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PayPal announced it will allow customers to hold bitcoin and other cryptocurrency in its wallet and shop using cryptocurrencies at the 26 million merchants on its network. The new service... more

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PayPal has announced that a surge in e-commerce transactions and new accounts has driven quarterly profits 86% higher. The company announced it will continue to support additional investments in mobile-payment... more

The post PayPal reports 86% increase in profits – shift from cash permanent appeared first on Payments Cards & Mobile.

PayPal has beaten off competition for payments giants Visa and Mastercard to become the first foreign company to acquire a payments licence in China. PayPal obtained the license through the... more

The post PayPal beats off Visa and Mastercard to obtain first Chinese payments licence appeared first on Payments Cards & Mobile.

Since being shown the door by eBay back in 2018, PayPal, once the most innovative digital payments companies in the world has continued to perform well and dominate the space... more

The post Paypal continues dominant growth but can it be sustained? appeared first on Payments Cards & Mobile.

The UK’s competition regulator, which had been looking into the merger, has dropped its opposition to PayPal’s $2.2 billion takeover of iZettle, after finding that the enlarged payments group would... more

The post PayPal free to conclude iZettle takeover appeared first on Payments Cards & Mobile.