News stories featuring PayPal:
April 18th, 2017
Android Pay users across the US will soon be able to make in-store, in-app and online payments using their PayPal account. “People in the US can simply link their PayPal account to use with Android Pay,” Google’s Pali Bhat writes in a blog post. PayPal has also announced a partnership with Wells Fargo that will enable the bank’s customers to add their debit and credit cards to PayPal for in-store NFC mobile payments.
April 12th, 2017
Facebook Messenger users across the US can now send and receive money between groups of people in a Messenger conversation by selecting the payments icon and then choosing who to send or request money from using a list of conversation participants.
April 6th, 2017
PayPal users across Asia Pacific will soon be able to make in-store NFC mobile payments in all Visa supporting locations, following an announcement by PayPal and Visa that they are to expand their US payments agreement to the region. The move will see PayPal making use of the Visa Digital Enablement Program (VDEP) to tokenize payments made in-store by its customers on a mobile phone or connected device.
March 14th, 2017
Vodafone has added PayPal as a payment option to its NFC-based Vodafone Wallet mobile payment service in the Netherlands. “Vodafone Wallet is the first mobile wallet in the Netherlands which supports PayPal payments,” the carrier says. The roll-out forms part of a European collaboration between Vodafone and PayPal unveiled in February 2016. Vodafone Wallet is also live with PayPal in Spain, Italy and the UK, and launched in Germany last week.
March 8th, 2017
Vodafone Germany customers can now make NFC mobile payments using PayPal or a Visa credit card installed in the mobile network operator’s Vodafone Wallet. The service went live in Germany in 2014 and customers began testing NFC mobile payments using their Girocard — Germany’s most common debit card — in December. Vodafone Wallet can also be used by Mercedes-Benz E-Class drivers to lock and unlock their car doors.
March 6th, 2017
Nearly 20% of US smartphone owners have used a mobile payment app at a retail location, research released by Parks Associates shows. “PayPal is overwhelmingly the most used payment app with 63% of payment app users choosing this payment solution, compared to 38% who use the Starbucks app,” the firm says, adding that 80% of consumers are “very satisfied” with the mobile payment apps they use.
February 28th, 2017
A third of all transactions processed by PayPal are now conducted using a mobile device, PayPal COO Bill Ready has revealed, with the company processing more than US$31bn in mobile payments in the fourth quarter of 2016 — up 53% from the same period in 2015. Fifty million people around the world now have a PayPal account that is enabled for One Touch payments, Ready adds, with 75% of the top 100 US retailers now supporting the service.
February 15th, 2017
Luxury car maker Jaguar has begun integrating a mobile payments system into its vehicles, allowing drivers to use PayPal or Apple Pay to pay for fuel at Shell service stations using an app and the…
February 8th, 2017
PayPal customers in the US, UK, Australia and Canada can now send money to each other using a PayPal bot on team messaging service Slack. “Install the PayPal bot available on the Slack App Directory,” PayPal says. “Once installed, link your PayPal account and set your preferred transaction settings — sending money from your PayPal account to a friend is as easy as typing ‘/PayPal send $5 to @Dave’.”
February 7th, 2017
Apple Pay has the largest percentage of supporting US merchants with 36% accepting the mobile payment service today, up from 16% last year, research released by Boston Retail Partners (BRP) reveals. Some 22% of retailers…
February 6th, 2017
Two thirds of 18- to 25-year-olds in the UK (64%) are using a mobile wallet, while only 14% have “no interest” in doing so, research released by social money transfer app Moneymailme reveals. “PayPal seems to remain one of the most frequently used online payment services among 18- to 25-year-olds (52%), while newer entrants to the market like Apple Pay (18%) and Google Wallet (9%) are starting to gain market share,” the company says. Meanwhile, 48% believe cash will become obsolete within 20 years.
January 30th, 2017
Mobile payments accounted for a third of PayPal’s overall payment volume during the fourth quarter of 2016, the company’s CEO Dan Schulman has revealed, with the total volume of mobile payments increasing by 55% over the course of last year.
January 12th, 2017
US consumers will be able to make NFC mobile payments using PayPal at the point of sale wherever Discover is accepted, and use their Discover Cashback Bonus to pay at online and mobile merchants that accept PayPal. “The agreement provides PayPal with access to Discover’s tokenization services,” PayPal says. PayPal extended its support for NFC mobile payments through a deal with Visa in July 2016 and partnership with Mastercard in September.
December 16th, 2016
Paypal has announced new partnerships with US bank Citi and financial technology services provider Fidelity National Information Services (FIS). The deal with Citi will see Citi cardholders able to use their card through PayPal at the point of sale, where Visa or Mastercard contactless payments are accepted. PayPal adds working with FIS would allow them to “provide a more seamless way for their thousands of bank issuers to drive more digital spend with their customers through PayPal accounts”.
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.
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…
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…
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…
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.
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…
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