PayPal has reported strong third quarter results after growing its active user base to 218 million and experiencing an upsurge in mobile payments volumes.
PayPal has announced that Venmo users will be able to use the popular mobile app at more than two million US high street retailers.
Payment Rails, a Canadian startup building an API-first payouts platform for businesses, has won a high-profile backer in the shape of ex-PayPal president Scott Thompson, who has invested in the firm and signed on as a board advisor.
Mastercard (NYSE: MA) and PayPal (NASDAQ: PYPL) today announced a significant expansion of their longstanding partnership into Europe, Canada, Latin America and the Caribbean and the Middle East and Africa to enhance customer choice, optimise the consumer experience and make Mastercard a clear payment option within PayPal across the globe.
PayPal has come up with a novel new weapon to help it take over the high street - an old-fashioned plastic credit card.
PayPal is focused on delivering seamless commerce experiences across a range of contexts.
PayPal is expanding its working capital programme for merchants through the acquisition of online lending firm Swift Financial. Terms of the deal were not disclosed.
Part of Venmo’s mission is to make it easier for you to pay your friends and family. Money can be awkward, and we want you to be able to spend less time thinking about it, and more time enjoying stuff that matters to you.
Mastercard (NYSE: MA) and PayPal (NASDAQ: PYPL) today announced an extension of their partnership into Asia Pacific to enhance the consumer experience and make Mastercard a clear payment option within PayPal.
Skype is integrating with PayPal to enable users to send money to their contacts while chatting over iOS and Android mobile devices.
© Finextra Research 2017