Page 2 - Paypal

PayPal enables customers to send money to Ukrainians amid Russia war

PayPal said on Thursday that its users will now be able to send money to Ukrainians, both in the war-ravaged country as well as those now refugees across Europe. Previously, people in Ukraine were only able to use the payments platform to send money out of the country. They will now be able to receive funds, as well as make transfers within Ukraine and abroad. It's the latest measure by banks and other financial services companies looking for ways to help Ukrainians impacted by Russia's invasion. PayPal cut off Russia from its services last week. Since the war began, Americans and other supporters of Ukraine have been looking for ways to financially support Ukrainian refugees as well as those still in the country. People have booked Airbnbs in Kyiv or sent cryptocurrencies to Ukrainians. Money transfer companies like MoneyGram and Western Union have seen surges in demand as people look for ways to send money to friends and family in the region. PayPal, which is based in San Jose,

Paypal suspends services in Russia citing Moscow's aggression in Ukraine

Paypal Holding Inc suspended its services in Russia, citing Moscow's 'violent military aggression in Ukraine', Paypal President and CEO Dan Schulman said in a letter to the Ukrainian government.

52% of Indian MSMEs saw a positive impact post pandemic: PayPal survey

Study says 29% of MSMEs felt business environment in India became more favourable for online sales; for 31% cross-border opportunity was promising

PayPal profit rises above estimates in Q3 as more people shop online

Net revenue in the third quarter rose over 13% to $6.18 billion.

PayPal says it is currently not pursuing Pinterest acquisition

Some analysts now think Pinterest could attract interest from other bidders down the road

PayPal denies pursuing acquisition of Pinterest after report of $45 bn deal

A source told Reuters that PayPal had offered $70 per share, mostly in stock, for Pinterest.

PayPal shows ambition to be a 'super app' with Pinterest pursuit

Pinterest is a visual search and scrapbooking platform that lets users save, collect and group images by theme

Sanjay Bhargava to join Musk's Starlink as India Country Director

PayPal veteran Sanjay Bhargava has announced that he is all set to serve tech billionaire Elon Musk's SpaceX as Starlink Country Director India starting October 1.

Paypal to buy Japanese unicorn Paidy in $2.7 bn deal, take industry lead

The deal tracks rival Square Inc's agreement last month to buy Australian BNPL success story Afterpay Ltd for $29 billion

India is bedrock of development capabilities, will continue to hire: PayPal

Digital payment solutions provider PayPal said India is the "bedrock" of its development capabilities and it continues to hire aggressively in the country to further build and drive the teams

PayPal Holdings launches crypto buying and selling in the UK

Rollout is first international expansion of company's cryptocurrencies outside the US

PayPal to research transactions that fund hate groups, extremists

PayPal is partnering with non-profit organisation Anti-Defamation League to investigate how extremist and hate movements in US take advantage of financial platforms to fund their criminal activities

Blockchain, cryptocurrency can help democratise financial services: PayPal

Digital payments major PayPal said the technological shift brought in by blockchain and cryptocurrency can help democratise financial services and bring in greater financial inclusion

PayPal's Venmo launches cryptocurrency buying and selling features

Venmo users will be able to buy bitcoin, ethereum, litecoin and bitcoin cash for as little as $1

After Visa, PayPal Holdings launches cryptocurrency checkout service

Customers who hold bitcoin, ether, bitcoin cash and litecoin in PayPal digital wallets will now be able to convert their holdings into fiat currencies at checkouts to make purchases, the company said

Wipro names former Walmart and PayPal exec Subha Tatavarti as CTO

The appointment comes along with several other key ones that the company has made recently as its restructuring plan

PayPal to hire over 1,000 engineers for India development centres in 2021

The hiring will be for the firm's development centres across Bengaluru, Chennai, and Hyderabad

Cashfree, PayPal to help Indian firms sell to 350 million customers

Payments and banking technology firm Cashfree announced a partnership with PayPal

PayPal says US consumer watchdog investigating payment app Venmo

The demand from the US Consumer Financial Protection Bureau was made last month, the digital payment processor said in a regulatory filing

PayPal to shut shop in India from April 1, focus on global customers

PayPal was a payments options on many Indian online apps such as travel and ticketing service MakeMy Trip, online film booking app BookMyShow and food delivery app Swiggy