Tag: PayPal

October 26, 2023

UPS has agreed to acquire reverse-logistics solution Happy Returns from PayPal for an undisclosed amount. The deal is expected to close in the fourth quarter of this year. Happy Returns offers box-free, label-free returns for more than 800 merchant partners […]

May 3, 2023

PayPal is set to invest in threat prevention developer, Deep Instinct, which is the first organisation to apply deep learning to cybersecurity. PayPal Ventures joins existing investors which includes Black Rock, Chrysalis Investments, Millennium, Unbound, Untitled Investments, The Tudor Group […]

February 3, 2023

Co-op and PayPal have partnered up to give shoppers extended choice when it comes to paying at checkout. The solution is now available for shoppers as a payment option for purchases of online home delivery orders and Click and Collect […]

January 25, 2023

PayPal has announced it is partnering with ecommerce tech company Bold Commerce. PayPal is working with Bold Commerce to bring payments and commerce together as the fintech company moves into the growing headless commerce market. “Payment choice and flexibility have […]

October 27, 2022

Amazon on Tuesday said that it is adding the Venmo peer-to-peer (P2P) payment service to the options it provides shoppers purchasing goods from its platform. The company is currently rolling the Venmo option out with plans to make it available […]

April 21, 2022

Made, founded in 2009 following the Great Recession of 2008 to support up-and-coming designers, has found a newfound purpose during the COVID-19 pandemic. PayPal’s involvement in Made’s relaunch is part of the payments company’s efforts to close the racial wealth […]

February 4, 2022

PayPal has seen its shares nosedive by 18% as its financials missed analyst expectations and the outlook was downgraded. Earnings per share came in at £0.81 ($1.11) for the fourth quarter, versus expectations of £0.82 ($1.12). Revenue was a beat […]

August 18, 2021

It just got a little easier for consumers to buy now, pay later (BNPL) for purchases they may have otherwise put off. PayPal Holdings said starting this fall it will no longer charge late fees for missed payments on buy […]

August 2, 2021

PayPal is aggressively adding new features for merchants, like in-store services, to shore up profits as its historic online marketplace partner, eBay, breaks away from the tie. PayPal has known for years that eBay planned to break away, and now […]

July 26, 2021

You may have seen the news of installment payment company Affirm acquiring returns payment platform Returnly, and the more recent announcement of PayPal acquiring Happy Returns. Interestingly, we called this at the start of the year in our five predictions, […]

June 22, 2021

PayPal’s rate increase comes despite a proliferation of new digital payment channels in recent years as financial technology startups target their digital innovations at the way consumers make payments. With the jump in e-commerce activity during the COVID-19 pandemic, rival […]

May 14, 2021

PayPal has acquired box-free returns start-up Happy Returns in its latest push to expand its services beyond payments to become a “digital commerce enablement engine”. Happy Returns will now act as the “nucleus” for PayPal’s post-purchase offering for merchants and […]

April 15, 2021

As the COVID-19 pandemic continues, retailers have pivoted to give consumers more choices via their mobile apps. Incognia examined multiple retailers, including Best Buy, Costco, Walmart and Target, for traits ranging from the number of clicks and fields required to […]

March 31, 2021

PayPal has announced it is giving customers the chance to ‘checkout with crypto’ at its 29 million merchants for everyday purchases. The service, which is currently only available to consumers in the US, will enable the payment of goods with […]

March 9, 2021

PayPal has announced plans to acquire cryptocurrency security firm Curv in a move which suggests the payment giant could soon allow customers to pay using digital currency. According to Decrypt, which first reported the deal, PayPal has been in talks […]

February 15, 2021

Ebay sellers will soon be forced to link their bank accounts to their profiles in order to continue selling as it pushes ahead with its separation from PayPal. In February last year Ebay announced that it was ending its deeply […]

November 3, 2020

PayPal Holdings Inc. on Monday announced it had beat Wall Street estimates for its third quarter revenue and profits, thanks to a surge in digital payments. The online payment specialist processed a total of $247 billion in payments in the […]

September 1, 2020

PayPal has launched its own “buy now, pay later” (BNPL) scheme in a major challenge to market leaders like Klarna and Afterpay. ‘Pay in 4’ will be freely available to all merchants who accept PayPal as a payments option, which […]

June 24, 2019

The new integration furthers e-commerce efforts to meet customers where they are by providing a variety of payment options. Jose Ugia, a Google Developers engineer, pointed out in the company’s blog post that customers who choose to use their PayPal […]

June 4, 2019

Allowing more smaller merchants onto its PayPal Commerce Platform is the online payment system’s latest move toward strengthening its market position. Just over a year ago, the company acquired iZettle, a small business commerce platform that’s popular in Europe and […]