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Just days after all three major networks provided the market with monster updates, PayPal seems to be feeling the pressure. PayPal shares fell more than 25% in early trading on... read more

The post PayPal shares plunge as company reports decline in volume appeared first on Payments Cards & Mobile.

PayPal has confirmed numerous reports that it is working on a stablecoin. Jose Fernandez da Ponte, senior vice president of crypto and digital currencies at PayPal, confirmed: “We are exploring... read more

The post PayPal confirms reports it is “exploring” stablecoin launch appeared first on Payments Cards & Mobile.

SumUp has acquired Fivestars, a marketing start-up, in a bid to expand its reach across the US and take on rivals like PayPal and Square. The company says it is buying Fivestars for... read more

The post SumUp splashes $317 million in cash to take on US market appeared first on Payments Cards & Mobile.

PayPal has agreed to acquire Paidy, a leading two-sided payments platform and provider of buy now, pay later (BNPL) solutions in Japan, for ¥300 billion or approximately $2.7 billion, principally... read more

The post PayPal doubles down on red hot BNPL market with Paidly acquisition appeared first on Payments Cards & Mobile.

PayPal has announced that UK users can now buy, hold and sell cryptocurrencies through the payment platform for the first time, the service launched in the US in 2020. The... read more

The post PayPal allows UK users to buy and sell cryptocurrencies appeared first on Payments Cards & Mobile.