Tag: PayPal

News highlights – 19 October 2017

News highlights – 19 October 2017

Written by on October 20, 2017 in News with 0 Comments

News highlights for 19 October 2017 Amazon is being offered billions in tax breaks for HQ2 (Reuters) – Amazon.com Inc is receiving offers of billions of dollars in tax breaks and other subsidies from cities and states across North America that are participating in a company contest to pick a location for its second headquarters. […]

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News highlights – 17 October 2017

News highlights – 17 October 2017

Written by on October 18, 2017 in News with 0 Comments

News highlights for 17 October 2017 Facebook buys teen app tbh (Reuters) – Facebook Inc has acquired tbh, an app popular among teens, as the world’s largest social network looks to attract more users. The app, an acronym for “To be Honest”, allows users to anonymously answer multiple choice questions about friends, who then receive the […]

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PayPal expands lending capabilities through acquisition

PayPal expands lending capabilities through acquisition

Written by on August 11, 2017 in News with 0 Comments

NEW YORK (Reuters) – Payments firm PayPal Holdings Inc has agreed to acquire online lending company Swift Financial in a bid to expand its business that provides working capital to merchants. The acquisition will allow PayPal to offer loans to the larger businesses that process payments through its platform and better provide credit to firms […]

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PayPal – the story of the world’s biggest online payment system

PayPal – the story of the world’s biggest online payment system

Written by on August 8, 2017 in Features with 0 Comments

 The story of PayPal is one of a quiet, but huge success. As usual, though, it was not all plain sailing. In fact, in 1999, it was voted one of the worst business ideas of the year. Mind you, the people who founded PayPal include some people who are the real visionaries of our times. […]

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PayPal is established but still making waves in the world of payments

PayPal is established but still making waves in the world of payments

Written by on February 20, 2017 in Opinion with 0 Comments

The world of digital – particularly mobile – payments is fast-moving and complex. And unlikely to get simpler any time soon. The question for players that are not called Apple, Samsung or Wal-Mart is ‘how do you keep up, how do you differentiate yourself?’ The answer, for PayPal at least, is to extend the functionality […]

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PayPal offers subdued outlook, worried by currency fluctuation, competition

PayPal offers subdued outlook, worried by currency fluctuation, competition

Written by on January 27, 2017 in News with 0 Comments

(Reuters) – PayPal Holdings Inc offered a subdued outlook on Thursday, as it faced unpredictable currency fluctuations and an increasingly competitive digital payments market. The payments processor predicted its first-quarter revenue would be roughly in line with analyst expectations, with flat to slightly better operating margins for the full year. PayPal gave the guidance in […]

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In Europe, the payments puzzle is about to become a battlefield

In Europe, the payments puzzle is about to become a battlefield

Written by on September 6, 2016 in Features with 0 Comments

STOCKHOLM (Reuters) – European mobile payment providers iZettle and SumUp are among a handful of start-ups that have encouraged European small businesses to kick their cash-only habits. Now, their strategy is to lower fees as they brace for a more formidable challenge: the onslaught of mature North American payment providers onto their home territory. San […]

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News highlights – July 21

News highlights – July 21

Written by on July 22, 2016 in News with 0 Comments

News highlights from Thursday, July 21 Ride-hailing service Grab partners Indonesia’s Lippo for mobile payments Southeast Asian ride-hailing service Grab said on Friday it is teaming up with Indonesian conglomerate Lippo Group to implement a payments platform. This will be Grab’s first step to providing a mobile payments solution more widely across Southeast Asia and will […]

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Digital services the darlings of hedge funds

Digital services the darlings of hedge funds

Written by on November 17, 2015 in News with 0 Comments

(Reuters) – Top U.S. hedge fund management firms, including Soros Fund Management LLC and Viking Global Investors, placed new bets on Netflix Inc while Tiger Global Management increased its stake in the video streaming company during the third quarter, regulatory filings showed on Monday. Viking bought 4.5 million shares while Tiger Global upped its stake […]

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PayPal lends a billion dollars

PayPal lends a billion dollars

Written by on October 27, 2015 in News with 0 Comments

LAS VEGAS (Reuters) – PayPal Holdings Inc, the online payment processor, said on Tuesday its small-business lending program has processed $1 billion in loans in the first two years of its launch and more than doubled loan growth in that span. PayPal Working Capital is extending short-term loans totaling more than $100 million per month, […]

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