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Discover and PayPal partner on tokenisation and digital payments
Discover Financial Services (DFS) and PayPal have signed a tokenisation and digital payments agreement making PayPal more widely available to Discover cardmembers, acquirers and merchants. The agreement provides PayPal with access to Discover’s tokenization services, expanding PayPal’s reach at POS, which will enable US PayPal customers to pay with their Discover cards at all of [...]
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PayPal sets sight on progressing mobile payments business
PayPal reported third quarter earnings last week with an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. However, it is reported that some investors were disappointed to see that PayPal missed its total payment volume, a metric of total transactions on its platforms. The company brought in $87 billion in [...]
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PayPal forced to shut down service In Turkey
PayPal has been forced to shut down its services in Turkey because the company could not get the necessary license from the local authorities. The news about PayPal no longer being available in Turkey took a lot of people by surprise. PayPal is a US-based company which is trying to set up local “chapters’ in [...]
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PayPal kills off app for Windows Phone, BlackBerry and Amazon
PayPal says it is discontinuing its mobile app for Windows Phone, BlackBerry and Amazon Fire OS devices to focus its efforts on Android and Apple and further condemning the brands to the second league. As of 30 June, users of affected devices will no longer be able to access the PayPal app, the company said. PayPal [...]
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Contactless is the future
As reported earlier this year, Vodafone has become the first operator in the world to offer its customers the opportunity to make contactless PayPal payments using a smartphone. It is the latest update to the Vodafone Wallet and shows that smartphones have the potential to consign leather wallets to the dresser draw of history. Indeed, [...]
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