PayPal - News, Articles & Research

Company announcement

PayPal's Xoom introduces cross-border stablecoin payments

Today PayPal announced it will be enabling disbursement partners to use PayPal USD (PYUSD) to settle cross-border money transfers made with Xoom. Cebuana Lhuillier and Yellow Card will be the first Xoom disbursement partners to use PYUSD to settle cross-border money transfers, allowing them to leverage the cost and speed advantages of blockchain technology.

19 November 2024

News/payments

PayPal rolls out money pooling tool for group purchases

PayPal has rolled out a money pooling feature for friends and family to share expenses on group purchases.

14 November 2024

Company announcement/crypto

PayPal USD taps LayerZero for cross-chain utility

LayerZero, the leading interoperability protocol, today announced that PayPal USD (PYUSD) now utilizes LayerZero’s Omnichain Fungible Token (OFT) Standard to enable transfers between Ethereum and Solana.

13 November 2024

Company announcement/payments

PayPal and Global Payments join forces to simplify checkout with Fastlane

PayPal Holdings Inc. (NASDAQ: PYPL) today announced an expanded collaboration with Global Payments Inc. (NYSE: GPN) aimed at transforming checkout experiences.

23 October 2024

News/crypto

PayPal uses stablecoin to pay invoice

PayPal has for the first time used its proprietary PYUSD stablecoin to pay and invoice.

07 October 2024

Company announcement/payments

PayPal Complete Payments launches in China

PayPal unveiled PayPal Complete Payments, a safe and efficient all-in-one platform that integrates a range of customized products and solutions to support Chinese merchants in selling globally.

26 September 2024

Company announcement/crypto

PayPal lets US business accounts buy and sell crypto

PayPal Holdings, Inc. (NASDAQ: PYPL) announced it is enabling its U.S. merchants to buy, hold and sell cryptocurrency directly from their PayPal business account.

25 September 2024

News/crypto

PayPal uses stablecoin to invest in blockchain risk management startup

PayPal has used its own stablecoin to make an additional investment in blockchain risk management specialist Chaos Labs.

23 September 2024

Company announcement/payments

Amazon adds PayPal option to Buy with Prime

Today at Amazon’s Accelerate seller conference, Amazon (NASDAQ: AMZN) direct-to-customer (DTC) offerings, Buy with Prime and Amazon Multi-Channel Fulfillment (Amazon MCF), announced a number of enhancements to their merchant and shopper experiences.

18 September 2024

Company announcement/payments

Paypal embeds with Shopify in the US

PayPal Holdings Inc. (NASDAQ: PYPL) today announced an expansion of its global strategic partnership with Shopify Inc. (NYSE, TSX: SHOP) in the U.S.

09 September 2024

News/payments

PayPal revamps app to offer choice rewards programme

PayPal is rolling out a new rewards programme and more personalised ways for users to manage their spending in a major revamp designed to give consumers a smart choice for every purchase, every time.

06 September 2024

Company announcement/payments

PayPal Ventures leads $15 million funding round in Brazillian fintech Ume

Ume, a payment network and merchant services platform for small- and mid-sized businesses (SMBs) on Pix, today announced it has raised $ 15 million in Series A equity funding. The round was led by PayPal Ventures, with participation from NFX, Globo Ventures, Clocktower Ventures, Big Bets, FJ Labs, Endeavor and Norte Ventures.

05 September 2024