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    PayPal

    News stories featuring PayPal:

    JustGiving to aid contactless donations

    November 28th, 2016

    Online donation platform JustGiving has showcased a prototype for a TapDonate mobile app in collaboration with UK charity Bloodwise that will enables contactless card donations to be made to charities through PayPal Here. “Once downloaded to a charity device, such as an iPhone or a tablet, the app can be quickly and easily programmed with a charity’s branded content and then connected with one touch to a PayPal Here card reader to enable a cashless donation to be processed in seconds,” JustGiving says.

    Carta to host payments and fintech leaders at Mobey Day Toronto

    November 23rd, 2016

    PARTNER NEWS: Carta Worldwide is preparing to welcome leaders from across the payments and financial technology industry to the first Mobey Day in North America, to be held at the Four Seasons Hotel in Toronto… More

    Facebook update brings tokenization to Messenger payments

    November 15th, 2016

    Facebook has introduced a payments update to its Messenger platform that will allow US businesses who are not integrated with Stripe or PayPal to process payments within both messages and webview using tokenization technology. The… More

    China’s mobile commerce lead over US revealed in IAB report

    November 11th, 2016

    China is leading the US when it comes to mobile commerce, with nearly twice as many Chinese consumers making a mobile purchase over the previous 12 months than their American counterparts, a study by the… More

    Apple Pay ranks fifth in online payments survey

    November 10th, 2016

    Apple Pay now has a 0.25% share of payments on the top 10,000 websites, analytics firm SimilarTech reveals, ranking in fifth place behind PayPal with a 2.36% lead, followed by the PayPal Subscribe Button (0.98%), Stripe (0.35%) and Braintree (0.32%). Amazon Payments comes in eighth place with 0.07%. Among the top 100,000 websites, Apple Pay remains in fifth place with a 0.11% share of the number of overall payments. It launched on the web in September 2016.

    PayPal launches Siri payment requests in 30 countries

    November 10th, 2016

    PayPal has enabled money transfers via Apple’s Siri voice command function, enabling users with iOS10 devices to make payments by speaking requests. The function will be available in 30 countries. “PayPal users can now send… More

    European millennials demand higher standards for mobile payments services

    November 8th, 2016

    One fifth of German millennials (21%), more than a third of Dutch millennials (36%) and Italian millennials (37%) and a quarter of UK millennials (25%) are now making mobile payments in-store, online and in-app, research… More

    PayPal tops US digital payment preference

    November 2nd, 2016

    More than half of US consumers (60%) are currently using a method of digital payment with the most popular proving to be PayPal, used by 51%, a study conducted by Thales in conjunction with Wakefield Research reveals. Apple Pay came in second with 11%, followed by Google Wallet (7%), Android Pay (6%), Chase Pay (6%), Samsung Pay (5%) and Venmo (3%). “88% of respondents reported they would discontinue using digital payments if they personally fell victim to cybercriminal activities as a result of a data breach,” the survey finds.

    US consumers trust banks most for payments

    November 1st, 2016

    More than eight in 10 US consumers (82%) trust banks most to keep their payments safe, research from the American Bankers Association (ABA) reveals. “Only 3-4% of consumers trust major retailers or telecom companies to protect their payments,” ABA says. Some 11% trust alternative payment providers such as Apple, PayPal and Venmo, while 21% of consumers have used a mobile app on their phone to make a payment — 65% have used PayPal, 34% have used Apple Pay and 32% have used Android Pay.

    PayPal to be payment option in Messenger app

    October 25th, 2016

    Online payments firm PayPal is to extend its relationship with Facebook and Messenger, becoming a payment option within the messaging app. PayPal customers will be able to link their accounts to Facebook and Messenger at the checkout, while those in the US will also be able to get notifications in Messenger. Bill Ready from PayPal said the deal would “help make mobile commerce smarter, simpler and more secure for consumers as well as merchants”.

    PayPal talks up in-store mobile payments and One Touch adoption

    October 25th, 2016

    In-store mobile payments have experienced a “long and difficult road” but the functionality is now starting to resonate with consumers, PayPal’s EVP and chief operating officer Bill Ready has told attendees during a keynote at Money20/20…. More

    US banks unveil money-transfer app

    October 24th, 2016

    America’s biggest banks have launched a money-transfer app to compete with PayPal, Venmo and Square Cash, Reuters reports. Zelle, developed by bank-owned Early Warning Services, is built on top of a payments network that connects the country’s five biggest banks — and others — including Chase, Citi and Bank of America. Another 20 banks will be added early next year. “This is about creating a wide, and inclusive, alternative to cash and checks for everyone,” says Early Warning Services chief executive Paul Finch.

    PayPal tops mobile payment apps in US, but retailers want Apple Pay

    October 18th, 2016

    Nearly one in five US smartphone owners (18%) have now used a mobile payment app, research released by Parks Associates reveals, with PayPal proving to be the most popular among all US smartphone users with… More

    UK Vodafone customers get NFC payments through PayPal

    October 10th, 2016

    Vodafone customers in the UK can now make NFC mobile payments through PayPal using Vodafone Wallet at any contactless terminal as well as across the Transport for London (TfL) network and on National Rail services… More

    Facebook updates Messenger bots to enable payment

    September 13th, 2016

    Businesses across the US will now be able to sell products and services through Facebook’s Messenger app. An update to the social network’s recently launched Messenger chatbot platform will enable bots to accept payments without having… More

    Venmo to get NFC mobile payments

    September 9th, 2016

    The PayPal-owned Venmo mobile payments app may soon allow users to make in-store purchases using NFC. PayPal is also adding NFC mobile payments to its PayPal Wallet through an agreement reached with Visa in July 2016 and the Mastercard deal announced this week. “Venmo and its parent company, PayPal, are adding in-store payments to their mobile apps in the first half of 2017,” Quartz reports. “Jim Magats, PayPal’s head of global core payments, tells Quartz that PayPal is in discussions with Apple to see how they can work together in the future.”

    Visa Checkout coming to Braintree merchants

    September 7th, 2016

    Visa Checkout will soon be offered as a service for US retailers using the PayPal-owned Braintree payments platform. “Visa Checkout will be available to US merchants through Braintree’s SDK in early 2017,” PayPal says. “Visa Checkout now has more than 14m consumer accounts. Hundreds of thousands of merchants and more than 900 financial institution partners now offer Visa Checkout in 16 countries around the world; expansion into five additional European countries and India will take place by the end of 2016.”

    PayPal extends NFC acceptance in US via Mastercard

    September 6th, 2016

    US consumers will soon be able to make NFC mobile payments using PayPal at the point of sale wherever Mastercard is accepted. The strategic partnership between the two companies will also enable Masterpass as an… More

    Three quarters of US retailers plan to accept Apple Pay before 2018

    August 16th, 2016

    More than three quarters of US retailers (76%) plan to accept Apple Pay by the end of 2017, research released by the National Retail Federation and Forrester reveals.  More

    Coinbase rolls out in Australia

    July 28th, 2016

    Bitcoin wallet Coinbase has expanded into Australia. “Customers in Australia can now buy Bitcoin and Ether using their credit and debit cards,” the company says. “Please note that at this time, users in Australia can only buy digital currency. We hope to add the ability to sell digital currency as well soon.” Coinbase added PayPal and credit card support in June 2016.

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