PayPal Wades Further Into ‘Buy Now Pay Later’ Market
/
June 16, 2022
//Comments are Off
PayPal is wading into the crowded and overvalued buy now, pay later sector, offering installment loans for large purchases. PayPal users will... Read More
PayPal Begins Staff Cuts, Laying Off Dozens
/
May 27, 2022
//Comments are Off
As spending slows on PayPal’s platform, the company has started cost cutting, starting with staff wages. The company has laid off dozens... Read More
PayPal Braces Investors For Slow Year
/
April 28, 2022
//Comments are Off
PayPal has reduced guidance for its full-year performance, as it comes out of its slowest first quarter in five years. Spending through... Read More
PayPal, Mastercard, Visa, Suspend Russian Operations
/
March 7, 2022
//Comments are Off
The two largest credit networks in the world, Mastercard and Visa, along with PayPal, have suspended all Russian operations. All three companies... Read More
Peter Thiel Leaves Meta Board After 17 Years
/
February 8, 2022
//Comments are Off
PayPal co-founder Peter Thiel will step down from the board of Facebook’s parent company Meta, ending a 17-year mentorship of Mark Zuckerberg.... Read More
PayPal Forced To Shut 4.5 Million Accounts, Shares Dive 25%
/
February 3, 2022
//Comments are Off
PayPal’s incentives and rewards programs was intended to drive its plan to achieve 750 million active accounts by 2025, but it has... Read More
PayPal Stumbles, Stock Plunges As Market Goes Soft
/
February 2, 2022
//Comments are Off
PayPal, a onetime favourite of retailers in Australia, is facing problems with their stock plunging 18% as growth slowed across the last... Read More
Afterpay, Zip Targeted By US Regulator
/
December 17, 2021
//Comments are Off
The Consumer Financial Protection Bureau has targeted a number of buy now, pay later companies, with shares plummeting as the news spreads.... Read More
PayPal Shares Slump As Earnings Miss Estimations
/
July 29, 2021
//Comments are Off
PayPal shares dropped 8.5 per cent today, after June quarter revenue fell well short of Wall Street analysts’ estimates, and the current... Read More
Zip And Afterpay Stocks Plummet After PayPal, Apple Wage War
/
July 15, 2021
//Comments are Off
Australian payment companies had a disastrous day on the ASX yesterday, as both PayPal and Apple announced competing offerings. Zip fell 11.4... Read More
