PayPal is reportedly shutting down its office in San Francisco
PayPal, a major US payment processor, according to a report is apparently closing its San Francisco office, however, staff will be able to work from the company’s headquarters in San Jose. According to a story published by TechCrunch on Wednesday, the payments company’s Xoom business, which provides international digital money transfer services, may close its […]
PayPal launches new app for crypto savings and direct deposits
PayPal has announced the launch of a new app that will serve as a one-stop-shop for all of its customers’ digital payment demands. The app offers customers the ability to manage all PayPal-related transactions from a single dashboard. PayPal CEO Dan Schulman claimed in July, that the company’s super app was ready for a release […]
PayPal announces that customers can now hold and trade crypto
After a slow rollout last month, PayPal’s Bitcoin trading services are now fully operational in the United Kingdom. On Friday, PayPal announced that all eligible users in the United Kingdom can now use their PayPal accounts to purchase, hold, and sell cryptocurrencies. Customers can exchange Bitcoin, Ether, Litecoin, and Bitcoin Cash. As previously stated, only […]
UK becomes PayPal’s first crypto expansion outside the U.S
PayPal customers in the United Kingdom will be able to buy, sell, and store four different cryptocurrencies: Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. PayPal customers in the United Kingdom can now purchase, sell, and hold Bitcoin, Ethereum, Bitcoin Cash, and Litecoin starting Monday. Through a crypto page on PayPal’s website and mobile app, customers may […]
Square to integrate Afterpay into its Seller and Cash App business units
Square intends to acquire Australian fintech company Afterpay for $29 billion in stock, with the transaction expected to completion in Q1 2022. Due to its acquisition of a big Australian loan company, Jack Dorsey’s cryptocurrency-friendly digital payments firm Square is increasing its battle with global payment giants such as PayPal and Visa. According to Square’s […]