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The original online payment platform, PayPal, has decided to leave the populous island of Puerto Rico next month. The US territory has imposed a 2 percent take on any money transmission, forcing Paypal’s hand.
EBay.com president Devin Wenig has stated he is “very open” to Bitcoin and that eBay “will probably experiment” with the digital currency in the future.
We can say with little argument that PayPal is the largest single payment platform in history.
Apple has applied for a patent that would enable the transfer of money between iPhones, PayPal spends a boatload on Xoom, and more top stories from this week in FinTech.
PayPal has officially announced that the company agreed to acquire a San Francisco-based online money transfer technology and services company Xoom to the tune of US$890 million.
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The excitement around PayPal’s first foray into Bitcoin via Braintree is barely over, but now the company has announced its merchants will be able to opt to accept Bitcoin as payment – from today.
Weekend Roundup from CoinTelegraph
On Tuesday, Andy Shroder posted on Reddit that eBay Inc. had removed his merchant listing because he accepted bitcoin for his products.
As Greece approaches the referendum on Sunday July 5, there is complete uncertainty as to whether “yes” or “no’ will be voted for and what the ramifications of such a vote will mean.
Coinizy launches the world’s first Bitcoin to PayPal exchange option. This new option promises to simplify Bitcoin to fiat exchanges and withdrawals.
PayPal has published a new set of terms and conditions, reserving the right to “robocall” and text you for marketing purposes.
The number of Bitcoin transactions surged to a new record high Tuesday, dwarfing previous peak activity including that seen during the Mt. Gox implosion in December 2013.
We got a chance to ask Ronny CEO CCEDK about the recent launch of Nubits, his forward-thinking approach to altcoins and 2.0 cryptocurrencies, and the state of Bitcoin in one of the most prosperous and progressive countries in the world, Denmark.
The National Bank of Ukraine held a meeting last week to discuss ways of "[improving] the performance of international payment systems in Ukraine" and easing up regulatory constraints for new market entrants.
EBay is freeing payment subsidiary PayPal, spinning it off into its own company by 2015. We're all wondering: could this separation affect Bitcoin?
BitHalo announces the release of version 2.1 of its decentralized escrow client, adding a new feature that aims to compete directly with companies such as Paypal and Western Union, said the organization in an announcement.
United State Patent and Trademark Office published eBay patent applications “Distributed Crypto Currency Reputation System” and “Distributed Crypto Currency Unauthorized Transfer Monitoring System”.
The Wall Street Journal is reporting that Paypal executives are in talks to bring Bitcoin payments to its Braintree division, with eventual aims to bring the digital currency to EBay and Paypal as well.
The state of California has approved a bill to regulate digital currency businesses, Kim Dotcom’s wins court decision against US authorities, BlockTrail Acquires SendChat, and more news
PayPal co-founder and venture capitalist Peter Thiel believes Bitcoin has succeeded as a currency, but still lacks as a payment system.
BTCTurk, a Turkish Bitcoin exchange which launched in July 2013, has terminated its operations in Turkey after local banks closed the main accounts of the company without prior notice.
The Bundy Ranch, a group of US ranchers locked in a conflict with the federal government, lost its ability to use PayPal to process donations. Will they start using Bitcoin instead?
Online payment platform NetCents has announced the launch of its newly updated Enterprise Solutions Payment Gateway.
American users of PayPal will be able to sell Bitcoin and receive the funds directly into their PayPal account.
PayPal applied for a US patent for a payment device able to process cryptocurrencies including Bitcoin, Litecoin, and Dogecoin.
With Turkey residents losing a convenient option for sending and receiving payments online, the country’s online payment sector is gradually yielding to a free control market with the uptake in Bitcoin use.
A brief guide on how to avoid capital controls and move money out of China.
According to BitPay annual report, business-to-business payments have made up over 10% of the transactions the firm processed over the past 12 months.
PayBis provides an exchange platform for different types of e-currencies and allows users to purchase Bitcoins using Paypal. So, what do our experts say about it?
Business Insider ranks 25 FinTech companies worth over US$1 billion; Bitnet and PAY.ON join forces and more top stories from this week in FinTech.
Digital payments processor Stripe has announced “collaboration” with Visa following a US$5 billion dollar valuation.
Council on Foreign Relations describes Bitcoin as ‘the craziest thing since the 1630s’; PayPal fined US$7.7 million for allowing transactions to countries covered by the United States' sanctions policy and more top stories for March 27.
An American survey conducted by the Boston Retail Partners, suggests that 8% of North American retailers are planning on accepting Bitcoin within 12 months, and 5% within 1 to 3 years.
Swedish payment processor Klarna has announced the test phase of its Bitcoin implementation following a review of its stance on the digital currency.
Braintree, a payment processing company owned by Paypal, which is in turn owned by Ebay, has announced a partnership with Coinbase to allow its clients to accept bitcoin.
Braintree has launched its private beta program. Thousands of U.S. merchants can now accept bitcoin.
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