PYMNTS

SEPTEMBER 30, 2019

PayPal Holdings announced that it can do business in China after buying a controlling stake in a domestic payments firm. The deal would make PayPal the first foreign firm to enter China’s payment services market. The People’s Bank of China has approved PayPal Information Technologies Co., GoPay), Ltd.,

United States 169

United States Mobile Online Payments 169

PYMNTS

JANUARY 4, 2019

PayPal has reported a more than twelvefold boost in revenue at its Indian payments subsidiary. As a result, a source said the company has increased its investments in India, including a boost in technology augmentation, hiring new employees in the country and opening a new office in Mumbai. For us, the marathon has just begun.”.

Innovation 193

Innovation Online Google Technology 193

PYMNTS

APRIL 9, 2020

PayPal’s CEO told investors and customers that the California-based electronic payments company deserves kudos for its performance last year. In a letter to the PayPal community posted on LinkedIn on Thursday (April 9), Dan Schulman said the company ended last year with many accomplishments. GoPay) for an undisclosed amount.

California 151

California US Community Payments 151

Bank Innovation

OCTOBER 2, 2019

This week, PayPal expanded the scope of its global ambitions through a 70% equity stake in Chinese payments company Guofubao Information Technology, which is known as GoPay. Through it, PayPal acquired a license to operate in China and access to millions more customers.

Marketing 170

Marketing Operations Payments Technology 170

PYMNTS

JANUARY 6, 2020

PayPal has completed a $4 billion deal — its largest to date — to acquire the shopping rewards platform Honey Science Corporation , PayPal announced Monday (Jan. With Honey, PayPal is striving to revamp the shopping journey for its customers while upping eCommerce sales and shopper engagement for its merchants.

Los Angeles 148

Los Angeles Tools Retail California 148

PYMNTS

FEBRUARY 7, 2020

Air Canada has announced that it is introducing a brand new payment option for Canadian customers when they’re buying tickets on aircanada.com: PayPal. Customers can use the payment option to buy tickets and pay with whatever payment they prefer that’s linked to PayPal. The payment company has over 300 million users around the world.

America 191

America Online Payments Strategy 191

PYMNTS

APRIL 2, 2019

PayPal has invested in a blockchain company for the first time — one that’s focused on using the technology to help give users greater control over their digital identities, according to reports. The company is called Cambridge Blockchain, and PayPal participated in a Series A funding round. The company has raised $3.5

blockchain 197

blockchain San Jose Massachusetts United States 197

PYMNTS

AUGUST 14, 2019

As PayPal reaches saturation points in Western markets, it wants to continue to expand internationally, especially in India, where the country’s 450 million mobile users make it an attractive target for retailers. PayPal considers the country critical to its growth. PayPal faces some challenges though. . Both Chinese and U.S.

Mobile 181

Mobile Capital Regional Google 181

PYMNTS

DECEMBER 23, 2019

Payments company PayPal recently acquired Chinese payment platform GoPay, and it wants to continue to complete such deals, according to a report by The Wall Street Journal. This important step will allow us to be a stronger partner to Chinese financial institutions and technology platforms.”. The challenge is to find the right fit.”.

Company 142

Company US National Payments 142

PYMNTS

FEBRUARY 20, 2019

In an interview with CNBC, PayPal CEO Dan Schulman estimated the market will come into that size, noting, “That’s sort of the market — total adjustable market — we’re playing into.” The interview touched on competition between Zelle and Venmo, and the PayPal CEO said that there are differences in how the platforms are used.

Marketing 218

Marketing Payments Regional Company 218

PYMNTS

JANUARY 22, 2019

At the World Economic Forum in Davos, Switzerland, executives of PayPal and Mastercard touted partnerships between financial technology companies and banks as a positive way to gain customers’ trust and innovate new ways for customers to interact with their finances. On Tuesday (Jan.

Fintech 194

Fintech Apple User Experience Examples 194

PYMNTS

JULY 2, 2019

But a new offering from PayPal and Visa could help ease those frustrations and hassles. The two payments firms announced on Tuesday (July 2) the launch of PayPal’s Instant Transfer in Canada for SMBs and individual consumers. Digitalization has brought about faster technology, but paradoxically, sometimes slower access to funding.

Tools 198

Tools United States Cards Payments 198

PYMNTS

FEBRUARY 7, 2019

A new report from the State Bank of Pakistan says a lack of electronic payment services like PayPal in the country has led the nation to lose out on as much as $2 billion in payments related to the information and communication technology sector. “The absence of PayPal is a major concern,” the report stated.

National 165

National Taxes Report Payments 165

PYMNTS

JULY 31, 2019

says its insurance customers can now receive claim payments through the digital platform PayPal. Auto, property and general liability claims can use Travelers’ link to PayPal for fast and easy reimbursement, the company said in a press release on Wednesday (July 31). The Travelers Companies, Inc.

Company 163

Company Payments Boston Industry 163

PYMNTS

MAY 30, 2018

PayPal announced Tuesday (May 29) that it has acquired Jetlore , the artificial intelligence-powered prediction platform. In a blog post , PayPal said Jetlore’s platform is used by some of the leading retailers around the globe. All three will join PayPal. This isn’t the only acquisition PayPal has made in recent days.

Customer Experience 148

Customer Experience Retail California Online 148

PYMNTS

FEBRUARY 4, 2020

Cloud-based payments technology company Aliaswire announced that it has hired Jed Rice, a former PayPal executive, as its new CEO, and has appointed him to its board of directors, according to a Tuesday (Feb. 4) press release. . Aliaswire is currently under a transformation of sorts, and it has actively started a new period of growth.

Leadership 130

Leadership Innovation Marketing Technology 130

PYMNTS

DECEMBER 19, 2019

PayPal has acquired a 70 percent equity stake in Guofubao Information Technology ( GoPay ) and will head to China as the country’s first online-only payments platform, PayPal said in a press release on Thursday (Dec. GoPay is licensed for digital and mobile transactions and operates similar to PayPal.

Mobile 133

Mobile Online US Marketing 133

PYMNTS

OCTOBER 22, 2018

22) a strategic investment from PayPal. In a press release , Tala said the undisclosed investment from PayPal will help the company bring visibility and access to underserved regions in emerging markets across the world. Tala, the consumer lending app in emerging markets, announced Monday (Oct.

Lending 193

Lending Company Marketing Regional 193

BankInovation

AUGUST 3, 2022

PayPal Holdings increased its technology and development spend while focusing on talent acquisitions in the second quarter. The payments company’s tech and development spend climbed 9% year over year, reaching $815 million in Q2, according to the earnings release. “We

Technology 98

Technology Payments 98

Bank Innovation

SEPTEMBER 14, 2017

EXCLUSIVE- P2P is changing, as new entrants like Zelle come into the market, which means payments companies have a lot of opportunities to hit or miss the technology. One of the reigning P2P champions, PayPal, is keeping its approach to this expanding market simple: by remembering that cash is still king for the majority of […].

Marketing 191

Marketing Technology Payments Company 191

BankInovation

FEBRUARY 10, 2023

PayPal Holdings increased its technology and development spend year over year as the company reduced its headcount in January. WHY IT MATTERS: PayPal, one of many tech companies worried about economic uncertainty like Stripe and Amazon, reduced its headcount by 7% — 2,000 employees — the company announced last month.

Technology 52

Technology Company Payments 52

PYMNTS

JULY 23, 2019

Following mandates by the Reserve Bank of India (RBI), PayPal is opening a tech center in Hyderabad to ensure all data is stored exclusively on local servers. The Hyderabad center, PayPal’s third technology center in India, will focus on data science, risk management and machine learning to help businesses protect themselves from fraud.

Data 134

Data Fraud Risk Management Google 134

PYMNTS

APRIL 23, 2018

tells PYMNTS that this is Samsung Pay’s vision — not only with its own mobile wallet (which uses both NFC and backward-compatible MST technologies), but also with strategic partners as it unlocks these omnichannel opportunities. PayPal users who link their PayPal accounts to Samsung Pay will receive a virtual account with a $5.00

Samsung 167

Samsung Payments Retail Cards 167

PYMNTS

JUNE 3, 2020

PayPal has re-upped its stake in Tink with an investment of an undisclosed size that was part of a previously announced 90 million euro funding round. It has already acquired Eurobits , which specializes in account aggregation technology. This is where the market is heading.”. Tink has been on the move this year. million euros ($17.2

Fintech 134

Fintech Data Trends Marketing 134

BankInovation

MAY 9, 2023

PayPal focused on operational efficiencies in the first quarter as AI presented opportunities for the company to save money and improve workflows. During the quarter, PayPal reduced its technology and development spend 12% year over year to $721 million, driven by an increased focus on cost control, according to the earnings presentation.

Operations 52

Operations Technology Company Payments 52

PYMNTS

JULY 16, 2018

cross-border ePayment provider, announced on Monday (July 16) a $50 million round of investment led by PayPal. In a PayPal press release , the company said that in addition to its investment, Citi Ventures and returning investor HPE Growth Capital participated in the round of fundraising. PPRO Group , a U.K.

Groups 116

Groups Payments Capital Fintech 116

PYMNTS

JUNE 20, 2019

Big news from PayPal — the payments firm on Thursday afternoon (June 20) that COO Bill Ready is leaving the company. According to a statement from PayPal , “Ready will transition at the end of 2019 to pursue entrepreneurial interests outside the company.” Prior to that, the payments veteran was president of iPay Technologies.

Company 129

Company Leadership Maine Payments 129

PYMNTS

MARCH 5, 2018

PayPal looks to increase the adoption of cryptocurrency as a payment method by recently filing for a patent application. With the patent application, PayPal aims to avoid sending a transaction and waiting for it to be added to the next block. The technology — there is real merit to it.

Payments 158

Payments Bitcoin cryptocurrency blockchain 158

The Paypers

SEPTEMBER 12, 2023

US-based financial technology company PayPal has introduced On and Off-Ramps to support Web3 payments and improve access to digital currencies.

Payments 69

Payments Financial Technology US Technology 69

PYMNTS

AUGUST 1, 2019

Bill.com has tapped former PayPal executive Josh Goines to lead its strategic relationships with technology companies. At PayPal, Goines formed strategic partnerships with payment networks and global financial institutions that included JPMorgan Chase, Bank of America, and Citibank.

America 119

America Innovation US Software 119

The Paypers

DECEMBER 15, 2023

SAP has expanded its integration with PayPal by creating a digital payments plug-in for the PayPal Braintree platform built on SAP Business Technology Platform (SAP BTP).

Payments 41

Payments Technology 41

Bank Innovation

MARCH 24, 2016

Is the expansion of Apple Pay’s functionality to include website functionality enough to enable the tech company’s payments venture to top PayPal, the reigning king of mobile payments? This Read More.

Apple 150

Apple Mobile Technology Payments 150

BankInovation

FEBRUARY 4, 2022

PayPal Holdings Inc.’s s technology and development spend in Q4 2021 reached $796 million, a 9% year-over-year increase. The upward tick in technology […].

Technology 97

Technology Operations Payments Company 97

PYMNTS

NOVEMBER 20, 2019

PayPal has announced that it’s going to acquire Honey Science Corporation , a shopping discount and rewards platform. The acquisition will cost PayPal $4 billion, and Honey will “transform the shopping experience for PayPal’s consumers while increasing sales and customer engagement for its merchants.”.

Los Angeles 100

Los Angeles Retail Online Tools 100

PYMNTS

JUNE 17, 2019

The dispute over the Office of the Comptroller of the Currency ‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly caused technology conglomerates to shy away from a tool that aims to provide nonbank firms with a more streamlined way to operate on a national level.

Google 142

Google National Fintech Regulation 142

PYMNTS

DECEMBER 18, 2019

To tackle them, Citi announced a partnership with PayPal , allowing Citi’s institutional clients to make payments into their own customers’ PayPal digital wallets. According to Magats, Citi and PayPal are complementary in terms of assets and global aspirations. ” Payer Pain Points.

Payments 131

Payments Analytics Company Trends 131

PYMNTS

NOVEMBER 19, 2020

Securities and Exchange Commission filing, the startup founded by PayPal cofounder Max Levchin saw a 93 percent spike in revenue growth for the fiscal year that ended on June 30, hitting $510 million. In the three months ending Sept. 30, revenue grew 98 percent year over year. “We

Trends 182

Trends Payments System Security 182