PayPal said it had no intention fining customers for spreading misinformation, after attracting criticism for publishing a new user agreement outlining such a plan, Bloomberg reported. According to Bloomberg, the issue gained traction over the weekend after the company published… Read More
PayPal announced that it is expanding its money services to help Ukraine humanitarian efforts. In short, it is offering specific services that will enable people to provide help. It also included a step-by-step way for Ukrainian people to set up… Read More
Both Visa and Mastercard announced that they were suspending their operations in Russia. They each made their own statements. Bloomberg reported that each company gets about 4% of its net revenue from business linked to Russia. Visa posted a statement… Read More
Bloomberg reported that PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc., according to people with knowledge of the matter. Bloomberg wrote that PayPal approached Pinterest about a potential deal in private talks. The companies have… Read More
PayPal posted an article titled: “Upcoming Changes for Some US Businesses”. The new rates will apply to a portion of their merchant customers in the U.S. beginning on August 2, 2021. Here is what is changing: PayPal Digital Payments: For… Read More
PayPal announced that it has agreed to acquire Honey Science Corporation, a rapidly-growing technology platform for shopping and rewards, for approximately $4 billion. The acquisition supports PayPal and Honey’s shared mission to simplify and personalize shopping experiences for consumers while… Read More
CNBC reported that PayPal is withdrawing from Facebook’s Libra Association. CNBC provided a statement from PayPal: PayPal has made the decision to forgo further participation in the Libra Association at this time and to continue to focus on advancing our… Read More