To say agentic AI is having quite a week is an understatement. And the week is only half over. Several payment companies have hung major news announcements on this trend that is moving at an unprecedented speed even for artificial intelligence (AI). How fast? So...
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 Chriss said PayPal continues its transformation from “a payments company to a commerce platform.” Get...
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 of a strategic partnership with Verifone represents another big step by PayPal toward that vision....
The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
November 14, 2024
The payment and commerce platforms PayPal, Shopify and Block have long been developing ecosystems for merchants. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to […]
October 29, 2024
With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology...
July 30, 2024
If the global consumer is showing signs of cutting spending, PayPal didn’t get that email. The digital payments and peer-to-peer platform on Tuesday (July 30) posted better than expected Q2...
February 07, 2024
Slowing growth. A churning of inactive accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
January 30, 2024
PayPal will eliminate about 2,500 positions, or about 9% of its workforce, this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]
December 14, 2023
Former PayPal President and CEO Dan Schulman will leave the company’s board of directors at the end of the year. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
August 14, 2023
PayPal has named longtime Intuit executive Alex Chriss to serve as its new president and CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...