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.
Crate And Barrel On Weathering The Pandemic-Driven Push To Omnichannel
September 18, 2020
With brick-and-mortar retailers reopening worldwide, consumers are heading back to stores — and they’re taking their newfound digital shopping and payment habits with them, says Joan King, senior vice president ... Read moreToday In Payments: NYC Approves Restaurant Surcharge; SWIFT To Create New Cross-Border Real-Time Rails
September 17, 2020
In today’s top news, New York City changed a rule banning restaurant surcharges, and SWIFT announced plans to retool its platform to enable instant transactions. Plus, the combined value of ... Read moreCombined Value Of Visa, PayPal, Square And Mastercard Crests $1T
September 16, 2020
The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC.
Between Square, Visa, PayPal and ... Read moreToday In Connected Commerce: Ticketmaster Moves On Mobile, PayPal Prepares For A Permanent Shift And Square Puts Payroll OnDemand
September 16, 2020
The pandemic outbreak has pushed consumers and businesses online and looking to make connections to make commerce smoother and more seamless across the board. Its why PayPal is guiding businesses ... Read moreToday In Payments: Police Allege Money Launderers Using Chinese eCommerce; Square Launches On-Demand Payroll
September 16, 2020
In today’s top news, Chinese authorities have made several arrests alleging cybercriminals laundered $2 billion through faux eCommerce purchases, and Square announced the launch of two real-time payment features. Plus, ... Read morePayPal’s Jim Magats: How The Last Six Months Has Changed The Future Of How Consumers Will Shop
September 16, 2020
When stay-at-home orders first went out in mid-March, consumers didn’t really see it as the start of a major shift in their lives. Most thought the pandemic was going to ... Read moreMain Street, Disbursements And QR Codes Top This Week's News
September 11, 2020
It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives on Main Street, disbursements and ... Read moreToday In Payments: Visa, PayPal Expand Real-Time Payments Partnership; Credit Suisse To Launch Digital Banking App
September 10, 2020
In today’s top news, Visa and PayPal have expanded their real-time payments partnership, and Credit Suisse is launching a digital banking app. Plus, Reliance Industries has offered to sell a ... Read moreVisa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020
As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed ... Read moreWhy Buy Now, Pay Later Is Sweeping The Globe
September 9, 2020
Buy now, pay later (BNPL) options have made a strong showing internationally in recent months as consumers shift both their buying and spending habits in response to COVID-19 and the ... Read more
PayPal’s Jim Magats: How The Last Six Months Has Changed The Future Of How Consumers Will Shop
September 16, 2020When stay-at-home orders first went out in mid-March, consumers didn’t really see it as the start of a major shift in their lives. Most thought the pandemic was going to ... Read moreVisa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed ... Read moreRetailers Enhance Digital Capabilities With Payments
September 3, 2020
Retailers are facing pressure to offer digital payment options to meet shoppers’ demand for digital-first commerce. Many consumers are interested in using secure, contactless payment methods in-store, while a number ... Read morePayPal’s ‘Pay In 4’ Expands Installment Credit Options For PayPal Users
August 31, 2020
Capturing consumers online and getting them to convert to a buyer at the online checkout this holiday season will be both more complicated and higher stakes than ever before, Doug ... Read moreThe Impact of Mobile Card Apps On FI Customer Retention
August 21, 2020
The trend toward digitization in consumers’ lives isn’t new, but COVID-19 has accelerated it dramatically over the past several months. Community banks and credit unions are feeling the pressure to ... Read moreDosh Expands Card-Linked Offer Platform
August 12, 2020
Dosh, the company that bills itself as the fastest-growing cash-back, card-linked offer platform, is expanding its retail-based solution to the financial services business. The announcement represents an ambitious extension for ... Read moreRecargaPay: From Mobile Top-Ups To Mobile Financial Services Ecosystem
August 11, 2020
A decade ago, when Brazil’s RecargaPay first debuted, a glance around the global payments ecosystem would have shown a similar pattern. The world’s largest digital payment companies at the time ... Read morePayPal Vet To Lead Facebook Payments
August 10, 2020
Stephane Kasriel, who has served as a PayPal executive in the past, will lead Facebook Payments, David Marcus, leader of Facebook’s Novi said in a Twitter post.
Marcus also said a ... Read moreFacebook Forms Facebook Financial To Ramp Up eCommerce, Payments Efforts
August 10, 2020
Facebook has accelerated up its eCommerce expansion efforts even as the COVID-19 pandemic has boosted online shopping.
Now, it is launching a new group within the company, Facebook Financial, that will ... Read moreDeep Dive: The Pressures Pushing Banks To Modernize Their Payments Infrastructures
August 10, 2020
A multitude of payments flow between businesses, government agencies, individuals and others in the U.S. The Federal Reserve recently estimated that there were 174.2 billion non-cash payments with a total ... Read more
WU’s (Maybe) Bid For MoneyGram: Critical Mass In Digital C2C Pivot?
June 2, 2020
The recession is upon us, and as consumers stash the cash, and wallets are walloped, a seismic shift may be brewing in the money transfer business, through consolidation.
The rumored tie-up ... Read moreKasikornbank To Offer Nium's FinTech Payments Platform
May 19, 2020
FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam.
In a joint statement, the two companies said ... Read moreThe (Digital) Transformation Of Remittances, Bit By Byte
May 14, 2020
The pandemic has kept us all home — and for firms that have depended on walk-in business, transactions have slowed, or simply stopped. That’s certainly true of firms that help ... Read moreMoneyGram's Walk-In Business Hit By The Coronavirus As Digital Transactions Surge
May 1, 2020
With its walk-in business taking a large negative hit due to the coronavirus pandemic and stay-at-home orders, MoneyGram reported 57 percent digital transaction growth for the first quarter of 2020. ... Read moreWestern Union Expands Cross-Border Real-Time Money Transfers
April 23, 2020
Money transfer firm Western Union has further expanded its global network for real-time payments and transfers to 50 additional countries when paid into certain banks and digital wallets.
Hikmet Ersek, president ... Read moreSantander FinTech PagoFX To Compete With TransferWise
April 16, 2020
Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider TransferWise.
“It’s strange to launch in ... Read moreToday In Payments: Western Union Debuts Tool For Home Money Transfers; Target Pauses Curbside Pickup Plans
March 27, 2020
In today’s top news, Western Union is launching a new tool for people to send money from home over a voice or video call, and Target is pausing plans to ... Read moreBitcoin Daily: Nigeria's Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud
February 24, 2020
Binance, Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin.
Roughly 300 people signed up for a corresponding “masterclass” ... Read moreMoneyGram Enables P2P To A Phone Number
February 12, 2020
MoneyGram, known for its transfers via mobile app, has a new program called FastSend that will enable it to engage in cross-border peer-to-peer (P2P) transfers directly to a recipient’s phone number. ... Read moreBrink’s Takes 5 Pct Share In MoneyGram
February 7, 2020
Cross-pollination in financial services — leveraging payments across digital and physical channels — is an emerging trend, especially when it comes to cross-border transactions, and especially with remittances.
To that end, ... Read more
Main Street, Disbursements And QR Codes Top This Week's News
September 11, 2020It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives on Main Street, disbursements and ... Read morePermanent Digital Shift Quantified In ‘How We Shop’ Report
September 8, 2020
As PYMNTS continues to chronicle business impacts of the novel coronavirus, patterns are emerging that suggest how much things actually have changed in just a twinkling.
At least, it looks that ... Read moreWhat Holiday Retail Will Look Like In 2020
September 4, 2020
It’s not beginning to look a lot like Christmas just yet, as it’s still summer and warm weather doesn’t quite call to mind images of drinking hot chocolate, sitting by ... Read morePayPal Launches iZettle Food & Drink In The UK
September 3, 2020
PayPal has launched its iZettle Food & Drink app, the point of sale (POS) platform for iOS to support food and drinks service in the U.K.
The app was crafted to ... Read moreDeep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments
August 28, 2020
The payments economy is continuously growing and becoming more digital. The global mobile payments market was valued at more than $3.7 trillion in 2019 and is expected to grow to ... Read moreKeeping Online Tutors From Saying ‘Au Revoir’ To eLearning Platforms
August 20, 2020
The pandemic has raised heated debates about how to safely educate students at a time when having pupils and teachers flock into school buildings and college campuses raises risks to ... Read moreTopcoder On Minding The Financial Security Of Technology Contractors
July 31, 2020
Businesses are ramping up their digital capabilities during COVID-19 and are turning to gig marketplaces for sourcing talent. But all too often these technology professionals can find themselves waiting up ... Read morePayPal’s Plan For Seamless, Touch-Free QR Code Commerce
July 31, 2020
From complex biopharma work on a vaccine to a galaxy of cloud solution providers harnessing artificial intelligence (AI) and machine learning, the commercial response to COVID-19 is decidedly high-tech. Lately, ... Read moreToday In Payments: Enova To Aquire OnDeck In $90M Deal; PayPal Reports Record Quarter
July 30, 2020
In today’s top news, Enova will purchase OnDeck in a $90 million stock and cash deal, and PayPal reported record second-quarter earnings. Plus, the testimony of tech giants on Capitol ... Read morePayPal Teams Up With CVS To Offer Touch-Free Payments
July 30, 2020
Touch-free payments are coming to CVS stores across the U.S. thanks to a new partnership between PayPal and payments technology company InComm.
PayPal and InComm on Thursday (July 30) unveiled a ... Read more
Musicians Pick Up The Tempo On Adopting Digital Payments
September 18, 2020
The conventional wisdom may hold that creative types — musicians among them — are not the savviest of business mavens.
Anecdotes abound, of course, in the popular music industry of artists ... Read moreCombined Value Of Visa, PayPal, Square And Mastercard Crests $1T
September 16, 2020The biggest FinTech companies have been rising in valuation faster than the largest banks, seeing a total of more than $1 trillion now, according to CNBC.
Between Square, Visa, PayPal and ... Read moreMain Street, Disbursements And QR Codes Top This Week's News
September 11, 2020It’s the end of another work week, and the PYMNTS Weekender is here to catch you up on the latest news. We have deep dives on Main Street, disbursements and ... Read moreToday In Payments: Visa, PayPal Expand Real-Time Payments Partnership; Credit Suisse To Launch Digital Banking App
September 10, 2020In today’s top news, Visa and PayPal have expanded their real-time payments partnership, and Credit Suisse is launching a digital banking app. Plus, Reliance Industries has offered to sell a ... Read moreVisa, PayPal Expand Global Real-Time Payments Partnership
September 10, 2020As the pandemic fuels digital payments, Visa and PayPal have expanded ways for small to medium-sized businesses (SMBs) and consumers to move money quickly, according to a press release emailed ... Read moreThe Number Of Disbursements Is Increasing, The Number Sent Instantly Barely Breaks 10 Percent
September 8, 2020
Disbursements have become part of consumers’ lives like never before in the United States. Millions of consumers and small businesses have received government stimulus and small business assistance payments in ... Read moreWhat Holiday Retail Will Look Like In 2020
September 4, 2020It’s not beginning to look a lot like Christmas just yet, as it’s still summer and warm weather doesn’t quite call to mind images of drinking hot chocolate, sitting by ... Read moreHow Retailers Can Ride The Rise Of Mobile Wallets
September 3, 2020
Mobile payments have long been billed as the next big thing. Starting with the release of Apple Pay in 2014, there was a veritable rush of proprietary mobile wallets sent ... Read moreThe Digital Payments Preferences That Cross The Generational Divide
September 3, 2020
Cash will always have a place among consumers — but its use is dwindling. Only 26 percent of all consumer payments are made in the U.S. with cash — and ... Read moreDeep Dive: Harnessing Cloud Technology To Accelerate And Secure Real-Time Payments
August 28, 2020 The payments economy is continuously growing and becoming more digital. The global mobile payments market was valued at more than $3.7 trillion in 2019 and is expected to grow to ... Read more