PayPal | Latest News & Updates - Nov 21, 2024 Release

On November 19, 2024, PayPal announced that it will enable disbursement partners like Cebuana Lhuillier and Yellow Card to use PayPal USD (PYUSD) for cross-border money transfers with Xoom, enhancing speed and reducing costs through blockchain technology...


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PayPal

🌎 paypal.com

PayPal is an online payment platform that facilitates payments between individuals and businesses. It allows users to send, request, and manage money easily and securely. PayPal offers various services including personal and business accounts, debit and credit cards, and payment processing solutions. The company aims to empower users by providing fast and enjoyable money management options.


PayPal - Latest News and Updates

  • On November 19, 2024, PayPal announced that it will enable disbursement partners like Cebuana Lhuillier and Yellow Card to use PayPal USD (PYUSD) for cross-border money transfers with Xoom, enhancing speed and reducing costs through blockchain technology.
  • On November 19, 2024, PayPal will allow its disbursement partners to use PayPal USD for settling cross-border money transfers through its Xoom service.
  • PayPal announced that Ondo Finance will enable 24/7 conversions between Ondo OUSG and PayPal USD (PYUSD).
  • PayPal will be the Headline Sponsor for Meet Magento India on January 24-25, 2025.
  • PayPal is adapting its strategy as Venmo, its subsidiary, reports a 200% increase in international transactions.
  • Eveline Coman has joined PayPal as Director - Head of UK and EU Merchant Products Legal in the United Kingdom, previously serving as Legal Director - Regulatory, Payments and Expansion Initiatives at Remitly.
  • PayPal has partnered with Foundervine to empower underrepresented founders, announced by Ragavan Yogaretnam, Enterprise Sales Manager at PayPal, on November 21.
  • PayPal is currently hiring for multiple engineering positions in Bangalore and Chennai.
  • PayPal warns users about a phishing scam involving fake identity confirmation emails that threaten account suspension to steal login details.

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