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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.

PayPal says it is going to use the United Kingdom as the next market in which to expand its crypto trading services. According to the company’s Q2 earnings call, PayPal has done... read more

The post PayPal looks to launch crypto trading in the UK appeared first on Payments Cards & Mobile.