SEC subpoenas PayPal over its USD-pegged stablecoin

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 pa

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 website or searching y

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

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, online or on apps using

PayPal’s PYUSD stablecoin is now available on Venmo

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 in the coming w

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 for $4.99 on the compan

PayPal announces senior Intuit exec Alex Chriss as new CEO

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 curren

PayPal launches PYUSD stablecoin for payments and transfers

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 deposits, short-term U.

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 the Xbox store. Customers can

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 owns both Venmo and Ze

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 if they

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 IC++ pricing. Small and

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

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 and MetaMask team up to make it easier to buy crypto

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 MetaMask, announc

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 support this tech as a par

Amazon now allows customers to make payments through Venmo

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 will roll out to
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