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PayPal’s Schulman: Digital Payments To Be $100T Market

There are markets, and there are $100 trillion markets. And might digital payments be in that $100 trillion classification? In an interview...

1.7K

Retail

Why Subscription Merchants Are Offering Mobile Optimization With Payments

From consumer packaged goods (CPG) to technology, companies in all sorts of industries are adopting the subscription business model. But, despite the...

Tidal Music Streaming Service Now Accepts Venmo

2.2K

Digital Payments

Tidal Music Streaming Service Now Accepts Venmo

Tidal, the music streaming service owned by Jay-Z, now accepts Venmo as a way to pay for the service, according to reports....

5.4K

Digital Payments

Venmo And Zelle’s P2P Battle Royale

The fourth quarter of 2018 was kind to Venmo and Zelle, the two big peer-to-peer (P2P) services that are battling for consumer...

3.6K

Earnings

PayPal’s Hit And Miss For Q4

PayPal kept its 2018 earnings beat streak alive, notching its fourth consecutive earnings beat with its Q4 results announcement yesterday (Jan. 30). Revenue, however, was...

2.4K

Commentary

Modo CEO: 2018 Was The Year Of Utility

Bruce Parker, founder and CEO of Modo, contributed the following piece as part of PYMNTS’ 2018 year-end eBook. ’Twas December 2017, and...

7.5K

Digital Payments

Venmo Payment Fraud Leads To $40M In Losses

Venmo, the digital money transfer service owned by PayPal, suffered payments fraud earlier in 2018 that played a role in the company...

4.3K

eCommerce

BigCommerce Now Supports Venmo, Masterpass

BigCommerce, the eCommerce platform for fast-growing and established brands, announced Wednesday (November 14) the addition of Venmo and Masterpass as supported payment...

4.3K

Retail

Retailers Team With Providers For eCommerce Payments’ Tear

Online shopping is on a tear, and marketplaces are reaping the rewards. Some sites are seeing more active buyers and higher gross...

4.7K

Digital Payments

Venmo Now Accepted At Shopify Merchants

Shopify announced late last week that it is adding Venmo as a checkout option for its Shopify Merchants that use PayPal checkout....

4.8K

Digital Payments

Zelle, Venmo P2P Payments Race Gains Fresh Fuel In Q3

The third quarter proved more than kind to peer-to-peer (P2P) payments, at least according to financial results for the two main competitors,...

PayPal Shares Jump On Positive Earnings News

4.2K

Payments Innovation

PayPal Shares Jump On Positive Venmo, Earnings News

Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on...

4.3K

Earnings

PayPal Posts 25 Pct Jump In Payments Volume

PayPal posted results Thursday (Oct. 18) after the markets closed that showed double-digit growth in overall transaction volume and payments volume, and...

6.5K

Faster Payments

Venmo Raises Rate For Instant Transfers

Venmo, the digital payment unit of PayPal, has raised the fee for instant transfers when moving money from their account to a...

5.3K

Personnel

Square CFO Departs, Shares Sink

Square announced that its CFO is stepping down, which caused the company’s shares to fall in after-hours trading. Square’s CEO Jack Dorsey...

4.1K

Disbursements

Why Gig Workers Prefer PayPal Over Direct Deposit

In the latest Disbursements Tracker, PYMNTS looks at why a growing group of gig workers and freelancers would rather be paid via...

3.5K

Delivery

Food Delivery Firms Battle To Stand Apart As Business Grows

Food delivery is moving into a higher realm, one that is about much more than ordering up a meal via a mobile...

5.3K

Mobile Applications

Square Eyes Banking Services Via Cash App

Square is in consideration of offering traditional banking services through its peer-to-peer (P2P) payment app. At Recode’s annual Code Commerce conference in...

4.9K

Payments Innovation

PayPal Smart Buttons Goes Global

Two and a half months ago, PayPal launched Smart Buttons in the U.S. as a way to improve the checkout experience for...

4.4K

Startup Check-In

How Banks Can Connect To Emerging Payment Methods

Banks have honed their systems for decades to manage payments seamlessly and efficiently, while providing great client service with Titanic amounts of...

4.9K

Security & Fraud

Venmo Might Get Rid Of Public Transaction Posts To Protect User Privacy

Executives at PayPal are deciding whether they should remove the option to post and view public transactions on Venmo. According to Bloomberg,...

2.4K

Data Dive

Data Dive: Expanding Efforts — Good, Bad And Unpredictable

Variety, we are told, is the spice of life — and it is important to always try new things. Sometimes this is...

10.4K

Payment Methods

Zelle Eyeing Expansion Into Small Business Payments

Zelle, the digital payment app that enables consumers to send money to friends and family, is gearing up to expand its offering...

3.2K

Mobile Payments

Square Cash Downloads Top Venmo

Cumulative downloads of Square‘s Cash App surpassed PayPal‘s Venmo for the first time ever after Square’s service grew three times faster than its...

2.8K

Ecosystems

A Bundle Of Contradictions: The Online Privacy Landscape

At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax...

3.0K

Retail

Abercrombie & Fitch Adds Venmo To Mobile Apps

Abercrombie & Fitch is adding Venmo to its app, and the Hollister app, in an effort to bring a payment option geared...

3.1K

Mobile Payments

Venmo Critics Cite Ongoing Privacy Concerns

As PayPal tries to turn Venmo into a mainstream payments app, there are concerns over consumer privacy. Venmo users link their bank...

7.0K

Digital Payments

Zelle P2P Volume Grew To $28 Billion In Q2, Against Venmo’s $14 Billion

Venmo, the P2P service owned by PayPal, took in more than $14 billion in payments volume during the second quarter of 2018,...

3.5K

Earnings

PayPal Pays A Price For A Disappointing Revenue Forecast

PayPal second quarter earnings were in yesterday (July 25), and despite the fact that PayPal beat analysts’ expectations on revenue, usership and...

3.1K

Data Dive

Winning, Losing And Playing Catch-Up

While the world loves to pick winners and losers – and will occasionally turn things into horse races that possibly shouldn’t be...

4.1K

Mobile Payments

Snapchat Exits P2P

Snapchat is closing down Snapcash, its peer-to-peer payment space, on August 30. According to reports, there is code buried in Snapchat’s Android...

6.0K

Mobile

Zelle Catches A Growth Wave, Threatening Venmo

The Q2 earnings season has just kicked off, and it’s already helping shedding light on recent developments in the peer-to-peer (P2P) world...

5.4K

Security & Fraud

Users Of Digital Payment Services Have Difficulty Recovering Mistakes

Digital peer-to-peer payment services like Venmo are growing in popularity, but according to a report in The Wall Street Journal, consumers who...

5.1K

Partnerships / Acquisitions

Uber And Venmo Ink Payment Partnership

Uber and Venmo, the payment app owned by PayPal, announced on Thursday (July 12) that they’re partnering to deliver a new payment...

4.2K

B2B Payments

Smaller Firms Targeted For Big Hauls By Payments Fraudsters

Size matters when it comes to payments fraud, it seems. Recent stories show local companies targeted for big payouts, done through fake...

5.1K

Mobile Payments

PayPal’s Bill Ready On Making Checkout Smarter For Consumers And Merchants

Fighting payments friction is more or less PayPal’s DNA. In its early days (a little less than two decades ago), PayPal solved...

7.2K

Payments Innovation

PayPal Rolls Out Checkout With Smart Payment Buttons

Today PayPal is launching Checkout with Smart Payment Buttons, the latest salvo in the firm’s ongoing war against checkout friction. Friction during the...