PayPal Begins Accepting PPP Loan Applications Again
PayPal says it is now accepting applications for small business loans through the US Small Business Administration (SBA) Paycheck Protection Program again. The SBA started…
PayPal Takes 100% Ownership in Chinese Payment Processor GoPay – How It May Benefit US Online Merchants
PayPal has become the first foreign third-party payment processor to take a 100% stake in a Chinese payments firm, following its acquisition of the remaining…
BBVA USA Shutting Down Online Banks Azlo and Simple Ahead of Completing Acquisition by PNC
Customers of online banks Azlo and Simple received notices today that parent company BBVA USA has decided to shut down the two banks, providing few…
PayPal Invests in Cryptocurrency Tax Software Company TaxBit
With Bitcoin on a roll again, many believe because of PayPal and Square embracing the digital currency, PayPal Ventures invested today in cryptocurrency tax software…
Venmo Launches Check Cashing Feature in Time For Second Stimulus Checks and Tax Refunds
Venmo is introducing a new Cash a Check feature in the Venmo app for select customers, enabling Venmo’s community to access a quick, easy and…
Afterpay Reports Increased Basket Size For 2020 Holiday Season
Afterpay released consumer shopping trends for the Holiday 2020 shopping season for October 1st through the end of December 2020. Based on its data, consumers…
PayPal users in UK face new fee if they don’t act before Wednesday (16 December 2020)
In September, PayPal announced that they will charge UK users an annual inactivity fee if they didn’t use the payment service for the previous 12…
PayPal CEO Daniel Schulman – “It won’t go back to the way it was”
PayPal CEO and President Daniel Schulman said in a “fireside chat” during the Goldman Sachs U.S. Financial Services Virtual Conference that the pandemic has accelerated…
iZettle Launches Touch Free Payments In The UK Utilising QR Codes
On Wednesday PayPal launched QR code payments in iZettle’s point of sale app, allowing small businesses across the UK – from retailers to florists and cafes – to…
PayPal Processed Record $185 Million In Donations Globally On GivingTuesday
PayPal says it processed a record-breaking $185 million globally this GivingTuesday, the largest amount raised on the platform for the global day of giving since…