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Indonesia blocks websites, sparks social media backlash
Indonesia has blocked search engine website Yahoo, payments firm Paypal and several gaming websites due to failure to comply with licensing rules. Read more…
PayPal
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Paidy gets pay day as PayPal buys it to boost Buy Now, Pay Later boom
PayPal said it would acquire Japanese BNPL firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot. Read more…
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PayPal offers ‘buy-now-pay-later’ plan in Australia to edge past Afterpay
PayPal’s new “buy now, pay later” offering in Australia will not charge late payment fees as it attempts to edge past main rival Afterpay. Read more…
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PayPal: pathfinder in mobile payments and setting direction for the industry
PayPal has been in the news recently for launching and enhancing services that are changing the way we pay for goods – and manage our money. Read more…
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PayPal gets behind crypto, so is it ready for prime time?
PayPal has launched its first crypto offering, ‘Checkout with Crypto’ in a move it announced several months ago. It is big news. Read more…
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If PayPal and Facebook allow fraud to occur are they party to that fraud?
If you buy from a Facebook ad, use PayPal for payment and a fraud results don’t expect Facebook or PayPal to come to your assistance. Read more…
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PayPal to allow customers to hold and shop with cryptocurrencies
PayPal will allow customers to hold bitcoin and other virtual coins in its online wallet and shop using cryptocurrencies on its network. Read more…
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WhatsApp, PayPal invest in Indonesia’s ride-hailing app operator Gojek
WhatsApp and PayPal have invested in payment, food delivery and ride-hailing app operator Gojek in the Indonesian firm’s ongoing fundraising. Read more…
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Australia audits PayPal for laundering, terror law compliance
Australia’s financial intelligence agency has ordered an audit of PayPal’s compliance with local anti-money laundering and counter-terrorism financing laws Read more…
Off the Wire
E-commerce is finding a new normal amidst global uncertainties
PayPal recently held an Industry Roundtable: Commerce without Borders, in conjunction with unveiling the findings of PayPal’s Cross-Border Trade Consumer Research 2018. Dr. Rohan Mahadevan, Senior Vice President, International Markets, PayPal, Prof. Annie Koh, Vice Read more…
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Cash, credit cards and cryptocurrencies – all accepted here
We all know that Bitcoin and other cryptocurrencies are definitely not as safe as houses. And when the Sage of Omaha, Warren Buffett himself, says that Bitcoin is “rat poison, squared”, opinion tends to harden Read more…
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PayPal throws its hat in India’s digital payment ring
(Reuters) – Payment processor PayPal Holdings on Wednesday launched domestic operations in India, a market already dominated by China’s Alibaba-backed PayTM, the country’s leading digital payments firm. PayPal’s entry in the Indian market comes as Read more…
Off the Wire
Mastercard and PayPal expand APAC payment partnership
Mastercard and PayPal have announced an extension of their partnership into Asia Pacific to make Mastercard a clear payment option within PayPal. Through collaborations with Mastercard bank partners, consumers will be able to seamlessly add Read more…
Off the Wire
Samsung Pay now supports PayPal accounts for payments
Samsung Electronics has announced it will add PayPal as a payment method within Samsung Pay wherever Samsung Pay is accepted – in-app, online and in-store. Under an expanded strategic partnership with PayPal Holdings, access to Read more…
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PayPal invests $48 million in Korean payments startup Viva Republica
Global payments giant PayPal has invested in South Korean FinTech startup Viva Republica. The company has finalized a $48 million series C funding round with PayPal and a number of other high-profile firms. The round Read more…