From PayPal to Best Wallet: The New Era of Peer-to-Peer Payments
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....
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Paypal keeps adding additional payment methods to its repertoire over the past twelve months. Little under a year ago, the company mentioned how Bitcoin payments will be integrated through PayPal subsidiary BrainTree, although not much has happened ever since. Earlier today, an announcement was made regarding the integration of peer-to-peer payment platform Venmo. Peer-to-peer payment solutions have a certain appeal, regardless of what age the user is. There is no better feeling than being able to send money directly to other peers while using a convenient way to do so. Venmo checks all....
Google is one of the many players looking to venture into the world of peer-to-peer payments shortly, and their Wallet payment solution is evolving over time as well. However, it was rather shocking to hear Google is dropped support for the physical debit cards linked to Google Wallet, as the company is shifting its focus to the mobile ecosystem. Online peer-to-peer payments are the new hot trend, which is part of the reason Bitcoin is gaining so much popularity. Google Wallet Debit Card Dropped. Similar to what other popular online payment processors are offering, Google Wallet users had....
Receiving money from a friend, client or anyone else on PayPal just got a little bit easier. Today, the company announced the launch of PayPal. Me, a personal, vanity PayPal link that makes it easy to remind people to send you money. The idea behind the peer-to-payment service is to erase the awkwardness of getting repaid by someone. Instead of having to ask them, a user could just send his or her friend a PayPal.me link and the friend would be able to pay using their own PayPal account. It minimizes the need for conversation about something that could, theoretically, make someone....
The peer-to-peer network processed 62% more value in dollars than PayPal, a report showed.
These new regulations will also have an impact on Bitcoin in China. Since cryptocurrency does not fall under these regulations, it may become the new peer-to-peer lending option. Peer-to-peer lending has always been a very popular trend in China. That is not entirely surprising, as the country is keen on innovation and embracing new trends. But there have been a fair amount of problems with P2P lending in China over the past few months. New rules have been announced, which will put a vice grip on this innovative business model. At its core, any peer-to-peer service should not shut down....