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.
Facebook’s Libra Attracts High-Profile FinServ Support
June 14, 2019
According to reports out in The Wall Street Journal this morning, Facebook has found some big-name backers for its Libra cryptocurrency project set to debut next year.
Facebook reportedly plans to ... Read moreAnalyst: Square Cash App Downloads Top Venmo’s
June 13, 2019
A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million.
According to a report from Nomura Instinet analyst Dan Dolev, ... Read morePayPal Canada Links Small Businesses To Cross-Border Shipping
June 13, 2019
PayPal is introducing a new solution for Canadian small businesses (SMBs) to lower their logistics costs when doing business with the U.S.
The company announced on Wednesday (June 12) that it ... Read moreUK Approves PayPal’s iZettle Acquisition
June 12, 2019
With the United Kingdom Competition and Markets Authority’s (CMA) decision to provide final and unconditional approval of PayPal’s completed acquisition of iZettle, the digital payments company will start to integrate ... Read moreNew LGBTQ+ Tech Community Includes BoA, HP, PayPal
June 5, 2019
The world’s biggest community of LGBTQ+ tech professionals, Out in Tech, has formed a membership program to improve opportunities for LGBTQ+ individuals called Qorporate, according to a press release.
Founding members ... Read moreTink Gets Investment From PayPal To Expand
June 4, 2019
Tink, the Swedish company that enables FinTechs to access customers’ financial data, has received an $11.2 million investment from PayPal Holdings.
Reuters, citing the companies, reported proceeds from the investment will ... Read morePayPal Commerce Platform To Help SMBs Compete With Amazon
June 3, 2019
PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms.
In a blog post, ... Read moreWhy Search And Logistics Will Shape The Future Of Retail Payments
June 3, 2019
The two most powerful forces shaping the future of retail payments have nothing to do with payments at all.
At least at first glance.
Ironically, they are also the two things that ... Read moreAnother Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News
May 31, 2019
Are you ready for the weekend? Silly question — of course you are. But don’t forget to review this past week of busy news, if only to make sure you ... Read morePayPal Hits $10B SMB Lending Milestone
May 29, 2019
Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, ... Read more
Analyst: Square Cash App Downloads Top Venmo’s
June 13, 2019A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million.
According to a report from Nomura Instinet analyst Dan Dolev, ... Read moreVisa, Western Union Team To Speed Global Payments
June 5, 2019
Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of push payments at Visa, tells ... Read moreUber And Lyft Drivers Could Gain Access To Digital Ad Revenue
June 3, 2019
Say hello to the marriage of digital advertising and ride-hailing – and, it seems, more potential for a bigger payday for those gig workers who provide that form of transportation.
A ... Read moreDigital Marketplaces’ Growing Role In The Gig Economy
May 16, 2019
The gig economy has operated — and thrived — in a gray area. There has been a question as to whether workers are actually employees or contractors. The classification is ... Read moreAs P2P Payments Spreads Its Wings, Challenges Loom
May 13, 2019
The spotlight burned brighter for peer-to-peer (P2P) payment services in the first quarter of 2019, with those payment methods finding popularity among more consumers. However, P2P’s future growth will depend ... Read moreWhen Subscription Merchants Innovate With Plan Features
May 8, 2019
To make life easier for their customers, many businesses are adopting the subscription business model. From consumer goods and hardware to eCommerce and internet of things (IoT), innovators are allowing ... Read moreGoogle I/O To Highlight Google Assistant, New Smart Speaker
May 6, 2019
It’s only spring, but in a digital commerce and payments sense, it’s also the early version of Christmas. Google’s latest I/O conference is scheduled to run from Tuesday to Thursday ... Read moreUK Gives Green Light To PayPal/iZettle Deal
April 30, 2019
PayPal’s acquisition of iZettle is getting closer to completion after U.K.’s competition regulator dropped its opposition to the $2.2 billion deal.
According to a report in the Financial Times, the U.K.’s ... Read moreAmazon’s Bitcoin Embrace And Cannabis Burgers Top The Week’s News
April 26, 2019
The end of a busy week provides a chance to catch up on the biggest news from the world of digital payments and commerce – news, trackers and even fun ... Read moreFacebook Grows User Base 8 Percent, Bullish On Commerce
April 24, 2019
More consumers keep using Facebook even as the social network said on Wednesday (April 24) that it faces a fine of between $3 billion and $5 billion from the Federal ... Read more
MoneyGram Partners With Canada Post For Digital Money Transfers
June 7, 2019
MoneyGram and Canada Post have teamed up for a digital money transfer service that allows users to complete transactions at select Canada Post locations all over the country, according to ... Read moreNewly Funded B2B Startups Tap The Power Of Data
June 7, 2019
This week’s B2B Venture Capital roundup is all about data. With a total of $388 million raised this week, newly funded startups are deploying an array of data analytics technologies ... Read moreVisa, Western Union Team To Speed Global Payments
June 5, 2019Today (June 5), Visa and Western Union struck a strategic agreement to move money between consumers focused on expedited remittances. Bill Sheley, global head of push payments at Visa, tells ... Read moreWestern Union’s Playbook For Balancing Cash And Digital Payments
June 3, 2019
Despite the dreams and expectations among all kinds of people during the rise of eCommerce and digital payments, cash isn’t really going away. Sure, one may find numerous instances and ... Read moreWhy Visa Brought Earthport Into Its Orbit
May 15, 2019
Visa is moving “beyond the card” with its acquisition of cross-border payments firm Earthport to turbo-charge account-to-account payments. Bill Sheley, head of global push payments at Visa, tells Karen Webster how ... Read moreWestern Union’s Q1 Digital Transactions Up 19 Pct
May 8, 2019
Western Union missed Wall Street estimates on the top and bottom lines amid currency headwinds and some weakness in a few international payment corridors — but logged double-digit growth in ... Read moreRipple News: Boosts X-Border Partnership Tally
May 7, 2019
Ripple has added to its cross-border payments roster with a recent linkup with Ria Money, while also readying a refresh of its xCurrent, geared toward banks’ cross-border payments. In the ... Read moreIn India, Faster Payments Deliver ‘Instant Gratification’ To Migrants
May 3, 2019
For many Indian migrant workers, sending remittances involves the anxiety-inducing experience of giving cash to couriers or postal services and hoping for the best. In the new Smarter Payments Tracker, ... Read moreFaster Payments’ Impact On India’s 100M Migrant Workers
May 2, 2019
For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in after weeks of delays. After ... Read moreHow Western Union Is Taking Global P2P Omnichannel
April 3, 2019
It’s one of the rising ideals in this digital world of commerce and payments, a consumer expectation that doesn’t seem in danger of fading anytime soon: buy online and pickup ... Read more
New LGBTQ+ Tech Community Includes BoA, HP, PayPal
June 5, 2019The world’s biggest community of LGBTQ+ tech professionals, Out in Tech, has formed a membership program to improve opportunities for LGBTQ+ individuals called Qorporate, according to a press release.
Founding members ... Read morePayPal Commerce Platform To Help SMBs Compete With Amazon
June 3, 2019PayPal announced on Monday (June 3) the launch of the PayPal Commerce Platform, which is designed to meet the needs of marketplaces, eCommerce solution providers and crowdfunding platforms.
In a blog post, ... Read moreAnother Payment Megadeal, Amazon Suppliers And PayPal SMB Lending Top The Week’s News
May 31, 2019Are you ready for the weekend? Silly question — of course you are. But don’t forget to review this past week of busy news, if only to make sure you ... Read morePayPal Hits $10B SMB Lending Milestone
May 29, 2019Businesses of a certain size — and in industries as varied as construction and restaurants — know the pain of wondering if they will have enough capital to fund operations, ... Read moreDeep Dive: Lessons In Global Online Education Marketplaces
May 7, 2019
Thanks to digital technology and global connectivity, gig economy participation is open to just about anyone — including educators who want to provide lessons to students anywhere in the world. ... Read moreInstant Settlement: Disbursements Next Big Thing
April 10, 2019
Push payments next big thing is instant settlement that helps merchants get paid as sales are made. Ingo Money CEO Drew Edwards makes the case that instant settlement is poised ... Read moreGig Economy Moves Toward Critical Mass
April 8, 2019
The gig economy now is a noun, where once to “gig” was a verb, without critical mass — to “gig” in other words, was to supplement income, to make ends ... Read morePayPal’s Blockchain First; Mastercard’s B2B FinTech Unicorn
April 5, 2019
This week’s B2B venture capital funding rounds were particularly focused on the enterprise cybersecurity space, though B2B payments caught the attention of investors, too, with another industry unicorn making its ... Read morePayPal Invests In Digital ID Blockchain Startup
April 2, 2019
PayPal has invested in a blockchain company for the first time — one that’s focused on using the technology to help give users greater control over their digital identities, according ... Read moreData Dive, Big Launches Edition: Google, Sephora And PayPal
March 18, 2019
Mid-March is more famous for spectacular endings than big beginnings – likely because one of the more high-profile political assassinations (and BFF break-ups) in history is forever associated with the ... Read more
7M Venmo Transactions Scraped To Warn Users
June 17, 2019A computer science student scraped seven million Venmo transactions to warn users that their public activity can still be stolen.
Dan Salmon said he scraped the transactions over the course of ... Read moreUber’s IPO Blame Game
June 14, 2019
We all like to be rewarded for work and vision, for toil and trouble. For putting up money where, literally, our mouths are.
If only those pesky geopolitics wouldn’t interfere …
We’re ... Read moreAnalyst: Square Cash App Downloads Top Venmo’s
June 13, 2019A new report shows that Square’s Cash App downloads increased by 2.2 million last month, while Venmo’s were up 1.7 million.
According to a report from Nomura Instinet analyst Dan Dolev, ... Read moreHow Streaming Subscriptions Innovate With Payments And Content
June 12, 2019
In the era of streaming entertainment and online news, the number of companies providing digital platforms for content is on the rise. And consumers now have a plethora of choices ... Read moreApple Pay Adds Support For Netherlands, Revolut Users
June 11, 2019
Apple Pay has added support for users in the Netherlands and also expanded services for Revolut users, according to reports.
The service launched in Luxembourg and Hungary last month, and on ... Read moreWhy Pride Vendors Are Forgoing Cash For mPOS
June 6, 2019
With events rolling out across the globe celebrating LGBTQ Pride Month throughout June, vendors are preparing to triple their average sales, while selling to crowds that no longer rely on ... Read moreIs Sweden Proof There Is Such A Thing As Too Much Digital Payment Success?
May 31, 2019
Usually when we’re telling a story at PYMNTS about expectations for a product being radically divergent from its actual performance, it is a story about underperformance. Something comes in on ... Read moreEarly Warning Names Former Intuit Exec As CEO
May 30, 2019
Early Warning Services, the bank-owned operator of peer-to-peer payments app Zelle, announced Thursday (May 30) it has named Albert “Al” Ko as its chief executive.
In a press release, the company ... Read moreWhat Will It Take To Hit The Instant Payments Tipping Point?
May 21, 2019
Instant payments is an innovation that doesn’t require much explanation. Getting immediate access to money is an obviously better solution than waiting for the check to arrive in the mail, or constantly refreshing a mobile banking app to see if ... Read morePayday Lending, P2P And Innovation Topped The Week’s News
May 17, 2019
Were you able to keep up with all the news that happened this week? We at PYMNTS are here to make sure you didn’t miss anything. Both Visa and Mastercard ... Read more