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A Comprehensive Guide to Digital Wallets: Features, Benefits, and Security

Is your digital wallet safe?

Friday, 24/03/2023 | 11:59 GMT by Finance Magnates Staff

Op-ed

Op-ed

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Op-ed

People Are Quitting PayPal, Here's Where They're Headed

Paypal’s share price has fallen over 65% in the past year.
The share price also plunged over 25% earlier in February.

Tuesday, 15/11/2022 | 10:16 GMT by Felicia Tan

Executive Moves

PayPal Names Expedia’s John Kim as New Chief Product Officer

He will assume the role from 26 September.
He is replacing the retiring CPO of Paypal, Mark Britto.

Friday, 09/09/2022 | 07:13 GMT by Arnab Shome

PayPal’s Net Revenues Climb 9% YoY in Q2 2022

The total payment volume reached $339.8 billion in the second quarter.
Operating cash flow came in at $1.5 billion.

Wednesday, 03/08/2022 | 05:48 GMT by Bilal Jafar

PayPal: US Consumers Can Now Buy and Pay Later over Several Months

Customers can make purchases between $199 and $10k.
Purchases are backed by the PayPal Purchase Protection.

Wednesday, 15/06/2022 | 15:16 GMT by Solomon Oladipupo

PayPal to Allow Exchange of Cryptos with External Wallets

The feature is available for select US users in the first instance.
Bitcoin, Ethereum, Bitcoin Cash and Litecoin are among the supported cryptos.

Tuesday, 07/06/2022 | 23:42 GMT by Felipe Erazo

The Top 5 Payment Gateway Providers in 2022

Everyone is looking for a safe and hassle-free solution for their business.

Thursday, 12/05/2022 | 10:45 GMT by Finance Magnates Staff

Executive Moves

Deko Names Melanie Vala as New Chief Commercial Officer

Vala joins Deko from Splitit.
She will accelerate the growth and awareness of Deko’s flexible solutions.

Friday, 06/05/2022 | 11:30 GMT by Bilal Jafar

PayPal Posts 8% Jump in Q1 Revenue, Exceeds Expectations

The company is now expecting a hit in payment volume due to inflation.
It closed the quarter with 429 million active accounts.

Thursday, 28/04/2022 | 05:54 GMT by Arnab Shome

Executive Moves

John Rainey Announces Departure from PayPal

He was serving as the Chief Financial Officer at PayPal.
Gabrielle Rabinovitch will join the company as interim CFO.

Wednesday, 13/04/2022 | 07:09 GMT by Bilal Jafar

Thought Leaders

Unexpected Industries Where PayPal is Now the Preferred Payment Method

Many consumers prefer online payment options to bank cards because they are more efficient

Monday, 04/04/2022 | 11:48 GMT by FM

PayPal Ventures Announces Investment in Cymbio

With new investment, the company is planning to expand its operations.
Last year, Cymbio closed its $20 million Series B funding round.

Saturday, 26/03/2022 | 09:25 GMT by Bilal Jafar

Executive Moves

PayPal Onboards Archana Deskus as Executive VP and Chief Information Officer

Deskus brings around two decades of financial experience to the role.
She will supervise PayPal’s global information technology operations.

Wednesday, 23/03/2022 | 10:26 GMT by Tom Hazan

PayPal Suspends Services in Russia

Several financial companies have closed their operations in the country.
PayPal mentioned that it is providing support to its employees in Russia.

Saturday, 05/03/2022 | 11:03 GMT by Bilal Jafar

Skipify Receives Strategic Investment Led by PayPal Ventures

Skipify received the funding to help it expand its business.
The e-commerce marketing platform aims to reduce friction in the buying process.

Friday, 25/02/2022 | 07:25 GMT by Nicholas Otieno

Executive Moves

Marqeta Has Named Mike Milotich as Its New Chief Financial Officer

Milotich brings in excess of twenty years of experience from the financial sector.
Tripp Faix, the outgoing CFO, has decided to step down.

Thursday, 10/02/2022 | 16:16 GMT by Tom Hazan

4.5 Million Accounts Were Shut by PayPal, 'Bad Actors' Are Blamed

PayPal missed its user growth targets.
The stock's price target was lowered.

Thursday, 03/02/2022 | 11:38 GMT by Matti Williamson

PayPal Stock Price Dives after a Slow Down in Q4 2021 Growth

The share price of the company dropped 17 percent in after-hours trading.
The company also put forth a bearish forecast for Q1 of 2022.

Wednesday, 02/02/2022 | 10:34 GMT by Arnab Shome

PPRO Payment Firm Hires Bernie Miles As CTO

Bernie Miles brings over 20 years of work experience to PPRO.
Fintech firms strive to foster environment that better serve customers.

Wednesday, 15/12/2021 | 20:19 GMT by Nicholas Otieno

WonderFi to Buy Crypto APIs, a Major Blockchain and Crypto Data Provider

WonderFi agrees to purchase Crypto APIs for an undisclosed amount.
The development indicates how major firms are showing interest in the crypto market.

Wednesday, 15/12/2021 | 07:36 GMT by Nicholas Otieno

PayPal Gains 13.3 Million New Customers in Q3, Keeps Forecast Bearish

The company is expected to end in 2021, gaining around 55 million new customers.

Tuesday, 09/11/2021 | 08:00 GMT by Arnab Shome

PayPal Plans to Buy Japanese Firm Paidy for $2.7 Billion

The company is planning to expand its presence in Japan.

Wednesday, 08/09/2021 | 06:34 GMT by Bilal Jafar

PayPal Considers Launching a Stocks Trading Platform for US-Based Customers

Sources familiar with the matter commented that the payments giant is already holding talks with potential partners.

Monday, 30/08/2021 | 18:39 GMT by Felipe Erazo

Thought Leaders

3 Companies Transforming Bitcoin Into a Global Means of Payment

Bitcoin and other crypto are progressing towards mass adoption faster than you think.

Monday, 30/08/2021 | 07:07 GMT by Finance Magnates Staff

PayPal Introduces Its Cryptocurrency Services in the UK

UK-based customers of PayPal can now buy as little as £1 worth of cryptocurrency.

Monday, 23/08/2021 | 06:52 GMT by Bilal Jafar

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