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    PayPal

    News stories featuring PayPal:

    PayPal CEO announces NFC payments expansion

    April 29th, 2016

    Vodafone Wallet with PayPal NFC-enabled payments is now live in Spain and is expected to be made available across Europe throughout the “back half of 2016”, PayPal CEO Dan Schulman revealed during the company’s Q1 earnings call.  More

    Vodafone Wallet wins PX Award

    April 25th, 2016

    PARTNER NEWS: Transaction technology provider Carta Worldwide, PayPal and Vodafone have won the ‘International Program of the Year’ award for Vodafone Wallet at the PX Payments Awards in Canada. “This is the second award win for the new Vodafone Wallet,” Carta says. “In February, the wallet won ‘Best Initiative in Mobile Payments’ at the 2016 Card & Payments Awards.” Vodafone Wallet enabled NFC mobile payments for European users through PayPal in February 2016.

    Dutch gas stations enable mobile payments with MyOrder

    April 14th, 2016

    Motorists will be able to order and pay in advance for fuel at 220 Tamoil gas stations in the Netherlands from this summer using their smartphone and a new mobile refuelling feature enabled through MyOrder… More

    Carta Worldwide renews partnership with NFC World

    March 14th, 2016

    NFC World is pleased to welcome transaction technology provider Carta Worldwide as a partner for a second year. Carta is an award-winning leader in next-generation transaction processing and mobile payment technologies including host card emulation (HCE), cloud-based secure elements and tokenization. More

    Apple Pay tops US merchant mobile wallet requests

    March 4th, 2016

    Nearly half of US point of sale merchants (44%) are using or have requested information about mobile wallet solutions and 67% of those wanted Apple Pay, an investor note by Piper Jaffray analyst Gene Munster reported by Barron’s reveals. “That figure dwarfs the 18% that requested Android Pay/Google Wallet, 8% for PayPal and 7% for Samsung Pay,” the report adds.

    58% of millennials prefer friends to pay cash

    March 3rd, 2016

    Nearly six in ten US millennials (58%) say cash is their preferred way of paying and being paid by friends, followed by P2P payment apps (26%), cheque (8%) and electronic bank transfer (8%), GOBankingRates reveals. Of the 26% who chose P2P payment apps, 11% prefer PayPal, followed by Venmo (6%), Google Wallet (5%) and Square Cash (4%).

    Trust in Apple as a mobile wallet brand increases in the UK

    February 25th, 2016

    Trust in Apple as a mobile wallet provider has increased to 25% among UK consumers, nearing the 27% trust shown for MasterCard, market researcher Marketing Sciences reveals. “Apple has improved from a figure of 18% back in summer 2014 to be trusted by fully 25% today,” the company’s Richard Snoxell writes in a blog post. PayPal has the highest trust rating with 40%, followed by banks (36%) and Visa (33%). Trust in Google stands at 17%.

    Nearly 1bn to use NFC payments by 2019

    February 25th, 2016

    A total of 1.09bn people will be making mobile proximity payments globally by 2019, of which 939.10m will be made through NFC, Ovum’s new m-payments forecast reveals. The total transaction value of mobile proximity payments will grow from US$4.77bn to $141.21bn over the same time period. More

    PayPal to add NFC payments to Android app

    February 22nd, 2016

    An upcoming version of PayPal’s Android app is to bring with it NFC payments capability, the online payment giant has announced at Mobile World Congress. 18 million consumers have also opted in to use the… More

    PayPal to add NFC to Android app

    February 19th, 2016

    PayPal is preparing to introduce NFC support to its Android mobile app at Mobile World Congress next week, according to TechCrunch. “We’ve been spending a lot of time talking about this big period of transformation and how people shop, how people sell and how people interact with their finances,” PayPal’s Jo Lambert told the publication. The news follows PayPal enabling NFC payments for Vodafone Wallet users in Europe.

    PayPal adds buy buttons

    February 15th, 2016

    PayPal has unveiled a new platform that enables merchants and partners to embed buy buttons in emails, social shares, blogs, articles, ads and apps through a set of APIs. “The PayPal Commerce tools, which are currently in beta, allow merchants to securely sell across contexts — anywhere consumers are online or on their mobile devices,” the company says. The platform is the result of the company’s acquisition of mobile commerce platform Modest in the second half of 2015.

    PayPal partners with Vodafone for NFC payments in Europe

    February 12th, 2016

    Vodafone Wallet users in Europe will soon be able to make NFC mobile payments at stores, restaurants and other retail locations using their PayPal accounts. The agreement between the online payments provider and Vodafone marks the… More

    London cabs get PayPal Here

    January 13th, 2016

    London commuters will soon be able to pay for black cab fares with an NFC device or a contactless card using PayPal Here, the company’s contactless reader that launched in the UK in August 2015. “PayPal Here has been approved as a card payment solution by Transport for London (TfL),” PayPal says. All London taxis will be required to accept contactless payments from October 2016, TfL confirmed in November.

    More than 10m consumers sign up for PayPal One Touch

    December 22nd, 2015

    More than 10m consumers have now opted in to PayPal’s One Touch mobile payments solution. “PayPal is processing millions of One Touch transactions each month,” the company says. “More than 50% of the Internet Retailer 500 and more than 1m merchants around the world have One Touch enabled.” PayPal unveiled One Touch in August 2014 and expanded the service to 13 markets in August 2015.

    Facebook Messenger to launch in-app taxi booking and payments

    December 17th, 2015

    Facebook Messenger users across the US will soon be able to order and pay for an Uber taxi from within the chat app. “Within a conversation, tap the more menu and choose transportation,” Facebook says. “You can also search directly for Uber and tap the car icon to request a ride. For a limited time, you’ll get a free ride the first time you use this feature.” Payments are being processed by PayPal’s Braintree.

    Four in ten US consumers have made a mobile payment

    December 17th, 2015

    43% of US consumers have used a mobile device such as a smartphone, tablet or smartwatch to make an in-store purchase, up from 36% last year, research from location-based mobile platform Retale shows. PayPal takes the number… More

    Apple Pay transactions decline on Black Friday

    December 3rd, 2015

    Only 2.7% of US shoppers with Apple Pay used the service on Black Friday to make a purchase in a store equipped to accept the mobile payment technology — representing a decrease from 4.9% last year, research from InfoScout reveals. Just 2% of Android owners used their device to make a mobile payment for eligible transactions during the day. More

    US consumers prefer bank offered mobile wallets

    November 5th, 2015

    More than half of US consumers (51%) are likely to use a bank offered mobile wallet with the top challenges for mobile wallet adoption being fear of identity theft (68%) and merchant acceptability (33%), research from CCG Catalyst reveals. “45% currently use PayPal mobile, which was the most popular mobile wallet used by consumers who took part in the survey,” the company says.

    US consumers vote for banks to keep payments safe

    October 30th, 2015

    An “overwhelming majority” of US consumers (75%) say they most trust banks to keep their payments safe, an American Bankers Association survey has found. 4% most trust alternative payment providers such as PayPal and Venmo while only 1% most trust major retailers or telecom companies. 6% of US consumers have used a mobile app to make a payment, the survey found, with PayPal most popular (45%) followed by Apple Pay (42%) and Google Wallet (11%).

    Aramark and Tapingo take mobile payments to 25 US universities

    October 6th, 2015

    Foodservice, facilities and clothing provider Aramark has partnered with US mobile commerce app provider Tapingo to enable university students and staff to order food from participating locations and pay directly from their mobile device using their student card, credit card or PayPal. “Tapingo and Aramark will roll out the service at more than 25 universities during the program’s initial phase,” Tapingo says.

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