The news has been making the rounds again as grievances have been seen expressed about the exploitative conversion fees being charged by PayPal. The e-payment giant has been receiving some attention from social media as well as its community page about the incorrect conversation fees it charges its clients, one of its users is of … Continue reading PayPal Exposed of Overcharging Clients: Can Bitcoin be the Remedy?
Exclusive interview with Dr. Ben Goertzel of SingularityNET: Part 2 (Link: Part 1) Dr. Ben Goertzel is the founder and CEO of SingularityNET, a decentralized blockchain-based AI marketplace project. He is one of the world’s foremost experts in Artificial General Intelligence (AGI) and has decades of experience leveraging AI to create solutions in natural language … Continue reading Dr. Ben Goertzel—Creating an AI Marketplace for Paypal’s 286 Million Users
Facebook’s Libra faced another blow as Vodafone announced to have quitted the association. British telecom conglomerate Vodafone is the eighth founding member to leave the Libra Association, which follows the exit of Stripe, Mastercard, Visa, eBay, Booking Holdings, Mercado Pago, and PayPal in 2019. Vodafone’s exit is a different story In June 2019, Facebook announced that it … Continue reading Vodafone Follows PayPal and Visa to Leave Facebook's Libra Association
Venture capitalist and PayPal co-founder Peter Thiel is backing New York-based BlockFi in a new funding round of $30 million. The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, … Continue reading PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines
PayPal, Square and Intuit have received the US Government’s approval to take part in the Small Business Administration’s (SBA) Paycheck Protection Program(PPP) which was established in response to the COVID-19 pandemic triggered global financial crisis. The approval was granted following an appeal to Congress by Financial Innovation Now (FIN), on March 19, for FinTech companies to help distribute the loans … Continue reading FinTech Giants PayPal, Intuit and Square Capital Approved to Digitally Distribute US Govt COVID-19 Small Business Stimulus
Payments giant PayPal looks set to roll out cryptocurrency sales services for its 305 million users. Rumors are buzzing in the crypto sphere that payments giant PayPal are set to offer direct cryptocurrency sales for their customer base, which could see them rise up to compete with Jack Dorsey’s fintech Unicorn—Square—in the digital assets space. … Continue reading PayPal Will Give Jack Dorsey’s Square a Run for its Cryptocurrency
In a letter to the European Commission in March 2020, payment giant PayPal has now confirmed that has it is actively working to bring cryptocurrencies capabilities on its platform. In the detailed letter, PayPal said that it has taken tangible and unilateral steps to further develop its capabilities in the cryptocurrency space. In June 2020, … Continue reading PayPal Confirms Its Plan to Develop Cryptocurrency Capabilities in its Letter to the European Commission
Shortly after Mastercard showed its hand on its stance on cryptocurrency, Visa published a blog announcing that the payments giant is advancing its approach towards digital currency. PayPal was recently rumored to have partnered with Paxos to provide crypto trading services. Visa described three values that will evolve its digital currency strategy, including the maintenance … Continue reading Visa Joins Mastercard and PayPal in Turning Bullish for Crypto and Digital Currencies
In an interview on CNBC’s Squawk Box program, Sandi Bragar, the managing director at Aspiriant investment management company, hinted that PayPal is working on rolling out cryptocurrencies on its platform. Bragar revealed that the Fintech giant company is currently working to make it possible for merchants (sellers and shops) to accept cryptocurrencies. PayPal On Mainstreaming … Continue reading US Wealth Manager Confirms on CNBC that PayPal Will Enable Merchant Cryptocurrency Payments
Square’s $50 million-dollar move on Bitcoin has pushed the fintech payment company’s stocks higher, enabling it to outperform PayPal shares. Square bullish on Bitcoin Square, a mobile payment company founded by Twitter CEO and Bitcoin pioneer Jack Dorsey, recently announced that it purchased 4,709 Bitcoins (BTC). The new addition translates to 1% of the firm’s total … Continue reading Square Stocks Soar After Bitcoin Purchase, Market Bulls Convinced PayPal Will Make a BTC Move of Its Own