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Consumer Financial Protection Bureau Opens Inquiry Into "Buy Now, Pay Later" Credit
Paypal CEO Says Focused On Becoming An Essential Everyday App For Consumers
PayPal Posts Quarterly EPS Of $0.92
PayPal Holdings, Inc. is a technology platform and digital payments company that enables digital and mobile payments on behalf of consumers and merchants. The Company's combined payment solutions, including its PayPal, PayPal Credit, Braintree, Venmo, Xoom, iZettle, and Hyperwallet products and services, comprise its Payments Platform. It operates a two-sided network that links its customers around the globe to facilitate the processing of payment transactions, allowing it to connect merchants and consumers. The Company allows its customers to use their account for both purchase and paying for goods, as well as to transfer and withdraw funds. It enables consumers to exchange funds with merchants using funding sources, which include bank account, PayPal account balance, PayPal Credit account, credit and debit card or other stored value products. The Company also offers consumers person-to-person (P2P) payment solutions through its PayPal Website and mobile application, Venmo and Xoom.
Consumer Financial Services
2211 N 1st St
SAN JOSE, CA
John Joseph Donahoe
Independent Chairman of the Board
Daniel H. Schulman
President, Chief Executive Officer, Director
John D. Rainey
Chief Financial Officer, Executive Vice President, Global Customer Operations
Executive Vice President, Chief Technology Officer
Executive Vice President - Risk and Platforms, Chief Risk Officer
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PayPal Holdings Inc is bringing on a new top lawyer to succeed Louise Pentland, who will step down from her role as chief business affairs and legal officer at the end of the year, the company confirmed Tuesday.
PayPal Holdings Inc beat Wall Street estimates for quarterly profit and said U.S. users of its peer-to-peer payment service Venmo would be able to pay on Amamzon.com starting next year.
PayPal Holdings Inc reported a nearly 7% rise in third-quarter profit on Monday, fueled by higher adoption of digital modes of payment and more transactions made through its peer-to-peer payment service Venmo.
U.S. stock indexes opened higher on Monday as investors geared up for earnings reports from heavyweight technology companies this week, while PayPal jumped after saying it was not interested in buying Pinterest.
Palestinian activists have accused PayPal Holdings Inc of discrimination for not allowing Palestinians in the Israeli-occupied West Bank and the Gaza Strip to link their bank accounts to its digital payment platform.
PayPal Holdings Inc has offered to buy digital pinboard site Pinterest Inc for $45 billion, people familiar with the matter said on Wednesday, a combination that could herald more financial technology and social media tie-ups in e-ecommerce.
PayPal Holdings Inc was looking to buy digital pinboard site Pinterest Inc, Bloomberg News reported on Wednesday, citing people with knowledge of the matter. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Maju Samuel)
Mastercard Inc on Tuesday launched a buy now, pay later service, tapping into a market that is threatening to chip away at the dominance of credit cards as a main source of payments.
U.S. payments giant PayPal Holdings Inc said it would acquire Japanese buy now, pay later (BNPL) firm Paidy in a $2.7 billion largely cash deal, taking another step to claim the top spot in an industry experiencing a pandemic-led boom.
Payments company PayPal Holdings Inc said on Tuesday it would acquire Japan-based Paidy in a deal that would value the buy now, pay later firm at $2.7 billion. (Reporting by Anirudh Saligrama in Bengaluru; Editing by Ramakrishnan M.)
Shares of PayPal Holdings Inc jumped on Monday after a report that it is exploring ways to let its U.S. customers trade individual stocks on its platform.
PayPal Holdings Inc is exploring ways to let its U.S. customers trade individual stocks on its platform, CNBC reported on Monday, citing two sources familiar with the matter. (Reporting by Sohini Podder in Bengaluru; Editing by Amy Caren Daniel)
A PayPal Holdings Inc shareholder sued in federal court on Friday, claiming the fintech juggernaut concealed lackluster compliance efforts that prompted government investigations.
PayPal Holdings Inc will allow customers in the UK to buy, sell and hold bitcoin and other cryptocurrencies starting this week, the company said on Monday.
PayPal Holdings Inc will no longer charge customers late fees when they miss payments on buy now, pay later (BNPL) purchases globally, as competition heats up in the fast-growing sector.
Paypal Holdings Inc-owned Venmo on Tuesday rolled out a feature that would allow holders of its credit cards to automatically buy cryptocurrencies with the cashback earned on their purchases.
Shares of PayPal Holdings Inc fell 8% on the payment company's downbeat current-quarter profit outlook that outweighed a better-than-expected profit in the second quarter from a pandemic-driven shift to digital spending.
PayPal Holdings Inc reported better-than-expected quarterly results on Wednesday, benefiting from a pandemic-driven shift to online shopping and digital transactions and a rise in consumer spending as economies reopen.
PayPal Holdings Inc is partnering with non-profit organisation the Anti-Defamation League (ADL) to investigate how extremist and hate movements in the United States take advantage of financial platforms to fund their criminal activities.
PayPal Holdings Inc's new "buy now, pay later" offering in Australia will not charge late payment fees, the U.S. payments giant said on Wednesday, as it attempts to edge past main industry rival Afterpay in the country.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.