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Online financial services company

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PayPal: Online financial services company
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee in exchange for benefits such as one-click transactions and password memory.

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PayPal launches a GoFundMe competitor with limits

paypal launches a gofundme competitor with limits
Illustration by Alex Castro / The Verge PayPal announced a new fundraising service called “Generosity Network” that seems poised to take on GoFundMe, part of PayPal’s continued expansion into..
The Verge - Published

Google Pay positions itself as Apple Pay, PayPal and Venmo alternative

Google would love to monitor your spending and learn from your habits to better inform its personalized advertising, but says the feature is opt-in.
USATODAY.com - Published

PayPal Just Officially Launched Its Cryptocurrency Buying Service

paypal just officially launched its cryptocurrency buying service
In October, PayPal made waves when it revealed that it would support the buying and selling of crypto assets like Bitcoin and Ethereum within its own application. This was a large reversal from the..
WorldNews - Published

PayPal will now let all users in the US buy and sell cryptocurrencies

paypal will now let all users in the us buy and sell cryptocurrencies
Illustration by Alex Castro / The Verge PayPal will now let all users in the US buy, sell, and hold cryptocurrencies right from their PayPal account. The news came in an update to a press release..
The Verge - Published

Coinbase launches its cryptocurrency Visa debit card in the US

coinbase launches its cryptocurrency visa debit card in the us
Coinbase has announced that US customers can now join the waitlist for its Coinbase Card, a debit Visa card that allows customers to spend cryptocurrency anywhere Visa cards are accepted. Coinbase..
The Verge - Published

PayPal Aims to Buy Bit Go, a California-Based Crypto Exchange

paypal aims to buy bit go, a california-based crypto exchange
Now that PayPal has permitted the buying and selling of bitcoin and other forms of crypto on its site, it would appear the company fancies itself the ultimate crypto platform, and apparently, it’s..
WorldNews - Published

PayPal cuts ties with domain registrar Epik over digital currency

paypal cuts ties with domain registrar epik over digital currency
Illustration by Alex Castro / The Verge PayPal has terminated the account of domain registrar and web hosting company Epik...
WorldNews - Published Also reported by •The Verge

Here’s what traders expect after Bitcoin price rallied to $13,217

here’s what traders expect after bitcoin price rallied to $13,217
On Oct. 21 Bitcoin (BTC) price overtook the $13K mark to reach $13,217 after traders took out key resistance levels at $11,900, $12,000, and $12,500 in the last 48-hours. While there are various..
WorldNews - Published

PayPal and Venmo will offer and accept cryptocurrency for all online payments

paypal and venmo will offer and accept cryptocurrency for all online payments
Illustration by Alex Castro / The Verge PayPal on Wednesday announced it would begin supporting cryptocurrencies for the first time, allowing any PayPal account holder to store, buy, and sell..
The Verge - Published

Fake invoices for phony grants target PayPal customers

The phony invoice is a way to trick businesses — and consumers — into handing over cash and ID information. A new batch hit some PayPal accounts.
USATODAY.com - Published

New Money explains how payment became a form of social media

new money explains how payment became a form of social media
When you think about money, you probably don’t think about it as a form of media. Apps like Venmo, PayPal, and Square’s Cash App have blurred the line between payment platforms and social media...
The Verge - Published

Facebook creates unit devoted to financial services

facebook creates unit devoted to financial services
SAN FRANCISCO : Facebook on Monday said it has created a new unit devoted to financial services to harmonize payment systems on its platform. The new group, called Facebook Financial, will be headed by..
WorldNews - Published

PayPal Paxos partnership to offer crypto purchases

paypal paxos partnership to offer crypto purchases
The PayPal Paxos collaboration is set to launch PayPal into the crypto realm. The financial giant with a vast global client base is set to introduce crypto services and has partnered with Paxos for..
WorldNews - Published

Facebook, Google Back MIT, Harvard in Fight Against New Visa Rule

facebook, google back mit, harvard in fight against new visa rule
Facebook, Google, Microsoft, Linkedin, Paypal and multiple other tech companies on Monday, 13 July, joined hands with MIT and Harvard in their fight against the Trump Administration’s new visa rule...
WorldNews - Published

PayPal Is Looking to Take Advantage of Cryptocurrency to Stand out Among its Competitors, or Not?

paypal is looking to take advantage of cryptocurrency to stand out among its competitors, or not?
Since June 22, the community has been excited by the news that PayPal is going to launch direct buy and sell of cryptocurrency. However, the payment giant is taking its time to provide any..
WorldNews - Published

PayPal might soon offer cryptocurrency transactions for its 325 million users

paypal might soon offer cryptocurrency transactions for its 325 million users
Consumers could soon be able to buy and sell Bitcoin and more using PayPal. ......
WorldNews - Published

PayPal pledges over $500 million to support minority-owned U.S. businesses

PayPal Holdings Inc said on Thursday it was pledging $530 million to support black and minority-owned businesses in the United States and foster diversity, amid worldwide protests over racial..
Reuters India - Published

Facebook and PayPal invest in Indonesian start-up Gojek

facebook and paypal invest in indonesian start-up gojek
JAKARTA - Facebook and PayPal have invested in the Indonesian ride-hailing and digital payment start-up Gojek, joining other tech giants Tencent and Google, the Jakarta-based company said Wednesday...
WorldNews - Published

Wall Street gets PayPal lift as Nasdaq wipes out 2020 declines

Wall Street's indexes climbed on Thursday, with the Nasdaq erasing losses for 2020, following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by..
Reuters - Published

Wall Street gains with PayPal boost despite weak jobs data

Wall Street's indexes climbed on Thursday following a clutch of upbeat earnings reports led by PayPal as investors looked past more weak jobs data caused by the coronavirus-induced economic downturn.
Reuters - Published

Nasdaq tracks yearly gains on PayPal boost

A jump for PayPal on Thursday put the Nasdaq on course to turn positive on the year, with Wall Street also boosted by hopes of a faster economic recovery following a surprise rise in Chinese exports.
Reuters - Published

Wall St jumps as PayPal outlook, China data fuel recovery hopes

U.S. stocks jumped on Thursday as an upbeat outlook from PayPal and a surprise rise in Chinese exports raised hopes of a faster economic recovery from what is expected to be a deep coronavirus-led..
Reuters - Published

PayPal, Venmo, Apple Pay, Google and Facebook: Rating the mobile payment apps

Facebook Pay, Google Pay and Apple Pay Cash don't grab our personal data; Venmo, Cash and others do. Apps free, but come with a cost of our data.
USATODAY.com - Published

Cryptocurrencies Need To Be Used For Payments In Order To Grow, Says PayPal CTO

cryptocurrencies need to be used for payments in order to grow, says paypal cto
PayPal CTO, Sri Shivananda, believes that cryptocurrencies still have a long way to go in terms of mass adoption. While endorsing India’s digital asset ban removal, he noted that most consumers view..
WorldNews - Published

PayPal scam emails led to damages of over £1M

paypal scam emails led to damages of over £1m
Action Fraud alerts people who sell items online to be on the lookout for bogus PayPal addresses from fraudsters, for PayPal scam. Around October 2019 and December 2019, the false emails were sent to..
WorldNews - Published

Wall Street mixed on earnings reports; trade worries resurface

The S&P 500 and Nasdaq index rose on Thursday, boosted by gains in Microsoft and PayPal, but Vice President Mike Pence's comments on China rekindled worries ahead of trade talks.
Reuters - Published

PayPal Cautious About Future of Facebook's Libra Cryptocurrency

paypal cautious about future of facebook's libra cryptocurrency
PayPal is cautious about the future of Facebook-backed cryptocurrency Libra, which is slated to debut with the pioneering digital payments firm as part of its oversight association. ......
WorldNews - Published

Technology stocks drag the market lower in early trading

technology stocks drag the market lower in early trading
NEW YORK (AP) — U.S. stocks moved broadly lower in morning trading Tuesday as investors again back away from technology companies. The tech sector led the losses in the S&P 500 for a second straight..
WorldNews - Published