UOKiK, the Polish regulator for Competition and Consumer Protection, is reported to have started proceedings against PayPal over possible prohibited contractual provisions, adding that the possible fine could amount to... read more
The post Polish regulator takes aim at PayPal “prohibited activities” appeared first on Payments Cards & Mobile.
The news that Amazon will now allow its US customers to make payments through Venmo alongside the card schemes at its checkout is momentous. While Amazon already offers many payment... read more
The post Amazon threatens to derail the card network train with Venmo appeared first on Payments Cards & Mobile.
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.