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 Overhaul Tests PayPal’s Consumer Growth Plan
May 12, 2026
PayPal Holdings’ Venmo has rebuilt its app from the ground up as it continues expanding the app to become a more comprehensive commerce and financial services ecosystem. The redesigned Venmo app ...Read morePayPal, Visa and Mastercard Face UK Competition Investigation
May 6, 2026
British competition regulators have launched an investigation into PayPal, Mastercard and Visa. The investigation is to determine whether the three companies engaged in “anti-competitive conduct linked to the funding and usage of PayPal’s digital wallet,” the Financial Conduct ...Read morePayPal’s New CEO Starts With a $1.5B Cleanup
May 5, 2026
PayPal’s first-quarter earnings announcement, conference call commentary and guidance Tuesday (May 5) described a company in the midst of an overhaul. Enrique Lores, newly ascended to the CEO role, is moving ...Read morePayPal Reorganizes in Bid to Revive Growth
April 29, 2026
PayPal Holdings announced a reorganization that includes a new three-business operating model and five leadership appointments. The company’s three businesses are checkout solutions and PayPal, which includes its consumer and merchant ...Read moreBigCommerce Bets on Agentic Commerce With Expanded PayPal Pact
April 29, 2026
BigCommerce is integrating PayPal’s Store Sync offering into its app marketplace and channel manager. The new integration, announced Wednesday (April 29), is designed to let BigCommerce merchants connect their product catalogs, inventory and order management ...Read morePayPal Debuts Tool to Help Advertisers ID Customers
April 27, 2026
PayPal has debuted PayPal Ads ID, which it calls an “advertising identifier” rooted in verified commerce relationships. “The digital advertising industry has long struggled with a foundational identity problem,” the company ...Read moreVenmo Expands Stash Cash-Back Rewards Program
April 15, 2026Venmo has expanded its Stash rewards program, which offers users cash back on purchases. The PayPal-owned company announced the expansion Wednesday (April 15), characterizing it as part of its evolution from ...Read morePayPal Lets Small Businesses Tap Into Brazil’s Pix System
April 13, 2026
PayPal is bringing Brazil’s Pix payment system to its small and medium-sized business (SMB) customers. “With Pix now available through PayPal Complete Payments, small businesses can offer Brazil’s most widely used payment method ...Read morePayPal Embeds Payment Links Into Canva Designs
April 9, 2026
PayPal now enables users of the global visual communication platform Canva to accept payments directly from their digital or printed designs. This capability is provided by the integration of PayPal Payment Links into Canva, ...Read moreFTC Warns Payment Companies Against ‘Debanking’
March 26, 2026
The FTC has written four payment companies warning them not to deny service to customers based on political/religious beliefs. The Federal Trade Commission’s (FTC) “warning letters” were sent to Visa, Mastercard, ...Read more
X Money Tests Whether Social Commerce Can Hold Consumer Deposits
April 17, 2026
Social platforms have long influenced what consumers browse and buy, but the next step is to determine whether they can also hold the money that enables those decisions. That question comes ...Read moreLatin America’s Informal Economy Becomes FinTech’s Biggest Opening
April 14, 2026
Latin America’s digital economy is advancing at a steady pace, yet much of the region’s commercial activity still operates beyond formal financial channels, leaving payments firms to contend with a ...Read morePayPal Embeds Payment Links Into Canva Designs
April 9, 2026PayPal now enables users of the global visual communication platform Canva to accept payments directly from their digital or printed designs. This capability is provided by the integration of PayPal Payment Links into Canva, ...Read moreDigital Money Has a New Payment Standard and It’s Not Built for Humans
April 3, 2026
Digital payments have traditionally been a story of interfaces. Whether tapping a connected device or sending money through a platform’s API, the experience has been designed around the human intentions ...Read moreMastercard’s BVNK Deal Highlights the 4 Barriers to Stablecoin Adoption
March 18, 2026
Crypto’s goal of replacing fiat has never been able to overcome certain roadblocks. Many of them are operational, not ideological. Stablecoin adoption, for example, has been limited as a standalone system ...Read moreStripe and PayPal Combination Would Reorder the Payments Landscape
February 24, 2026
Tuesday (Feb. 24) marked a potentially seismic day in the payments industry. Rumors of Stripe’s interest in PayPal emerged after hours on Tuesday, initially reported by the likes of Bloomberg, with ...Read moreAnalysts Say PayPal Stock Slump Makes It Takeover Target
February 23, 2026
PayPal Holdings has met with banks at a time when it is seeing unsolicited interest from would-be buyers, Bloomberg reported Monday (Feb. 23), citing unnamed sources. The company is drawing takeover ...Read moreOKX and Mastercard Enable Stablecoin Payments for European Cardholders
January 28, 2026
OKX has launched a crypto card in the European Economic Area (EEA) that enables direct stablecoins payments anywhere in the world Mastercard is accepted. The OKX Card also has zero fees transaction fees or foreign ...Read morePayPal Teams With Deutsche Bank to Scale Payment Solutions
January 13, 2026
PayPal says it is expanding its years-long partnership with Deutsche Bank. This effort is designed to provide “enhanced payment solutions” throughout the U.S., Europe and the Asia-Pacific (APAC) region, PayPal said ...Read moreGoogle Aims at Merchants With Open-Source Universal Agentic Protocol
January 12, 2026
Google’s Universal Commerce Protocol marks a shift in how the company wants transactions to happen online. Instead of sending users from search results to merchant websites, Google is beginning to ...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 and Rainforest Team to Move Businesses Away From Checks
February 25, 2026
Paypal has formed a partnership with Rainforest, an embedded payment provider focused on software platforms. The collaboration will see the companies launch an embedded payment integration to help software platforms move more processing volume away ...Read morePayPal Teams With Sabre and Mindtrip on Agentic AI Travel
February 12, 2026
PayPal is launching an artificial intelligence-focused partnership with tech firms Sabre and Mindtrip, according to a Thursday (Feb. 12) press release. The collaboration combines PayPal’s agentic commerce capabilities, Sabre’s enterprise-grade travel ...Read morePayPal Acquires Cymbio to Bolster Agentic Commerce Capabilities
January 22, 2026
PayPal is set to acquire marketplace and dropship automation platform Cymbio. As the company noted in a news release Thursday (Jan. 22), PayPal has in the past worked with Cymbio as part of its agentic ...Read morePayPal and april Team on Faster Tax Filing
January 20, 2026
PayPal has launched a partnership with embedded tax technology platform april. The collaboration, announced Tuesday (Jan. 20), lets PayPal Debit Mastercard customers in the U.S. file their 2025 state and federal tax returns ...Read moreBlock and PayPal Say Scams Are Now an Industry
January 6, 2026
Watch more: Live Roundtable with Block’s Brian Boates, Paypal’s Dave Szuchman and FTA’s Angelena Bradfield The contours of the modern scam economy are becoming clear. And its edges are growing sharper. Fraud ...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 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 more
Venmo Overhaul Tests PayPal’s Consumer Growth Plan
May 12, 2026PayPal Holdings’ Venmo has rebuilt its app from the ground up as it continues expanding the app to become a more comprehensive commerce and financial services ecosystem. The redesigned Venmo app ...Read more31% of Consumers Use Mobile Wallets In-Store as Apple Faces Faster Rivals
May 12, 2026
Apple Pay has spent 11 years teaching consumers to tap their phones at checkout, but the bigger story may be how many rivals are now benefiting from that lesson. A PYMNTS ...Read morePayPal’s New CEO Starts With a $1.5B Cleanup
May 5, 2026PayPal’s first-quarter earnings announcement, conference call commentary and guidance Tuesday (May 5) described a company in the midst of an overhaul. Enrique Lores, newly ascended to the CEO role, is moving ...Read moreShopify Seeks Regulators’ OK to Become Money Transmitter
April 30, 2026
Shopify is reportedly seeking regulators’ permission to offer more financial and payment services to merchants. The eCommerce giant has already landed money transmitter licenses in more than a dozen states to hold ...Read morePayPal Reorganizes in Bid to Revive Growth
April 29, 2026PayPal Holdings announced a reorganization that includes a new three-business operating model and five leadership appointments. The company’s three businesses are checkout solutions and PayPal, which includes its consumer and merchant ...Read morePayPal Debuts Tool to Help Advertisers ID Customers
April 27, 2026PayPal has debuted PayPal Ads ID, which it calls an “advertising identifier” rooted in verified commerce relationships. “The digital advertising industry has long struggled with a foundational identity problem,” the company ...Read moreVisa Says Payouts Should Move at the Speed of Need
April 27, 2026
Watch more: Visa Direct With Visa’s Jim Filice Last month, Jim Filice wound up in the same place millions of consumers do when money disappears into the payment system: on the ...Read moreWhy Community Bank Accounts Must Pass the ‘Everyday Test’
April 21, 2026
There’s no shortage of issues testing community banks these days. Managing real-time payments, attracting Gen Z and integrating AI are just a few. But there’s one test community banks might ...Read moreVenmo Expands Stash Cash-Back Rewards Program
April 15, 2026Venmo has expanded its Stash rewards program, which offers users cash back on purchases. The PayPal-owned company announced the expansion Wednesday (April 15), characterizing it as part of its evolution from ...Read moreCross-Border Payments Hit a New Bottleneck at the Data Border
March 31, 2026
The globalization of commerce is an umbrella term defined by the movement of goods, capital and talent. But a fourth dimension is increasingly reshaping the terrain: data. Unlike containers or currencies, data ...Read more