PYMNTS

JULY 10, 2019

African payments startup OPay has raised $50 million in funding after investors such as Sequoia China, IDG Capital and Source Code Capital joined in the latest round, according to a report. In addition to OPay’s $50 million round, Nigeria’s current digital payment leader Paga raised $10 million in 2018 and reaches 13 million customers.

Mobile Payments 70

Mobile Payments Payments Venmo Non-Bank 70

PYMNTS

JULY 30, 2020

Mercado Libre announced Thursday (July 30) that it will integrate PayPal as a payment option in Brazil and Mexico. Mercado Libre is an eCommerce platform similar to Amazon , with its own payments infrastructure that has grown into credit, mobile payments and asset management capabilities.

PayPal 76

PayPal Alternative Payment Methods Payments Volume 76

Payments Dive

FEBRUARY 23, 2016

Will Hernandez, editor of Mobile Payments Today, had one thing on his mind after he watched PayPal's Super Bowl 50 commercial: hipsters.

PayPal 68

PayPal Digital Payments Mobile Payments Payments 68

PYMNTS

NOVEMBER 2, 2020

It was another quarter of record-breaking results for PayPal , which saw both record transactions and new customer enrollments in Q3. Total payment volume rose 36 percent to $247 billion, beating analyst estimates for $232 billion. PayPal is now reporting a run rate of approximately $1 trillion dollars in payment volume.

Venmo 105

Venmo PayPal BNPL Volume 105

PYMNTS

FEBRUARY 23, 2020

Payment company PayPal is looking at small business credit as a new field of opportunity. The company is championing a national digital framework in Australia that would speed up the processes used to verify customers. And ongoing demand for that service means PayPal will keep offering it, the company said.

PayPal 90

PayPal Small Business On-Demand Authentication 90

M2P Fintech

AUGUST 25, 2023

But this digital payments gamechanger relies on an internet connection to function, as transactions require seamless and uninterrupted communication between a host of payment players. A QR payment flow begins with the customer scanning a QR code for the required amount. Clocking a record high of 9.96

Financial Inclusion 52

Financial Inclusion Digital Payments Online and Mobile Banking Payments 52

Payments Source

JANUARY 8, 2017

Around the same time PayPal spun off from eBay Inc. This acquisition may have been overshadowed by PayPal's bigger news, but it remains key to the company's post-eBay strategy. to become its own company last year, it also took on the global money transfer provider Xoom.

PayPal 60

PayPal Payments Strategy Digital Payments Payments 60

PYMNTS

JULY 29, 2020

In an earnings season defined by diminished expectations amid the worldwide economic shutdown, PayPal not only beat analysts’ expectations Wednesday (July 29) but enjoyed a record quarter. And the company credited its Venmo peer-to-peer (P2P) payments platform and QR code-based contactless-payments system for a big part of that success. “In

Venmo 84

Venmo PayPal Direct Deposit Adjustments 84

Payments Source

JANUARY 31, 2019

Venmo is not a moneymaker for PayPal yet, but that's not stopping the online and mobile payments giant from dreaming big about where its P2P service is headed.

Venmo 62

Venmo PayPal P2P Mobile Payments 62

PYMNTS

MAY 7, 2020

Square has launched an alternative to PayPal , according to VentureBeat. The new payment tool was designed for small businesses looking to move from brick-and-mortar to eCommerce, the news service reported. It will work on any website, social media profile, instant messaging app and SMS (text messaging), Square said.

Payments Tools 61

Payments Tools PayPal Shutdown Payments 61

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.

PayPal 51

PayPal Venmo Mobile Payments Economy 51

PYMNTS

AUGUST 15, 2019

Japan, in the last several years, has been something of a puzzle among mobile payments watchers around the world. And the first mobile wallet in history launched in Japan — created by I Mode and DOCOMO 20 years ago in 1999. PayPay And Signs Of Mobile Acceleration.

Mobile Payments 61

Mobile Payments Online and Mobile Banking Payments Push-to-Card 61

Payments Source

JULY 18, 2019

Ever since PayPal took control of Venmo as part of its 2013 purchase of Braintree, it has woven Venmo into more and more of its products. Even other acquisitions aren't immune to the spread of Venmo.

Venmo 87

Venmo PayPal Product Mobile Payments 87

Payments Source

DECEMBER 19, 2016

A mobile payments app that launched last year for parking lots in Toronto is now available for all parking spots on the city's streets, with PayPal as the newest payment option.

PayPal 60

PayPal Mobile Payments Payments Digital Payments 60

PYMNTS

AUGUST 1, 2018

Perhaps the most controversial claim, designed to get a rise out of the mobile payments community, was Cook’s comparison of Apple Pay to PayPal in terms of number of transactions. PayPal, in its Q2 earnings reported 2.3 Mobile transactions were reported at 36 percent, which comes out to roughly 720 million that quarter.

PayPal 40

PayPal Transactions Online and Mobile Banking Mobile Payments 40

PYMNTS

AUGUST 14, 2017

PayPal, the digital payments company, is rolling out two new technology Innovation Labs based in India, where FinTech startups are currently flourishing. According to the report, the two labs are the first in India for PayPal, which already has locations in the U.S. and Singapore.

PayPal 46

PayPal Innovation Contactless Payments AI 46

PYMNTS

OCTOBER 16, 2019

With its purchase of a majority stake in GoPay, China has allowed PayPal to operate in the country. According to a report by the Financial Times , this means PayPal will be the only foreign company to have domestic and cross-border web services in China. About $39 trillion in mobile payments were made in China in the past year.

PayPal 46

PayPal Cross-Border Mobile Payments Acquirers 46

PYMNTS

JULY 11, 2016

Big companies like PayPal have been dominating the digital payments world for many years. And for years, banks have caught flack for not offering digital and mobile payments options that are up to snuff with what the tech giants have brought to market. PayPal, for example, charges merchants 2.9

Mobile Payments 50

Mobile Payments Online and Mobile Banking Venmo PayPal 50

PYMNTS

JANUARY 23, 2020

It is that large and growing opportunity that PayPal announced Wednesday (Jan. This partnership will accelerate the adoption of digital payments — especially in cross-border commerce for Chinese consumers who want to shop outside of China as well as non-Chinese consumers who wish to transact with merchants inside its borders.

PayPal 52

PayPal Cross-Border Credential Use Case 52

PYMNTS

JULY 21, 2017

Mobile payments company PayPal made two big announcements on Thursday (July 20): that it is teaming up with JPMorgan Chase to further expand its mobile payment services, and that it is expanding its partnership with Citi to include loyalty rewards. said Dan Schulman, president and CEO at PayPal, in the post.

PayPal 52

PayPal Contactless Payments Card Issuer Mobile Payments 52

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

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

Payments Source

APRIL 8, 2019

Mergers and acquisitions in the payments segment rose 16 percent in 2018, fueled in part by PayPal closing two large deals.

PayPal 67

PayPal Payments Mobile Payments Economy 67

PYMNTS

OCTOBER 20, 2017

“PayPal delivered one of its strongest quarters since becoming an independent company,” said Dan Schulman, CEO of PayPal, in a statement. PayPal, largely pushed by strong mobile performance, managed to again exceed analyst expectations across the board, and raised Q4 guidance. All in all, PayPal processed 1.9

PayPal 47

PayPal Venmo Caps Volume 47

PYMNTS

NOVEMBER 9, 2017

PayPal announced that it has launched domestic operations in India, which means it will be taking on China’s Alibaba-backed Paytm , the country’s leading digital payments firm. With that in mind, Google also launched a localized payments app for India in September. For us, the marathon has just begun.”.

PayPal 46

PayPal Push-to-Card Privacy Global Payments 46

Payments Source

JANUARY 9, 2019

For several years, PayPal, Square, Adyen and Stripe have dominated the lucrative payments market. Now hundreds of upstarts with names like Bolt, Toast and Due are muscling into the market with their own twist on facilitating commerce between merchants and shoppers.

PayPal 84

PayPal Facilitators Payments Mobile Payments 84

PYMNTS

NOVEMBER 12, 2020

PYMNTS’ November 2020 Disbursements Tracker® , done in collaboration with Ingo Money , states that “FIs that support digital and mobile payment tools could help these consumers access financial solutions without using traditional accounts, but many FIs must address age-old challenges before they can roll out such tools.”

Online and Mobile Banking 81

Online and Mobile Banking Financial Inclusion PayPal FDIC 81

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

SEPTEMBER 18, 2020

QR codes have become the star player on the digital payments stage in China and throughout Southeast Asia. Consumers and businesses are wholeheartedly embracing mobile wallets powered by QR codes as the best way to pay, pretty much no matter where they are – or who they are. Second, U.S. Or at least they weren’t until COVID-19.

Contactless Payments 116

Contactless Payments PayPal Mobile Payments Consumer 116

PYMNTS

MAY 8, 2020

For companies like Fiserv, Fidelity National Information Services (FIS), PayPal and others, selling terminals, offering payments platforms and designing checkout buttons, top and bottom lines were poised to move up and to the right. PayPal’s own results underscore the embrace of POS in the palm of one’s hand.

PayPal 98

PayPal Online and Mobile Banking Volume Point-of-Sale (POS) 98

PYMNTS

OCTOBER 24, 2019

Citi Australia and PayPal Credit Australia announced they have entered into a long-term strategic partnership to develop consumer credit products for PayPal’s customers in Australia. It has been a busy month for PayPal. And on Oct. And on Oct.

PayPal 40

PayPal Product Consumer Venmo 40

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Chinese Shoppers Will Have PayPal Access By Year End. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay.

PayPal 40

PayPal Visa Blockchain Digital Currency 40

Payments Source

JULY 20, 2018

Digital payments are becoming a critical aspect of nearly every new service for merchants or financial institutions.

Digital Payments 75

Digital Payments B2B Payments Real Time Payments 75

PYMNTS

JULY 23, 2018

SoftBank of Japan is gearing up to announce the launch of a mobile digital payment service in the country by the end of this year. SoftBank will be entering a crowded marketplace in which local banks and tech startups are rolling out digital payment services.

Digital Payments 40

Digital Payments Online and Mobile Banking Payments PayPal 40

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. These are the most common: 1.

B2B 88

B2B Process B2C Credit Cards 88

Stax

JANUARY 3, 2024

Hardware costs Clover Go ($49) is Clover’s main mobile POS hardware tool, pairing with any smart device (Apple iPhone, iPad, Windows, or Android) to take chip, dip, and contactless payments or mobile payments. Hardware costs PayPal Zettle can be used with just their software or a card reader for $29.

Small Business 88

Small Business PayPal CRM Transactions 88

PYMNTS

SEPTEMBER 30, 2020

FinTech firm Nium has teamed with Southeast Asia neo-bank Aspire to enable a mobile payments feature with its cards. The net result will be streamlined access to digital payment options and more innovative services for end users.”. PayPal, Mastercard Expand Business Debit Offering. Nium Teams With Aspire, Volopay.

Innovation 77

Innovation Card Issuer Debit Card PayPal 77