PayPal

The payment company is enabling consumers to stack multiple cash-back offers as a way to lure consumers to its alternative digital wallet.

CEO Alex Chriss contends the payments company can get a boost from greater access to mobile payment technology while competing against the technology giant on other fronts.

The tech giant is enabling users to pay by holding smartphones together, potentially cutting into the market for Zelle, PayPal and Venmo.

PayPal has brought on expert pitchmen from Uber and Plaid to build an advertising platform for merchants. Its rivals are on a similar path.

Digital assets have never caught on for mainstream payments, but the card network isn't giving up hope. Its latest effort aims to reduce complexity by learning from the successes of digital wallets.

Payment firm BVNK is betting that PYUSD's potential to connect to PayPal's network of millions of consumers and businesses will make it more than another investment currency.

Mastercard launches service to fight instant-payment fraud, EU may green-light Apple's NFC-access plan, and more.

CEO Alex Chriss told analysts the company's AI-heavy product rollouts won't improve financial results in the near-term.

PayPal hopes to demonstrate its coin's utility by using it to take a stake in a company called Mesh.

PayPal, which employed around 29,900 workers at the end of 2022, announced a similar round of cuts last January.