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.,

PayPal 67

PayPal Cross-Border Online and Mobile Banking Debit Card 67

PYMNTS

NOVEMBER 25, 2019

PayPal and Discover have joined forces to allow customers to use the credit card’s Cashback Bonus or Miles to buy things through PayPal, according to a Monday (Nov. Our customers loved seeing PayPal added to this year’s categories in the 5% Cashback program. bank account without the need to share sensitive data.

PayPal 60

PayPal Zelle Online and Mobile Banking Enrollments 60

PYMNTS

SEPTEMBER 30, 2019

PayPal has bought a majority stake in Chinese payments group Guofubao (NationPay), and has acquired a payments license in the country, according to a report by the Financial Times. . PayPal bought a 70 percent stake in the company for an undisclosed amount, and the country’s central bank approved the deal.

PayPal 67

PayPal Online and Mobile Banking Central Bank Cross-Border 67

Stax

APRIL 18, 2024

According to Forbes , “mobile payments are increasingly being used by U.S. Not only are there a number of ways your customers could be using their mobile devices to give payments, but you as a business owner could be leveraging mobile devices to accept them as well. What is mobile credit card processing?

Credit Cards 88

Credit Cards Process Online and Mobile Banking Mobile Payments 88

Stax

SEPTEMBER 17, 2024

A payment gateway is a must-have for online stores. And the best way for online businesses to start accepting payments is with a payment gateway. TL;DR A payment gateway is a solution that securely reads and transfers a customer’s payment information to a merchant’s bank account—both for online and in-person transactions.

Payment Gateways 88

Payment Gateways Gateways Payment APIs and Integration Online and Mobile Banking 88

PYMNTS

SEPTEMBER 15, 2020

Emerging markets have their own challenges when it comes to banking, where big, traditional financial institutions (FIs) are anything but efficient. Consider the fact that in Mexico it can take four to six months to open a business account — and as much as a year to get access to a debit card. Widening Debit’s Acceptance.

Debit Card 103

Debit Card FinTech Online and Mobile Banking Account Takeovers 103

PYMNTS

APRIL 23, 2018

Using NFC mobile wallets in stores has seen lackluster adoption despite their slick and convenient user experience. Digital wallets are only as convenient as they are useful, and as a form factor substitute for plastic cards, consumers don’t feel they’re much of either. Sang Ahn, VP and general manager of Samsung Pay U.S.

PayPal 66

PayPal Online and Mobile Banking Payments Debit Card 66

PYMNTS

APRIL 17, 2018

PayPal has inked a deal with point-of-sale (POS) company ebizmarts to help retailers offer both POS and digital payments. According to news from Mobile Payments Today , under the partnership, PayPal’s mobile card product will be combined with ebizmart’s mobile app Magento.

PayPal 40

PayPal Point-of-Sale (POS) Online and Mobile Banking Debit Card 40

PYMNTS

JUNE 19, 2018

PayPal said on Tuesday (June 19) that it will buy payments payout platform Hyperwallet for $400 million in cash. The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement. As for PayPal , it recently bought Jetlore , the artificial intelligence-powered prediction platform.

PayPal 50

PayPal Multi-Currency Debit Card Processors 50

PYMNTS

SEPTEMBER 12, 2016

PayPal is making deft maneuvers in its efforts to quickly build and scale a global payments platform. We take a look at the recent goings on in PayPal’s ecosystem. PayPal is intent on being accepted as a method of payment at store checkouts throughout Mastercard’s and Visa’s mobile contactless payments systems.

PayPal 64

PayPal Online and Mobile Banking Visa Venmo 64

Stax

AUGUST 29, 2024

The dominance of cashless commerce means only businesses that ensure the seamless processing of in-store and online credit and debit card payments will remain competitive. The company also provides a card reader and mobile POS app for free. Read on to find out.

Payment Service Provider (PSP) 88

Payment Service Provider (PSP) Service Provider Payment Gateways Online and Mobile Banking 88

PYMNTS

JANUARY 26, 2018

After first announcing the service last summer, PayPal has released an instant transfer feature that lets consumers send money from Venmo to their debit cards without waiting days for their funds to appear, The Verge reported. The service will only work with Visa and Mastercard debit cards, however.

Venmo 41

Venmo PayPal Debit Card Online and Mobile Banking 41

Stax

APRIL 18, 2024

Accepting credit card transactions is no longer a decision of whether to but rather how to. With cashless now BEING king, credit and debit cards are the primary method for your customers to make payments. of consumer payments came through card payments. Card Network (e.g., Card Network (e.g.,

Credit Cards 88

Credit Cards Process Online and Mobile Banking Processors 88

Clearly Payments

MARCH 18, 2024

They’re also big fans of mobile wallets. billion mobile wallet users worldwide, with Gen Z and Millennials leading the pack. When it comes to credit cards, they’re using them smartly. They still use credit cards too, for about 26% of their transactions. Cash usage dips to around 13%.

Credit Cards 94

Credit Cards Federal Reserve FedNow Online and Mobile Banking 94

PYMNTS

OCTOBER 5, 2020

Venmo , the mobile payment service owned by PayPal , announced Monday (Oct. 5) it has introduced its first-ever credit card issued by Synchrony and powered by the Visa network, according to a press release emailed to PYMNTS. In July, PayPal reported a record second quarter. billion ($1.29

Venmo 90

Venmo Credit Cards PayPal Online and Mobile Banking 90

Payment Savvy

MAY 10, 2024

With almost 7 out of 10 shoppers abandoning their carts, online businesses face an uphill task to increase sales and profits. Shopping cart abandonment is when online shoppers add items to their cart but leave the site without completing the purchase. Cart abandonment is a major issue faced by ecommerce businesses.

Best Practices 52

Best Practices Online and Mobile Banking Process Payment Solutions 52

Stax

JULY 9, 2024

EFT payments are transactions between the sender and receiver that transfer funds electronically from the sender’s bank account to the receiver’s. Learn More Debit and credit card transactions Perhaps the most commonly known EFT payment type is credit and debit card transactions. Easy to use.

Electronic Fund Transfer Act (EFTA) 88

Electronic Fund Transfer Act (EFTA) ACH Electronic Funds Transfer (EFT) Funds Transfer 88

PYMNTS

OCTOBER 18, 2019

Today in the payment’s news roundup, PayPal is teaming with Synchrony Financial to put forward a Venmo co-branded credit card next year. Mastercard Partners With Four Retailers for Pay by Bank App. Mastercard Partners With Four Retailers for Pay by Bank App. PayPal Launches Venmo Credit Card.

Venmo 40

Venmo Credit Cards PayPal Visa 40

Clearly Payments

APRIL 3, 2024

This process is vital for businesses, as it enables them to accept payments through various methods, including credit and debit cards, electronic bank transfers ( EFT/ACH ), and digital wallets. Card Network: The credit card network sends the transaction details to the issuing bank (the customer’s bank) for authorization.

Process 45

Process Processors Online and Mobile Banking Payments 45

Segpay

JANUARY 10, 2024

8 minute read Spain’s Online Gaming Market has seen massive growth over the years. million) in online sports betting, a spectacular 42.8% million) in online sports betting, a spectacular 42.8% Spaniards engage fervently in various gaming genres, including esports, mobile gaming, console gaming, and online gambling.

Online and Mobile Banking 52

Online and Mobile Banking Debit Card Regulatory Compliance Cryptocurrency 52

PYMNTS

DECEMBER 4, 2020

This week, Stripe introduced banking services, we get a glimpse of the EU's upcoming Digital Services Act and PYMNTS' data reveals online purchases ruled Black Friday. Mastercard Intros Mobilized Virtual Cards; Defines Intersection Between Functionality And Security. The Weekender can catch you up. Why the disconnect?

Visa 60

Visa Online and Mobile Banking Push-to-Card Central Bank 60

PYMNTS

AUGUST 3, 2017

About a year ago, Mastercard and Paypal managed to generate some waves by burying the hatchet and working together to make mobile and digital payments more widely accessible to consumers online and offline. PayPal will get to expand its presence at the point of sale by utilizing tokenization services from Mastercard.

PayPal 41

PayPal Visa Online and Mobile Banking APACS 41

PYMNTS

JUNE 3, 2020

Brick-and-mortar branches shuttered as social distancing measures were enforced, and customers subsequently turned to mobile apps or websites to fulfill their banking needs rather than risking in-person visits. Online account openings have increased 14.5 Confronting Digital Banking Reality.

Online and Mobile Banking 52

Online and Mobile Banking Contactless Payments Volume Mobile Banking 52

PYMNTS

JULY 2, 2020

If you’re an online merchant, you may be all too familiar with this drill. A shopper finds you online, finds a product to buy, fills their cart and hits the checkout button. Maybe the card has expired. If it’s a debit card, bank account or prepaid card, maybe there aren’t enough funds available for the purchase.

PayPal 91

PayPal Issuers Online and Mobile Banking Authorization 91

Stax

MAY 7, 2024

Credit card merchant fees are split between multiple key players- merchants, credit card networks, banks, and processors. Generally, here’s a breakdown of the types of payment processing fees you can expect: Interchange fees These are fees a merchant pays directly to the credit card provider.

Credit Cards 88

Credit Cards Process Processors Online and Mobile Banking 88

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

Nanonets

SEPTEMBER 28, 2023

​​If you've ever used online banking, chances are you've used Electronic Funds Transfer, or EFT. It is a system of transferring money from one bank account to another without the use of paper checks, or cash. Plus, EFT payments are typically backed by your bank, so you can be sure that your money is safe.

Electronic Funds Transfer (EFT) 52

Electronic Funds Transfer (EFT) Funds Transfer Wire Transfer Wires 52

PYMNTS

DECEMBER 17, 2020

But it may be the emerging-use cases through companies like PayPal that determine whether bitcoin’s surge will be long-lasting or ephemeral. As reported in this space, PayPal said that its 350 million users will soon be able to deposit bitcoin and other cryptocurrencies in their accounts and spend it at 26 million merchants.

Bitcoin 117

Bitcoin Cryptocurrency PayPal Online and Mobile Banking 117

PYMNTS

JUNE 3, 2020

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. MercadoLibre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities. percent in YOY growth.

Online and Mobile Banking 99

Online and Mobile Banking Cross-Border Debit Card Cross-Border Payments 99

PYMNTS

JUNE 21, 2017

There needs to be an asterisk now in the part of PayPal’s history that describes its founder’s vision of creating a payments ecosystem that would let any person “beam” money to any other person — instantly — so that the money could be used anywhere they wanted to spend it — instantly. It’s happening. So, anywhere.

Venmo 53

Venmo PayPal Online and Mobile Banking Issuers 53

PYMNTS

JULY 22, 2016

But PayPal managed it pretty handily – because by all reasonable measures the second quarter of Q2 2016 was a very good time to be PayPal. Last quarter PayPal managed to slightly edge beat the Street’s expectations of $2.6 This deal has the potential to be transformative for PayPal, Visa and the industry.”.

PayPal 40

PayPal Issuers Online and Mobile Banking Volume 40

PYMNTS

MAY 13, 2019

Perhaps the biggest story in P2P, though, is the ongoing battle between P2P providers Zelle (operated by Early Warning Services ) and Venmo (owned by PayPal ). The Zelle network is used by an upwards of 5,391 financial institutions (FIs), either through a mobile banking app or by registering a debit card with Zelle’s app.

P2P 79

P2P Zelle Venmo Debit Card 79

PYMNTS

APRIL 21, 2020

The coronavirus pandemic — which has forced all of us online — is exposing just who in financial services has embraced digitization, and who is truly digital native. We now must bank entirely online, by necessity. And many of us must transact entirely online, by necessity, to get the goods and services we need on a daily basis.

Online and Mobile Banking 92

Online and Mobile Banking IBAN Non-Bank Credit Union 92

Stax

NOVEMBER 13, 2023

Google was the first, in 2011, to enable contactless payments via their mobile app. In 2015, many merchants switched to NFC-enabled terminals; by 2019, most banks were issuing contactless cards. Visa, Mastercard, and the customer’s bank) for authorization. Contactless cards All cards today can come contactless.

Contactless Payments 88

Contactless Payments Push-to-Card Online and Mobile Banking Encryption 88

Clearly Payments

FEBRUARY 14, 2024

The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services. billion mobile wallet users globally , highlighting the rapid adoption of these convenient and secure payment options. As of 2023, there were over 4.5 With over 7.2

Payments 83

Payments BNPL Value Added Service Payment Gateways 83

Stax

MARCH 14, 2024

Online and contactless adoption multiplied, and digital payments rose. Consumers are increasingly gravitating towards quick and convenient payment methods such as contactless payments and mobile wallets when transacting with businesses. Between 2019 and 2020, the number of U.S. What are the Most Common B2B Payment Methods?

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

FEBRUARY 1, 2019

The fourth quarter of 2018 was kind to Venmo and Zelle , the two big peer-to-peer (P2P) services that are battling for consumer loyalty and market supremacy — a fight that pits PayPal , the owner of Venmo, against the banks that operate Zelle. PayPal, as a whole, had some 242 customer accounts as of Dec.

Venmo 71

Venmo P2P Zelle PayPal 71