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PayPal to launch cross-border platform with link to India’s UPI payments system

 Payments firm PayPal has partnered with the operator of India’s popular unified payments interface and others to launch a global platform through which consumers can make cross-border payments to businesses. The platform, PayPal World, will enable interoperability between local payment platforms and PayPal, the firm said in a statement on Wednesday. Its partners for the […]

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PayPal stock surges as pledge to turn “leaner” keeps crypto concerns at bay

PayPal Holdings added nearly $4 billion to its market value after a pledge to turn “leaner” fired up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to its stablecoin. The company’s shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed […]