Payments News

On The Web

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Companies

New PayPal Cashback Business Credit Card Launches for US Small Businesses

PayPal Holdings Inc. today announced it is expanding its suite of credit offerings to include a new business credit card to better meet the everyday financing needs of small business owners. The PayPal Business Cashback Mastercard, issued by WebBank and powered by the Mastercard network, is the first business credit card offered through PayPal. The […]
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Companies

Upcoming Changes to Goods & Services Payments on PayPal

“In the coming weeks, we [PayPal] will be rolling out two changes to our peer-to-peer pricing structure in the U.S., specifically for Goods & Services payments. We will be simplifying our goods & services fee structure and changing the ways U.S. business accounts can receive payments, effective for PayPal customers in the U.S. on July […]
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Companies

Grubhub Teams Up with PayPal & Visa to Offer Drivers Faster & Easier Access to Payments

“Grubhub, a leading food ordering and delivery marketplace, today announced the launch of Instant Cashout via Direct to Debit, which drivers can use to immediately access their earnings. The new payout option, enabled by Hyperwallet from Paypal and Visa Direct1 – Visa’s real-time2 money movement network – offers more flexible access to earnings by allowing any […]
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Companies

PayPal Now Allows Cryptocurrency Transfers to Other Wallets

“PayPal has announced that it will let users transfer cryptocurrencies such as bitcoin to other wallets and exchanges. The payments giant said yesterday (7 June) that the feature is available to select users in the US, with plans to roll it out to all eligible US customers in the coming weeks.”
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Companies

PayPal Ventures Invests in Jetty

“Jetty, the financial services company on a mission to make renting a home more affordable and flexible, today announced an investment from PayPal Ventures and Experian Ventures. The new funding will enable Jetty to accelerate the growth of its existing suite of products and invest in product expansion. Jetty aims to support renters and properties […]
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Companies

PayPal Looks to Embrace All Possible Crypto and Blockchain Services

“PayPal is working hard on supporting all possible digital services, including digital currencies and central bank digital currencies (CBDC), vice president Richard Nash said in an exclusive statement to Cointelegraph at the World Economic Forum on May 23…The firm is reportedly also considering launching its own stablecoin named PayPal Coin.”
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Companies

PayPal Users Will Pay Higher Fees for Quick Cash

“Sellers in a hurry to access money stored in their PayPal accounts will pay higher fees to use its Instant Transfer service beginning next month. However, sellers who can wait 1-3 business days to transfer funds to their bank account or debit card will continue to pay no fees for Standard Bank Transfers….Two significant Instant […]
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Companies

Zettle by PayPal Launches On-Phone Payments with Tap to Pay

“PayPal Holdings, Inc. today announced the launch of Tap to Pay with Zettle by PayPal for small businesses in the UK. The new function, which will begin rolling out today, enables individual sellers and small businesses to accept contactless payments in-person directly on their Android mobile devices, with no additional hardware and no additional fees. […]