The president and director in charge of PayPal, Dan Schulman, announced that the payment platform will lay off some 2,000 workers, which represents 7 % of its workforce.
With this measure, PayPal joins the massive wave of layoffs that technology companies have been applying globally, as extreme…
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Dan Schulman
PayPal offers a cryptocurrency purchase and sale service
The use of cryptocurrencies as a financial exchange instrument is limited due to the volatility, cost and speed with which transactions are carried out. However, some technology platforms like PayPal are taking up the challenge and have…
PayPal will receive payments in cryptocurrencies
The CEO of PayPal, Dan Schulman, announced to his client portfolio the new payment method which is anchored to blockchain technology where users can pay with cryptos such as bitcoin, ethereum, bitcoin cash and litecoin.
"It is the first…
PayPal is ready to double its bet on crypto
By 2021, the renowned digital payments company, PayPal, is expected to exceed the expectations of many with the new proposal called Buy, Hold, and Sell Cryptocurrencies, which intends to double the bet maintained by the company towards…