PayPal has confirmed a workforce reduction of 9%, affecting an estimated 2,500 employees. This decision follows a previous reduction of over 2,000 staff a year earlier as a cost-control measure. Amidst increasing competition in...
PayPal has recently announced the postponement of the launch of a USD-based cryptocurrency trading service in the American and British markets, earlier confirmed as a stablecoin named “PayPal USD” (PYUSD). Transactions for this service...
The US online payment giant PayPal has previously launched a cryptocurrency purchase service. Users who want to purchase cryptocurrency can complete it directly through PayPal without the need for an exchange. At the same...
PayPal announced that it will shut down payment services in India this fiscal year and related merchant contracts will be terminated on April 1. A PayPal spokesperson said that when the epidemic broke out...
PayPal recently announced that the company will allow PayPal users in the U.S. and international markets to use PayPal payment channels to directly purchase mainstream cryptocurrencies. Supported cryptocurrencies include Bitcoin, Ethereum, Litecoin, and Bitcoin...
Recently, statistics compiled by email security vendor Vade Secure indicate that PayPal has replaced Microsoft as the most abused brand by phishers. In the report, Vade Secure shows that “After five quarters, PayPal has...
PayPal, a payment giant dedicated to global transactions and transfers, originally served as a full member of Libra virtual currency project and participated in the construction of Libra. However, after the official announcement of...
Recently, researchers have discovered a fake PayPal payment website that can implant ransomware called Nemty to victim devices. The ransomware encrypts the file on the device and asks the victim for 0.09981 bitcoin which...
