First thing’s first: PayPal’s stock dropped 17% after hours in the wake of its fourth-quarter earnings report — shows the vagaries of earnings forecasts, of Street expectations and of the windup of the payments services relationship with eBay. PayPal, of course, is moving toward its...
Payment network Visa showed resilience in cross-border spend, and tap-to-pay gaining in key markets. Along the way, consumer spending on debit and credit cards has continued into the current quarter. CEO Al Kelly pointed Thursday (Jan. 27) to new payment flows’ potential far outpacing the...
Visa‘s total U.S. payments volume in May declined slower than the previous two months, which could be indicative of a slight economic recovery as consumers spend more, Reuters reported. The payments volume in May saw a drop to 5 percent, better than the 18 percent...
PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. However, despite a solid holiday quarter, the digital payments giant found stock trading concerns about its Q1...
January 30, 2020
PayPal put on a strong finish to 2019, managing to beat analyst estimates nearly across the board in terms of revenue, active usership and total payments volume processed. However, despite a solid holiday quarter, the digital payments giant found stock trading concerns about its Q1 forecasts. Chief Financial Officer John Rainey commented that there are […]
February 01, 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...
August 30, 2022
Visa said its U.S. payments volume was up 11% from a year ago, with even the company’s exit from Russia not hurting the stats, a Seeking Alpha report said. Credit payments volume was up 17%, while debt volume was up 7%, both up one point since July. The August international markets were consistent with the […]
February 01, 2022
First thing’s first: PayPal’s stock dropped 17% after hours in the wake of its fourth-quarter earnings report — shows the vagaries of earnings forecasts, of Street expectations and of the...
June 01, 2020
Visa‘s total U.S. payments volume in May declined slower than the previous two months, which could be indicative of a slight economic recovery as consumers spend more, Reuters reported. The...
May 07, 2019
The ACH Network has started off 2019 strong, with the number of payments in Q1 up 5.8 percent from the previous year. In 2018, there were 27 billion ACH payments,...
