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Recent Articles

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PayPal CEO doesn't expect economic environment for e-commerce to improve anytime soon, noting potential recession in 2023; retail activity has been more resilient in US than in Europe, where war in Ukraine could weigh on sector until conflict is over

Amazon to allow US customers to pay via Venmo ahead of Black Friday; Amazon says its goal is to meet the payment needs and preferences of every customer, including options such as paying with cash, buy now pay later

PayPal: Payment options using prevalent systems like Alipay, WeChat key to mobile commerce success in China; 96% of Chinese users shop via smartphone, outpacing other major markets, but only 43% purchase goods internationally, below global average of 60%

Payment processor Forage raises US$22M in Series A funding round, with investors including PayPal, Instacart founder Apoorva Mehta; Forage, which makes it easier for grocers to accept SNAP EBT online, will use funds for product development, hiring

PayPal aims to reduce transaction times, reliance on passwords and to draw more consumers to its buy now, pay later services; move to improve engagement with existing merchants and customers and to outpace competitors such as startup Bolt

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