PayPal is laying off 2,500 employeesThe cuts come almost exactly a year after PayPal slashed seven percent of its workforce.By P. Dixit, 01.30.2024
Amazon ditches Venmo as a direct payment option after just 14 monthsVenmo debit and credit cards are still accepted, though.By K. Holt, 12.07.2023
PayPal and Venmo's debit and credit cards come to Apple WalletYou can add and use them just like any other card stored in your phone. By S. Fielding, 10.04.2023
PayPal introduces its own stablecoin that's pegged to the US dollarYou can use PayPal USD to make purchases or to pay other users.By M. Moon, 08.08.2023
Venmo now supports tap to pay on Android phonesThere's no card reader necessary.By J. Fingas, 06.28.2023
Venmo now lets you send crypto to other users for some reasonAs a warning, transfers cannot be canceled or reversed.By L. Bonk, 04.28.2023
PayPal launches passkey logins for Android in the USRight now, users need the Chrome browser to use the feature.By M. Moon, 03.24.2023
PayPal is laying off 2,000 employeesThe cuts will affect 7 percent of the company’s total workforce. By I. Bonifacic, 01.31.2023
Amazon now lets you pay using VenmoThe option will be available to everyone in the US in the next few weeks.By J. Fingas, 10.25.2022
PayPal adds passkey support in the US for easier logins and check outsIt will be exclusively available to Apple users until other platforms, like Android, fully launch passkey support.By M. Moon, 10.24.2022
PayPal's new rewards program includes Honey shopping discountsThe company bought Honey three years ago.By J. Fingas, 10.17.2022
Indonesia restores access to PayPal, Yahoo and Valve servicesThe country blocked several platforms that failed to register with a government database on time.By K. Holt, 08.03.2022
Indonesia blocks Steam, PayPal and other services over missed regulatory deadlineThe platforms failed to register with the government in time. By I. Bonifacic, 07.30.2022
PayPal will let users split the cost of purchases over up to 24 monthsPay Monthly is building on the company's previous buy now, pay later schemes.By K. Holt, 06.15.2022
PayPal has been laying off workers to reduce costsEven the established payment processor isn't immune to the economic downturn.By M. Moon, 05.27.2022
PayPal's credit card will offer up to three percent cashbackLike Apple Card, the PayPal Cashback Mastercard has no annual fee.By K. Holt, 04.05.2022
You can now use PayPal to send money to users in UkraineThe payment platform is temporarily waiving transaction fees for Ukraine customers. By A. Khalid, 03.17.2022
PayPal suspends services in Russia amid Ukraine invasionThe company condemned the country's "violent military aggression."By I. Bonifacic, 03.05.2022
PayPal faces lawsuit for freezing customer accounts and fundsIt wouldn't even tell them why their funds had been frozen, the plaintiffs said in their complaint. By M. Moon, 01.14.2022
PayPal confirms it's exploring the launch of its own stablecoinThe cryptocurrency is reportedly backed by the US dollar.By M. Moon, 01.08.2022