PayPal announced Tuesday (July 3) the closing of its deal with Synchrony, in which it acquired $7.6 billion in receivables from PayPal. In a press release, PayPal said the receivables include PayPal’s U.S. consumer credit receivables portfolio, which totaled $6.8 billion at the time of...
June 03, 2025
PayPal introduced a new physical card that enables customers to use PayPal Credit for in-store purchases. 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 […]
July 03, 2018
PayPal announced Tuesday (July 3) the closing of its deal with Synchrony, in which it acquired $7.6 billion in receivables from PayPal. In a press release, PayPal said the receivables...