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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
Published:
December 08, 2022
by Payments Dive
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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
Published:
October 25, 2022
by Amazon.com Inc.
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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%
Published:
August 15, 2022
by South China Morning Post
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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
Published:
August 12, 2022
by GlobeNewswire
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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
Published:
June 13, 2022
by Payments Dive
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