Showing results for 'PayPal ' in Articles
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Class-action lawsuit accuses PayPal of anticompetitive pricing

06 Oct 23 @ 11:49

Consumers have filed a class-action lawsuit against Venmo and PayPal, alleging it enacts illegally anticompetitive policies through its anti-steering rules that ultimately lead to millions of consumers paying excess charges annually,... read more

PayPal integrates Apple Wallet for In-Store and online payments

04 Oct 23 @ 15:58

PayPal has revealed that users can now add their PayPal and Venmo credit or debit cards to their Apple Wallet – a move that was announced last year as part... read more

PayPal launches US dollar backed stablecoin PayPal USD

10 Aug 23 @ 09:00

PayPal has announced the launch of a US dollar-denominated stablecoin, PayPal USD (PYUSD). According to the company, fully-backed, regulated stablecoins have the potential to transform payments in web3 and digitally... read more

PayPal and KKR announce €40 billion European BNPL deal

21 Jun 23 @ 16:40

PayPal and KKR have announced the signing of an exclusive multi-year agreement under which KKR will purchase up to €40 billion of buy now, pay later (BNPL) loan receivables originated... read more

PayPal and Visa announce digital wallet partnership

12 Apr 23 @ 17:00

PayPal and Visa announced a strategic partnership in the US that will result in an improved and more seamless payment experience for Visa cardholders and offer greater choice in how... read more

PayPal Germany hit with antitrust regulatory probe

24 Jan 23 @ 17:14

PayPal has fallen foul of antitrust investigators in Germany – where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. Germany’s cartel office said it had initiated... read more

Polish regulator takes aim at PayPal “prohibited activities”

25 Nov 22 @ 16:38

UOKiK, the Polish regulator  for Competition and Consumer Protection, is reported to have started proceedings against PayPal over possible prohibited contractual provisions, adding that the possible fine could amount to... read more

PayPal makes big move in support of passkey

24 Oct 22 @ 20:02

PayPal says that it is introducing support for passkey, providing what it says will be an easier and more secure login method for PayPal accounts. Passkeys are an industry standard developed... read more

PayPal shares plunge as company reports decline in volume

03 Feb 22 @ 10:34

Just days after all three major networks provided the market with monster updates, PayPal seems to be feeling the pressure. PayPal shares fell more than 25% in early trading on... read more

PayPal confirms reports it is “exploring” stablecoin launch

11 Jan 22 @ 11:55

PayPal has confirmed numerous reports that it is working on a stablecoin. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal, confirmed: “We are exploring... read more

Cryptocurrency accelerates on mobile with PayPal leading rankings

05 Nov 21 @ 16:27

As cryptocurrency continues to rise in popularity, there’s been an acceleration of new and growing apps with capabilities to buy, store and sell crypto. This has also led to larger... read more

PayPal doubles down on red hot BNPL market with Paidly acquisition

08 Sep 21 @ 08:15

PayPal has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later (BNPL) solutions in Japan, for ¥300 billion or approximately $2.7 billion, principally... read more

PayPal allows UK users to buy and sell cryptocurrencies

23 Aug 21 @ 12:11

PayPal has announced that UK users can now buy, hold and sell cryptocurrencies through the payment platform for the first time, the service launched in the US in 2020. The... read more

PayPal looks to launch crypto trading in the UK

03 Aug 21 @ 15:24

PayPal says it is going to use the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s Q2 earnings call, PayPal has done... read more

Payoneer replaces PayPal in latest agreement with eBay

04 May 21 @ 09:00

As eBay further distances itself from its PayPal relationship and looks to consolidate its payments inhouse, the e-commerce monster has signed a new deal with Payoneer. Payoneer says it is... read more

PayPal wins in China…loses out in Indian payments market

08 Feb 21 @ 16:10

PayPal has been driven by market forces to close down its payment operations in India. Instead, it will scale up its existing cross-border business for small enterprises, to gain a... read more

PayPal wins Chinese payments race with full ownership of payment business

19 Jan 21 @ 17:21

PayPal has manged to fend off serious competition and achieve what no other foreign company has been able to do to date becoming the first foreign operator with 100% control... read more

PayPal wins prepaid and digital wallet case against U.S. CFPB

07 Jan 21 @ 18:07

A federal judge has invalidated part of a U.S. Consumer Financial Protection Bureau rule governing prepaid cards and digital wallets, emphatically agreeing with PayPal that the agency overstepped its authority.... read more

PayPal takes cryptocurrency mainstream with access to its network

22 Oct 20 @ 11:09

PayPal announced it will allow customers to hold bitcoin and other cryptocurrency in its wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service... read more

PayPal reports 86% increase in profits – shift from cash permanent

10 Aug 20 @ 14:08

PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... read more

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Visa targets dispute costs with new AI tools for merchants and banks

02 Apr 26 @ 18:44

Visa is stepping up its effort to modernise one of the most cumbersome parts of the payments chain, launching a suite of artificial intelligence-powered dispute... more

Swift moves from concept to execution with Blockchain

02 Apr 26 @ 18:44

Swift is moving its blockchain-based shared ledger from design theory into practical deployment, marking a notable moment in the evolution of institutional cros... more

Visa launches Intelligence Commerce Connect tool

14 Apr 26 @ 20:03

Visa is stepping up its push into agentic commerce with the launch of Intelligent Commerce Connect, a new tool intended to help businesses plug into AI-driven s... more