saw almost all pillars advance, with the ...Read more
Canada’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, 2025PayPal 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 moreGalileo Aims to Bolster Bill Pay With ‘Payment Switch’
May 20, 2025
Galileo Financial Technologies and Atomic have introduced a product designed to enhance consumer bill payments. Galileo Payment Method Switch, announced Tuesday (May 20), makes it easier for people to update their ...Read moreAAA Life Adopts One Inc’s Insurance-Focused Digital Payment Processing Platform
May 15, 2025
AAA Life Insurance Company, which is part of the American Automobile Association (AAA), will use One Inc’s PremiumPay solution as its primary platform for digital payment processing. PremiumPay will reduce paper ...Read moreBusinesses Embrace Real-Time Payments at the $10 Million Mark
May 14, 2025
A $10 million instant payment is no longer a fantasy — it’s the new normal as real-time payments revolutionize global finance. PYMNTS Intelligence’s latest “Real-Time Payments World Map” revealed a surge ...Read moreConsumer Willingness to Pay for Instant Payments Fuels New Revenue Streams for Banks
May 12, 2025
Financial transactions are undergoing a transformation, driven by consumer demand for speed, certainty and convenience. While real-time payments have been on the horizon for some time, the expectation for instant access ...Read moreThunes Raises $150 Million to Expand Cross-Border Payments Platform
April 28, 2025
Thunes has raised $150 million in a Series D funding round to strengthen its cross-border payments platform and accelerate its expansion in the United States. The company recently acquired licenses in ...Read moreClaims Complexity Meets Digital Simplicity as Insurers Push for Instant Payments
April 18, 2025
The digital transformation of the insurance industry is a work in progress. Digitizing trillions of dollars in payments bumps up against the complexities of the claims processes, and the tangled web ...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
This 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 moreVisa, Mastercard, PayPal Fuel Agentic AI Commerce Boom
May 2, 2025
Three of the world’s largest payment companies, Visa, Mastercard and PayPal, are racing into the next frontier in digital commerce: agentic AI. All three announced recently they were deploying agentic commerce, ...Read moreThis Week in AI: Visa, Mastercard and PayPal Go All in on Agentic Commerce
May 2, 2025
This week brings fresh news on the digital payments front, with Visa, Mastercard and PayPal unveiling their agentic commerce programs. Their moves represent a significant shift to the payments landscape, ...Read moreKnot Teams With PayPal to Help Streamline Checkouts
April 7, 2025
Merchant connectivity platform Knot has launched a checkout-focused partnership with PayPal. The collaboration, announced Monday (April 7), lets PayPal users update their PayPal branded card-on-file information across multiple merchants using Knot’s ...Read morePayPal Brings Personalized Ads Offering to UK Shoppers
April 2, 2025
PayPal is bringing its PayPal Ads program to the United Kingdom. The solution, first introduced last year in the United States, lets brands and merchants show personalized ads to interested consumers ...Read moreRegulations Become Crucial as Stablecoins Push Payments Frontier
February 27, 2025
The stablecoin market is positioning itself as at the forefront of payments innovation, and that forefront is at an inflection point. On Tuesday (Feb. 25), Bank of America’s CEO Brian Moynihan ...Read more‘PayPal 2.0’ Aims at AI-Powered Commerce and B2B Expansion
February 25, 2025
PayPal Holding’s senior management laid out a strategy at its annual Investor Day on Tuesday (Feb. 25) that will bolster omnichannel efforts under its “unified commerce” approach, as CEO Alex ...Read morePayPal Partners With Verifone to ‘Win Checkout’ In-Store and Online
February 25, 2025
When PayPal CEO Alex Chriss spoke with investors during the Q4 2024 earnings call, he made one thing very clear: The number one goal is to win checkout. Today’s announcement ...Read more5 Things Earnings Season Shows About the US Consumer
February 20, 2025
Earnings season, like clockwork, offers up a dizzying mosaic of data and qualitative analysis of revenues, profits (or lack thereof) and high-level views of the economy. The state of the consumer ...Read moreWitnesses Fault ‘Regulation by Enforcement’ of Digital Assets at Congressional Hearing
February 11, 2025
At a subcommittee hearing on the current state and future potential of digital assets, lawmakers and witnesses from the crypto and payments spheres — including PayPal — cautioned against a ...Read more
Venmo Debuts College-Themed Debit Card Fleet
July 8, 2025Venmo has introduced a line of college-branded card designs for its debit Mastercard. The new co-branded Venmo Debit Cards — launched in partnership with the Big 12 Conference — will allow students, ...Read moreAI Agents Do Well in Simulations, Falter in Real-World Shopkeeping Test
July 2, 2025
In a bid to test whether artificial intelligence (AI) agents can operate autonomously in the real economy, Andon Labs and Anthropic deployed Claude Sonnet 3.7 — nicknamed “Claudius” — to ...Read moreRetail Media Networks Unlock Commerce With First-Party Data
July 1, 2025
Watch more: Unlocking the Potential of Retail Media Networks: The Issuer’s Role in Enabling Secure Ecosystem Collaboration Retail media networks are rapidly gaining momentum, leveraging first-party data and fostering collaboration across ...Read moreLIDP Adds One Inc’s Payment Solution to Life Insurance Platform
June 25, 2025LIDP has added One Inc’s inbound PremiumPay solution to its Titanium platform for life insurance carriers. PremiumPay will allow the carriers using Titanium to customize payment processes, enhance communication and reconciliation, ...Read moreThe Banking Industry’s Newspaper Moment
June 23, 2025
In 2000, USA Today was the most circulated newspaper in the United States. More than 1.6 million copies were printed each day. Over 6.6 million readers picked it up. It ...Read moreBig Retail Stablecoins May Be Game-Changers or Simply Gift Cards on the Blockchain
June 16, 2025
Big Retail’s commerce ecosystems may prove to be fertile ground for new payment methods, particularly proprietary stablecoins. The web woven between platforms, businesses and customers would seem a natural fit ...Read moreAre Closed-Loop Financial Instruments the Future of Institutional Stablecoins?
June 16, 2025
As the world of information goes digital, the world of money is taking things a bit slower. But that doesn’t mean that things aren’t heading in the same direction. Stablecoins, which ...Read moreVisa and eTip Team to Help Hospitality Workers Get Tipped Faster
June 16, 2025Visa has teamed with eTip, a digital tipping platform for the hospitality and service industries. The collaboration is designed to help deliver funds directly to participating digital wallets in real time, ...Read moreDebit Rewards Surge as Consumers Shift Spending Preferences
June 16, 2025
Debit rewards programs had seemingly gone the way of the dodo. The Durbin Amendment, contained in the 2010 Dodd-Frank Act, capped fees on debit card payments, which set in motion a ...Read morePayPal Bets on Consumer Data to Power AI Checkout
June 13, 2025PayPal 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 more