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  • Dan Schulman

Tag: Dan Schulman

PayPal to Layoff 7 Percent of Its Workforce

January 31, 2023January 31, 2023 Ina Steiner
PayPal

PayPal will layoff 2,000 full time employees, which is about 7% of its total workforce, the company announced on Tuesday. It comes as other tech and ecommerce companies have laid off employees, including Amazon and […]

Leave a commentNews, PaymentsDan Schulman, Elliott Management, Layoffs, Payments, PayPal, PayPal layoffs

Amazon Will Accept Venmo in a Major Win for PayPal

November 9, 2021November 9, 2021 Ina Steiner
PayPal

When eBay decided to take over payment-processing from PayPal, the latter made the best of the rejection by claiming it would become free to expand its payment services on other platforms. On Monday, PayPal was […]

Marketplaces, News, PaymentsAmazon, Amazon Checkout, Dan Schulman, eBay, PayPal, Venmo

PayPal Boasts of Surge in New Users and New Merchants in Q3

November 3, 2020November 3, 2020 Ina Steiner
PayPal

PayPal CEO Dan Schulman called PayPal’s third quarter one of the strongest in its history, and he summed up what’s ahead for the payments company in a post on LinkedIn when he wrote: “Going forward, […]

2 CommentsNews, PaymentsDan Schulman, PayPal, PayPal financials

PayPal Can Give Small Business Loans through PPP

April 10, 2020April 14, 2020 Ina Steiner
PayPal

PayPal can now issue small-business loans through the government’s SBA PPP program. These are Small Business Administration loans that help businesses keep their workforce employed during the coronavirus (COVID-19) crisis. SBA PPP stands for Small […]

News, Paymentscoronavirus, Dan Schulman, PayPal, PPP, SBA

PayPal Offers Cash Advances to Workers Impacted by Government Shutdown

January 18, 2019January 19, 2019 Ina Steiner
PayPal Offers Cash Advances to Workers Impacted by Government Shutdown

PayPal committed to fund up to $25 million of interest-free cash advances to help federal government employees during the shutdown. PayPal is offering an interest-free cash advance up to $500 for federal employees through its […]

4 CommentsNews, PaymentsDan Schulman, Government shutdown, PayPal

PayPal CEO Warns of Changes Ahead, Embraces the Challenge

January 6, 2019January 6, 2019 Ina Steiner
PayPal

In a letter to employees, PayPal CEO Dan Schulman revealed his priorities for the payments firm formerly owned by eBay. Not surprisingly, mobile was at the top of the list, and Schulman also reminded employees […]

2 CommentsNews, PaymentsDan Schulman, PayPal, PayPal Working Capital

PayPal Implies eBay Managed Payments Is Flawed

October 21, 2018October 21, 2018 Ina Steiner
PayPal

PayPal implied eBay’s launch of managed payments is flawed because it doesn’t include PayPal as a payment option in its initial incarnation. It was no coincidence that two days before its quarterly earnings, PayPal released […]

5 CommentsMarketplaces, NewsDan Schulman, eBay managed payments, PayPal

PayPal Users Can Cash In and Cash Out at Walmart Stores

October 11, 2018 Ina Steiner
PayPal cash-in cash-out at Walmart

PayPal announced a collaboration with retail giant Walmart that gives “cash in, cash out” capabilities to PayPal customers. Beginning in November, people will be able to move money in and out of their PayPal accounts […]

1 CommentNews, PaymentsDan Schulman, Daniel Eckert, Payments, PayPal, Walmart

PayPal CEO Dan Schulman Joins Verizon Board

September 10, 2018 Ina Steiner
PayPal Offers Cash Advances to Workers Impacted by Government Shutdown

Verizon added PayPal CEO Dan Schulman to its Board of Directors effective September 6, 2018. It’s worth noting that Verizon operates Yahoo Small Business through its Oath subsidiary, though we wouldn’t read too much into […]

1 CommentNews, PaymentsDan Schulman, PayPal, PayPal executives, Verizon, Yahoo Small Business

Record-Breaking Donations Highlight the Power of PayPal

January 11, 2018 Ina Steiner
PayPal Offers Cash Advances to Workers Impacted by Government Shutdown

PayPal CEO Dan Schulman took to the corporate blog on Thursday to praise users for their charitable giving. People donated over $1 billion to charities and non-profits during the holiday season (Nov. 27 – Dec. […]

News, PaymentsDan Schulman, PayPal

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