PayPal
PayPal launches ‘Tap to Pay’ on iPhone for U.S. businesses using Venmo and Zettle
PayPal announced today that it’s launching “Tap to Pay” for merchants with an iPhone through the Venmo and Zettle apps in the U.S. PayPal, which owns both Venmo and Zettle,…
PayPal suggests it will be ready to offer ‘offline’ payments when DMA goes into effect
PayPal is working on a new consumer app for its mobile customers, and suggested that it will be “ready” to take advantage of the new EU regulation, the Digital Markets…
PayPal has begun company-wide layoffs, according to multiple reports, including an article published by The Information. It is not yet clear at the time of writing how many people will…
PayPal to pilot new AI-powered updates, including a cash-back feature and ‘Smart Receipts’
PayPal announced today that it will begin piloting a few new upcoming updates to its service, some of which will leverage AI-driven personalization. The company is introducing a new “CashPass”…
Amazon will no longer accept Venmo as a payment option starting next month
Amazon is dropping Venmo as a payment option next month, the PayPal owned mobile payment service announced on its website. The official announcement comes as Amazon notified users last night…
Just three months after PayPal entered the fray to bring stablecoins to the masses, it’s attracting attention from U.S. regulators that are tightening the screws on the stablecoin sector. The…
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With X, Musk is playing the bottom-up game
If you think Musk is ruining Twitter, then yeah, he is. That’s because he’s not in it for Twitter. He’s in it for X, and the current lovers of the platform are collateral damage.
PayPal’s app can now track your packages, even if you didn’t check out with its service
PayPal launched a package tracking feature on its app that allows you to instantly see the status of online orders. Rather than manually entering the order number into a carrier…
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Here’s how fintech Rainforest, a budding Stripe rival, aims to win over software companies
Rainforest raises $8.5M and PayPal gets hit with a lawsuit. We take a look at this and other hot fintech news from the previous week.
PayPal faces new antitrust lawsuit claiming it unfairly stifles competition with Stripe, Shopify and more
PayPal has been hit with a class action lawsuit by consumers represented by law firm Hagens Berman alleging that the fintech giant’s anti-steering rules stifle competition against lower-cost payment platforms…
You can now add PayPal and Venmo credit or debit cards to your Apple Wallet
PayPal announced today that users can now add their PayPal and Venmo credit or debit cards to their Apple Wallet. With this new integration, you can now make payments in-store,…
PayPal announced today that PYUSD, its stablecoin for payments and transfers, is now available on Venmo. PYUSD is available to select users starting today and will be rolling out fully…
Venmo lets you gift money to your loved ones with special Hallmark greeting cards
Venmo is partnering with greeting card manufacturer Hallmark to let you send a physical gift card loaded with money. Hallmark said that this new line of cards will be available…
PayPal is gaining a new CEO, the payments giant announced this morning. Effective September 27, 2023, senior Intuit executive Alex Chriss will become PayPal’s president and CEO, replacing current CEO…
PayPal is rolling out a stablecoin for payments and transfers, the company announced on Monday. PayPal USD (PYUSD) is issued by Paxos Trust Company and is backed by U.S. dollar…
Microsoft, PayPal partner to bring Venmo support to the Microsoft Store and Xbox store
Microsoft and PayPal are expanding their partnership to allow Xbox owners in the United States to use Venmo as a payment method for games, movies, TV shows and apps from…
PayPal launches support for Tap to Pay on Android for merchants using Venmo and Zettle in the US
PayPal announced today that the company is launching a tap-to-pay feature for merchants with an Android phone through the Venmo and Zettle apps in the U.S. As a reminder, PayPal…
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Mastercard, PayPal and Robinhood dive deeper into crypto as industry shows ‘promise’
A number of brand-name mainstream financial institutions have been rolling out new crypto products and services in an attempt to make the space more accessible.
Visa partners with PayPal, Venmo and others to power interoperable digital payments
Visa is partnering with a host of financial service and payment companies for a new interoperable peer-to-peer (P2P) payment offering, one that allows people to transfer money to friends even…
PayPal adds Apple Pay support for small merchants using Advanced Checkout
PayPal is adding new tools for small business owners, including Apple Pay support at checkout, the option for customers to save their cards for this specific site and access to…
Germany is looking into PayPal’s terms for merchants
Veteran tech giant PayPal is facing an antitrust investigation in Germany — where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. The regulator is…
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Will Twitter, PayPal and Walmart compete to launch America’s super app?
Twitter, PayPal and Walmart could find themselves competing to monetize the financial lives of millions of people. Which one has the best odds of winning, or is there actually room for several leaders?
PayPal is primarily known as an online payment method. But the company wants to become an easy way to get started with cryptocurrencies. In that regard, ConsenSys, the company behind…
After Stripe and Square, Venmo and PayPal are set to support Apple’s Tap to Pay on iPhones
PayPal announced Thursday that it will soon support Apple’s Tap to Pay on iPhones. The company said in its Q3 2022 earnings report that both PayPal and Venmo will soon…
Amazon announced that it will now allow customers to make payments through Venmo on its platform. The company said this option will be available to select customers starting today and…
PayPal is making it easier to log in to its services — if you’re an Apple device user, that is. The payments giant today announced that it’s adding passkeys as…
PayPal debuts a new rewards program that combines Honey’s discounts with other ways to earn
PayPal is taking a step away from the Honey brand, the $4 billion shopping rewards acquisition it made in 2019, with today’s launch of PayPal Rewards. The new program will…
Venmo rolls out ‘Charity Profiles’ to allow charities to raise funds directly within its app
Venmo is launching a new feature called “Charity Profiles” that will allow charities to raise funds and receive donations directly within its app, the PayPal-owned company announced on Monday. The…
For LatAm payment orchestration startups, market fragmentation is a blessing in disguise
To be successful in Latin America, payment orchestrators must provide a robust value proposition that meets the unique conditions of the region.
PayPal debuts ‘Grant Payments’ to shift charitable giving from paper checks to electronic transfers
PayPal is expanding further into the charitable donations business with this morning’s launch of support for Grant Payments, the company has announced. The new product has been created in partnership…