With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Notably absent from the call was any...
Venmo is reportedly giving users an easier way to make repeat or scheduled payments. The new feature would let customers schedule payments — or requests — on a one-time, weekly, monthly or bi-monthly basis, The Verge reported Wednesday (Oct. 2). The peer-to-peer (P2P) payments company tells the news...
PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business accounts. The company also now enables PayPal business account holders to send and receive supported cryptocurrency tokens to and from...
Cryptocurrencies were created to address supposed pain points across the financial system. By decentralizing transaction verification and record-keeping through a distributed ledger, blockchain-based digital assets remove the need for intermediaries to enable digital transactions while simultaneously preventing issues endemic to other digital currencies, like double-spending,...
October 29, 2024
With its transaction growth rates slowing and less-than-expected revenue guidance for the balance of the year, PayPal focused on its repositioning from a peer-to-peer pioneer to a two-sided payments technology platform in its Q3 earnings call Tuesday (Oct. 29). Notably absent from the call was any substantial discussion of the financial health of consumers that will […]
August 02, 2024
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a...
May 31, 2024
Forty percent of the independent mom-and-pop restaurants in the U.S. that generate $10 million or less annually now use instant payment rails as their primary method to send funds. And...
May 29, 2024
While instant payments might seem like an innovation that only big companies would embrace, these types of expenditures are gaining traction with many mom-and-pop eateries. The PYMNTS Intelligence report “Small...
October 02, 2024
Venmo is reportedly giving users an easier way to make repeat or scheduled payments. The new feature would let customers schedule payments — or requests — on a one-time, weekly, monthly or bi-monthly basis, The Verge reported Wednesday (Oct. 2). The peer-to-peer (P2P) payments company tells the news outlet that this service will become widely available in the […]
September 25, 2024
PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business accounts. The company also now...
August 29, 2024
Fiserv clients will be able to more easily enable PayPal, Venmo and related services, and accelerate guest checkout flows in the U.S. via a simple connection point to Fastlane by...
June 13, 2024
Online marketplace eBay will add Venmo as a payment option in the coming week, saying it aims to expand payment method choice and cater to the preferences of Gen Z...
