The Austrian fintech Bitpanda has just partnered with the PayPal platform and now allows commission-free withdrawals and deposits in Spain. Operations have been active since February, Thursday 22.
According to Bitpanda's announcement, the strategy will be extended to other countries, such as Italy,…
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Paypal
Paypal laid off about 2,500 employees
PayPal, the global digital payments giant, would have laid off about 2,500 employees today, in order to reduce operating costs and maximize profit margins.
PayPal cuts payroll An employee of the company who attended a meeting confirmed…
PayPal to launch new AI-based features
The digital payment platform PayPal announced that 2024 will be its year of foray into artificial intelligence, with the launch of new functions that will optimize services.
According to the platform's announcement, customers, both…
PayPal introduced its own “Cryptocurrency Hub”
Electronic payment giant PayPal continues to demonstrate an unwavering commitment to Blockchain technology and cryptocurrencies, even after the recent launch of its own stablecoin earlier this month.
The brand new "Cryptocurrencies Hub"…
Paypal officially launched its own cryptocurrency
Payments company PayPal announced the launch of PayPal USD (PYUSD), a stablecoin denominated in US dollars and backed 100 % by US dollar deposits, short-term US Treasury bonds and similar cash equivalents.
According to the payment services…
PayPal will reduce its workforce by 7 %
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…
PayPal data was stolen
Security company ESET analyzed an incident in which information of almost 35,000 PayPal users was exposed on January 18th.
According to an official statement, between December 6th and 8th, 2022, unauthorized third parties accessed the…
PayPal will bring cryptocurrency service to Europe
The PayPal digital payment platform announced that it will extend the use of its cryptocurrency services to European territory, specifically within Luxembourg.
This movement is considered by experts as a key point for the entry of this…
New phishing attacks PayPal accounts
Cybercriminals are currently targeting the PayPal platform with a new, highly convincing phishing attack on users, who become victims by opening a dangerous email.
Through a message in their email accounts, warning that an amount has been…
PayPal enters the TRUST network
The digital payment platform PayPal announced its incorporation into the Travel Rule Universal Solution Technology (TRUST) platform, which allows it to be part of a network of important names in the world of cryptocurrencies.
This measure…
Scam with Paypal allowed to capture bank details
Avanan, a company owned by Check Point Software Technologies, uncovered a scam in which cybercriminals impersonate PayPal to obtain victims' phone number and bank details.
This security solutions provider announced that these fraudulent…
PayPal will allow users in the US to transfer cryptocurrencies.
The PayPal company announced that US and selected users can use the platform's function to transfer and make payments to external wallets with cryptocurrencies.
Representatives of the platform highlighted that after almost two years of…