PayPal's crypto 'super app' set to roll out soon
Dan Schulman said the project was already "code complete" and planned to be fully ramped in the United States in the next several months. Payment provider company PayPal said its users may not have much longer to wait to have greater crypto functionality through the platform. During PayPal’s Q2 2021 investor update call today, CEO Dan Schulman said the initial version of the company’s super app wallet was “code complete.” The PayPal president said the company planned for the wallet to be fully ramped in the United States in the next several months.The super app wallet will feature high....
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Payments giant Paypal has outlined its plans to expand cryptocurrency services, including via a new wallet “super app,” open banking integration, U.K. expansion, and third-party wallet transfers. “We continue to be really pleased with the momentum we’re seeing on crypto and we’re obviously adding incremental functionality into that,” said Paypal’s CEO. Paypal Reveals Crypto Plans, Details of ‘Super App’ Paypal CEO Dan Schulman talked about his company’s crypto plans and the progress of the upcoming “super app” during....
PayPal has put the brakes on a bitcoin-based parody of its Super Bowl commercial that surfaced on YouTube not long after the original advert’s primetime bow. A reimagined version of PayPal’s Super Bowl advert that was published on YouTube has been pulled from the video-sharing platform at the behest of PayPal. PayPal’s commercial proclaims the company’s position as “New Money”, compared to old-fangled “Old Money” such as paper currencies and banking institutions that close before the sight of dusk. Shiloh Silverman, an individual who runs a video production house called Silver Park Studio....
A parody of a PayPal Super Bowl commercial that was posted on YouTube has been blocked by the payments company. The video advertisement, PayPal's first promotion during the popular American sporting event, positions the firm as “New Money” versus the more archaic “Old Money”. According to the Wall Street Journal, after bitcoin supporters became “riled” at the ad's claim, Shiloh Silverman, owner of video production firm Silver Park Studio, made a new version of the video. His spoof cut in images of people using bitcoin and replaced “PayPal” with “Bitcoin is newer money”. However, after....
Payments behemoth PayPal is expanding their crypto personnel. The company is reportedly hiring over 100 crypto-related employees as consumer crypto demand continues to grow. Over the past week, PayPal has been in continued conversations around growing it’s crypto services. A Lot Of Shoes To Fill While a majority of the job listings are in the U.S., there are a variety of positions across the globe – including five listings in Tel Aviv, seven in Guatemala City, and six between Dublin and Dundalk. Stateside, over twenty listings are in California, with another fourteen in New....
PayPal is reshaping the way money moves across apps, borders, and currencies with its new launch – PayPal Links. This is a new feature that lets users send or receive money through a one-time personalized link. For the first time, crypto is a part of the experience. Users can now transfer Bitcoin ($BTC), Ethereum ($ETH), PayPal USD ($PYUSD), and more, directly to PayPal, Venmo, and even some external wallets. The roll-out will begin in the US before expanding to international markets later this year. These upgrades are all a part of the PayPal World framework, which aims to connect....