Peer-to-peer (P2P) payments are revolutionizing the retail landscape, with major players ranging from Starbucks to eBay embracing the capability to offer consumers more convenient and flexible payment options. The May edition of the PYMNTS Intelligence Real-Time Payments Tracker® Series Report, “P2P Payment Potential: Promoting Convenience...
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 these restaurateurs are pleased with the results, according to PYMNTS Intelligence data. Seventy percent say...
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 Business Real-Time Payments Barometer: Restaurants Edition” found that the number of restaurant small- to medium-sized...
PayPal says its stablecoin — PayPal USD (PYUSD) — is now available on the Solana blockchain. The move is designed to make the stablecoin faster and cheaper to use, giving users the choice of multiple blockchains for more flexibility and control, according to a Wednesday (May 29) news...
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 these restaurateurs are pleased with the results, according to PYMNTS Intelligence data. Seventy percent say they appreciate how easy it is to use instant payments, […]
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...
February 21, 2024
Account-to-account (A2A) payments, also known as pay-by-bank, are gaining popularity among consumers. In the United States, 36% of consumers use this payment method, according to insights detailed in the PYMNTS...
February 07, 2024
Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics sent investors headed, at least...
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 and millennial shoppers. This option will be available to U.S. buyers on eBay.com and the eBay app, the company said in a Thursday (June 13) […]
May 29, 2024
PayPal says its stablecoin — PayPal USD (PYUSD) — is now available on the Solana blockchain. The move is designed to make the stablecoin faster and cheaper to use, giving users the choice...
April 02, 2024
Visa said PayPal and Venmo are now offering its Visa+ peer-to-peer (P2P) payment system. “As we continue to expand the P2P use case in the U.S., Current and Western Union will join PayPal and Venmo in enabling cross-platform money movement,” the...
March 07, 2024
PayPal has expanded its Tap to Pay on iPhone offering in the U.S. The company said in a Thursday (March 7) press release that the service is now available for all...
