PayPal News & Media

Former Paypal CEO intros Evergreen Money high yield checking account

June 26, 2024

Bill Harris, the former CEO of Paypal, recently launched Evergreen Money, a digital wealth advisor which offers Liquid Treasuries, a checking account that…

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Paypal to integrate Apple Wallet

October 4, 2023

Paypal Holdings Inc. has announced that customers can add Paypal or Venmo credit and debit cards to Apple Wallet and make payments with one tap, according to a…

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Venmo intros teen account

May 23, 2023

Venmo, a digital payments platform owned by PayPal Holdings Inc., has introduced the Teen Account for users between the ages of 13 to 17-years old. Parents can…

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PayPal partners with Amazon to offer Venmo at checkout

November 10, 2021

PayPal recently partnered with Amazon to allow customers in the U.S. to use Venmo to pay for Amazon purchases at checkout. The companies will roll out this…

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Paypal intros cryptocurrency service to U.K.

August 31, 2021

Paypal has introduced its cryptocurrency service in the U.K., which customers can use to buy, sell or hold bitcoin, Ethereum, Litecoin and Bitcoin Cash.

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Paypal accounts for half of digital wallet complaints over last 4 years

August 2, 2021

In the last four years, customers have sent in 9,300 complaints regarding mobile or digital wallets to the US Consumer Financial Protection Bureau. Of those…

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Softtouch adds touchless PayPal, Venmo options

May 26, 2021

Softtouch POS & Payments, a fintech company, has introduced touchless PayPal and Venmo payment acceptance capabilities. Now, customers can use PayPal and…

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Munich first European airport boasting PayPal QR code at POS

May 7, 2021

Munich Airport is the first airport in Europe to introduce PayPal QR code, offering customers a mobile and cash free payment system for all its 41 stores and…

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PayPal Business Debit Mastercard expands European market reach

September 24, 2020

PayPal and Mastercard will continue the global expansion of its PayPal Business Debit Mastercard.

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PayPal hires Wells Fargo’s SVP Peggy Mangot for venture capital team

August 5, 2020

PayPal has hired Peggy Mangot, a Wells Fargo former senior vice president, to its venture capital team.

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PayPal-backed Raise Marketplace launches Slide

July 27, 2020

Raise Marketplace, a Chicago-based firm that offers the Raise gift card app, has launched Slide, a new mobile payments app with a 4% rewards feature and an…

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PayPal and Intuit given go ahead to participate in PPP

April 14, 2020

As banks across the country continue to work with the U.S. government to distribute the $350 billion set aside to help small businesses, Financial Innovation…

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PayPal acquisitions squeeze earnings outlook

by David Jones — Editor, Networld Media Group

PayPal shares fell Thursday after the company warned that a slew of recent acquisitions would put a slight dent in near-term forecasts. The payments firm has…

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Vodafone pulls out of Facebook-backed Libra Association to focus on M-Pesa

January 22, 2020

Vodafone Group, a U.K.-based telecommunications conglomerate, became the latest company to pull out of Libra, the Facebook backed digital currency project.

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Citi, PayPal enter deal to enable institutional payments directly into mobile wallets

December 16, 2019

Citi and PayPal entered an agreement to enable the bank's institutional clients to be able to make direct payments into PayPal digital wallets.

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Digital payments market expected to reach $132.5B by 2025

November 11, 2019

The global digital payments market will reach $132.5 billion by 2025, based on a compound annual growth rate of 17.6% over the next six years, according to a…

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PayPal drops out of Facebook's Libra

October 4, 2019

PayPal Holdings Inc. has withdrawn its support for Facebook's future cryptocurrency Libra, according to a spokesperson for the payments provider.

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A change in-store? With iZettle buy, PayPal extends its reach in retail payments

by Will Hernandez — Editor, NetWorld Media Group

PayPal's planned purchase of iZettle the "European version of Square," will extend the online payment giant's reach in the retail payments space, particularly…

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Partnership to let Wells Fargo customers make mobile payments via PayPal

April 20, 2017

Wells Fargo & Co. has announced that its retail customers soon will be able to use PayPal to make purchases with their NFC-enabled Android device at…

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PayPal, MasterCard strike mobile wallet deal

September 6, 2016

PayPal and MasterCard have expanded their partnership on three fronts: by making MasterCard a clear payment option within PayPal; by enabling Masterpass as a…

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