Digital Transactions Authoritative, insightful and timely information for payments professionals
For more information click on web page
Read More »Search Results for: paypal
Toronto Transit Adopts Contactless Payments; PayPal Picks New CEO; Waffle House Goes Contactless
PayPal’s Board Taps Intuit’s Alex Chriss to Replace Retiring CEO Dan Schulman
PayPal Holdings Inc. announced early Monday that Alex Chriss, a long-time executive at Intuit Inc., will take over in September as chief executive, replacing Dan Schulman, who in February triggered the hunt for his successor when he announced he would retire later this year. Chriss, a 19-year veteran at Mountain …
Read More »PayPal Adds PayPal USD Stablecoin; Bad to Worse for Card Skimming; iWallet’s RDC in the Field
PayPal Steps Into Stablecoin Territory With Its PayPal USD
Add a stablecoin to the roster of PayPal Holdings Inc.’s financial and payments products. Announced Monday, the PayPal USD will begin rolling out to PayPal accountholders today and in coming weeks. A stablecoin is a form of cryptocurrency pegged to a reserve asset viewed as stable, such as gold or …
Read More »Shift4 Knocks Competitors’ Fee Efforts; Eye on E-Commerce; PayPal Revenue at $7.3 Billion
PayPal Revenue at $7.3 Billion And Other Digital Transactions News briefs from 8/3/23
PayPal Holdings Inc. reported $7.3 billion in June-quarter net revenue, up 7% year-over-year, as total payment volume grew 11% to $376.5 billion. Payment transactions were up 10%, to 6.1 billion. Total active accounts increased only slightly to 431 million from 429 million a year ago. Net income swung from a loss …
Read More »How FedNow Will Compete; Financial Services Draw Phishers; SoundExchange Adds PayPal, Venmo
SoundExchange Adds PayPal, Venmo And Other Digital Transactions News briefs from 7/13/23
Music-technology provider SoundExchange announced it is adding PayPal and Venmo as options for royalty payments to registered creators. The two payments channels join CashApp and Zelle as payout options on the platform. Tulip, a point-of-sale technology provider for retailers, said it will incorporate payments services from Stripe Inc. Dollar General announced DG Cash …
Read More »Square’s AmEx Card Expands its Banking Reach; PayPal’s Tap to Pay Arrives; DoorDash Adds EBT Payments
