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Thread: PayPal News

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    Document Icon PayPal News

    PayPal News Will be in this topic ✔

    PayPal allows any business or individual with an email address to securely, conveniently and cost-effectively send and receive payments online. Our network builds on the existing financial infrastructure of bank accounts and credit cards to create a global, real-time payment solution. We deliver a product ideally suited for small businesses, online merchants, individuals and others currently underserved by traditional payment mechanisms.

    The size of our network and widening acceptance of our product have helped us become one of the leading payment networks for online auction websites. PayPal is also being increasingly used on other ecommerce sites for the sale of goods such as electronics and household items, the sale of services such as web design and travel, and the sale of digital content. Offline businesses, including lawyers, contractors and doctors, have increasingly begun to receive payments online through PayPal. PayPal's service, which lets users send payments for free, can be used from computers or web-enabled mobile phones.


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    PayPal has joined forces with patagonia, LEVIS , and more than 350 other companies as part of the Time to Vote initiative, making time for workers to vote in the 2020 election.



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    In the DecisiveDecade, PayPal is focusing on democratizing financial services, making sure everyone has the opportunity to thrive in the global economy.

    https://www.bsr.org/en/decisive-decade

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    Increased Purchase Limits for Crypto on PayPal

    Since launching our cryptocurrency capabilities in the U.S. in October 2020, we have been actively engaging with our customers to better understand their needs to help ensure we are providing a trusted and secure platform to buy, hold, sell and checkout with cryptocurrency.

    As part of our efforts to meet the ever-changing needs of our customers, we are pleased to announce that we have recently raised the purchase limits of cryptocurrency for eligible PayPal customers in the U.S. to $100,000 per week with no annual purchase limit. These changes will enable our customers to have more choice and flexibility in purchasing cryptocurrency on our platform.

    To help our customers learn more about crypto, we continue to update our in-app guides and educational materials on cryptocurrency, provide answers to commonly asked questions, offer insights into the world of crypto, and help demystify some misconceptions customers may have about crypto.

    We look forward to working with our customers as they explore crypto with PayPal and hearing about the enhancements they would like to see in our services.



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