Search Results for: PayPal
PayPal Touts Growth Of One-Touch Payments
December 23rd, 2015
The payments giant said Monday that more than 10 million consumers have enabled its universal digital payments service, One Touch. One of the key challenges to mobile and web payments is being able to carry your payments information across ...
PayPal Completes Acquisition of Xoom
November 13th, 2015
PayPal, Inc. (NASDAQ:PYPL) and Xoom Corporation (NASDAQ:XOOM) announced that PayPal has completed its previously announced acquisition of Xoom. In accordance with the terms of the acquisition agreement announced on July 1, 2015, PayPal acquired all of the outstanding shares of ...
PayPal Reports Strong Third Quarter Results
October 29th, 2015
Revenue of $2.3 billion and growth of 15%, foreign currency neutral revenue growth of 19% on a non-GAAP pro forma basis GAAP operating margin up 80 basis points to 15% and non-GAAP operating margin up 200 basis points on a pro ...
“Bitcoin’s PayPal” : Why the Cryptocurrency Is Not a Good Payment Mechanism
September 30th, 2015
Leading Bitcoin startup BitPay is cutting costs, suggesting that the currency won’t be catching on soon. In 2014, a Bitcoin startup called BitPay raised $30 million from investors and was dubbed the “PayPal of Bitcoin” for helping companies such as Microsoft ...
PayPal to Close its Operations in Puerto Rico amidst Government Capital Control
September 9th, 2015
Puerto Rico has recently used legislation to force capital controls. The country has imposed a 2% fee on any money transmission, forcing Paypal’s to pull out of the country. Following an attempt to start capital controls, Puerto Rico government passed a ...
PayPal Announces Launch of PayPal.Me Peer-to-peer Payments Similar to Square Cash or Bitcoin Wallets
September 4th, 2015
Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced the launch of PayPal.Me, a personal, vanity PayPal link that makes it easy to remind people to send ...
PayPal Acquires Modest
August 21st, 2015
PayPal announced the acquisition of Modest. Modest was founded in 2012 and allows merchants to offer an end-to-end experience that makes selling on any platform easier and simpler. Social media networks are evolving from places where people share and discover ...
PayPal Celebrates Listing on Nasdaq and Completes Separation from eBay Inc.
July 21st, 2015
PayPal Holdings, Inc. (“PayPal”) (Nasdaq : PYPL) announced that it has completed its separation from eBay Inc. (“eBay”) and is now an independent public company trading on the Nasdaq Stock Market under the ticker symbol “PYPL.” The company’s leadership ...
PayPal to Acquire Xoom
July 2nd, 2015
Entry into $600 Billion International Money Transfer Market with Leading Technology Solution Expands Services for PayPal’s Customers and Accelerates Time-to-Market in Key International Markets PayPal, Inc. and Xoom Corporation (NASDAQ:XOOM), a digital money transfer provider, today announced a definitive ...
Paypal faces a complaint and a proposed consent order for illegally signing up people
May 20th, 2015
The Consumer Financial Protection Bureau is filing a complaint and a proposed consent order against PayPal for illegally signing up and billing tens of thousands of consumers for its online credit product, PayPal Credit. The Bureau alleges that PayPal ...
