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PayPal PYUSD To Bring Speed and Reduced Costs to Cross-Border Payments with Xoom [Yahoo! Finance]
Last paypal holdings, inc. earnings: 1/29 04:15 pm
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US:NASDAQ Investor Relations: investor.paypal-corp.com
SAN JOSE Nov. 19, 2024 /PRNewswire/ -- Today PayPal announced it will be enabling disbursement partners to use PayPal USD ( PYUSD ) to settle cross-border money transfers made with Xoom. Cebuana Lhuillier and Yellow Card will be the first Xoom disbursement partners to use PYUSD to settle cross-border money transfers, allowing them to leverage the cost and speed advantages of blockchain technology. These forthcoming integrations will help drive financial inclusion by providing more widespread access to digital financial solutions across Asia-Pacific and Africa . In addition, PayPal will be able to conduct cross-border settlement transactions without being restricted by traditional banking hours. "Cross-border transactions are an important driver for economic growth and prosperity in developing countries," said Jose Fernandez da Ponte , Senior Vice President of Blockchain, Cryptocurrency , and Digital Currencies, PayPal. "With this step, Xoom and its partners, like Cebuana Lhuillie
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- PayPal Holdings, Inc. (NASDAQ: PYPL) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $88.00 price target on the stock.[MarketBeat]
- $170+ Bn Payment Gateway Global Market Opportunities and Strategies to 2033 with Amazon Payments, PayPal, Stripe, Visa, and Fiserv Dominating [Yahoo! Finance][Yahoo! Finance]
- PayPal Holdings, Inc. (NASDAQ:PYPL) is largely controlled by institutional shareholders who own 73% of the company [Yahoo! Finance][Yahoo! Finance]
- Consumer Financial Protection Bureau finalizes rule to supervise apps like Google Wallet [Yahoo! Finance][Yahoo! Finance]
- Regulators will oversee cash apps including Apple, PayPal and Zelle [Yahoo! Finance][Yahoo! Finance]
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PYPL
SEC Filings
SEC Filings
- 10/29/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/15/24 - Form 4
- PYPL's page on the SEC website
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