PayPal CEO Alex Chriss teased news he said will be coming on January 25th. PayPal will announce a “first look” at what’s coming to market in 2024, he said in a post on LinkedIn using the hashtag #PayPalFirstLook: “25 years Read more
Dan Schulman published a farewell post to PayPal employees a day before his last day as CEO. He announced his retirement in February and helped search for his replacement. Last month, PayPal announced Intuit executive Alex Chriss would take the Read more
A sports reporter who uses Stripe to process payments for her paid newsletter on the Substack platform discovered her phone number and physical address was being published on invoices to her readers without her realizing it. A text from a Read more
Merchants who use Square to process payments online and in-person were out of luck on Thursday after an outage hit the service. Square communicated with sellers on Twitter, tweeting about 4 hours into the outage, “We are currently experiencing issues Read more
Users who prefer using their PayPal balance as a partial funding source for certain payments through a special PayPal debit card that earned them cashback learned of some disappointing news this week. They will no longer be able to use Read more
PayPal is changing how it charges sellers for transactions paid using QR codes. PayPal has been sending out the following notice of a change to its user agreement and numerous other legal agreements this week: Hello (Name redacted),We’re making some Read more
Nine years ago, former eBay CEO John Donahoe named Dan Schulman head of PayPal prior to the companies’ split in 2015, and in his current role as Chairman of the PayPal Board, Donahoe had a say in naming Schulman’s replacement Read more
PayPal has been experiencing a technical issue that prevents customers from completing transactions on numerous third-party websites that use PayPal to power their checkout buttons. Operators of websites and plug-ins say the problem began as early as June 20. On Read more
It can be inconvenient if you want to send money from your PayPal account to someone who uses a different digital payment app. Visa is looking to become a sort of middleman and solve for the compatibility problem with “interoperability”. Read more
PayPal sent emails to users this week informing them of “capability and feature updates,” but the emails were customized depending on which services the recipients used. PayPal wrote, “We want to make you aware of recent changes that are relevant Read more
