PayPal
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News
Stripe’s Reported Bid for PayPal Puts Its Africa Strategy Under the Spotlight
Stripe’s reported PayPal acquisition bid has reopened questions about the future of one of the world’s largest digital payments companies—and…
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News
M-Pesa Tanzania Adds PayPal as Demand for Global Payments Grows
A growing share of East Africa’s digital economy now depends on workers who are paid outside their home markets but…
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News
PayPal Brings Its Dollar-Backed Stablecoin to 70 Markets, Including Africa
PayPal has announced the rollout of its dollar-backed stablecoin, PayPal USD (PYUSD), to users across 70 markets worldwide, including markets…
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News
PayPal’s 46% Decline Opens the Door to Takeover Interest at a $40.9 Billion Valuation
UPDATE: PayPal is not in active talks to sell itself, including to Stripe, according to people familiar with the matter.…
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News
PayPal’s next act is about building financial infrastructure, not just moving money
For most of its life, PayPal has operated as a layer that sat on top of other people’s financial systems.…
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News
PayPal’s Middle East and Africa Investment: Can Digital Payments Outrun Regulation and Market Fragmentation?
Few regions carry as much digital promise as the Middle East and Africa. Young populations, rising smartphone penetration, and widespread…
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News
PayPal to Invest $100 Million in Middle East and Africa to Boost Digital Commerce
PayPal Holdings has announced a $100 million investment aimed at fueling innovation, supporting entrepreneurs, and driving inclusive economic growth across…
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News
PayPal M-PESA Integration Changes Set for August 2025 as Thunes Platform Shuts Down
A notable chapter in Kenya’s digital finance space is drawing to a close. PayPal and M-PESA will soon end support…
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News
PayPal Just Landed in the M-PESA App – Here’s What It Means for Freelancers and Online Shoppers in Kenya
Safaricom has officially rolled out the PayPal mini app in the M-PESA App, allowing millions of Kenyan users to send,…
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News
PayPal Establishes Regional Headquarters in Dubai: A Strategic Move for MEA’s Digital Payments
In a historic step towards strengthening its footprint in the Middle East and Africa (MEA) region, PayPal has announced the…
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BUSINESS
PayPal withdrawals via Equity Bank now instant
Equity Bank has reduced the duration it takes to settle PayPal withdrawals from 24-hour to an instant withdrawal capability. The…
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News
PayPal Withdrawals made quick and easy with Equity
Last year, Equity launched a ground-breaking solution to expedite PayPal withdrawals to help customers transfer funds easily from PayPal to…
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News
PayPal causes uproar after introducing new policy to curb Misinformation
For the better part of the weekend, PayPal caused online buzz after announcing that it would fine users $2,500 for…
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Startups
Nigerian fintech startup Grey expands to Kenya to enable freelancers send and receive money from abroad
Over the last few years, there have been conversations around PayPal being unfriendly to its users, mainly freelancers in Africa.…
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BUSINESS
PayPal will no longer register new users from Russia
Online payments company PayPal on Wednesday announced that it has stopped accepting new users in Russia. The move comes amidst…
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BUSINESS
PayPal withdrawals via Equity Bank will now take 24 hours
Equity Bank has reduced the duration it takes to settle PayPal withdrawals from 3 Business days to just 24 hours.…
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Blockchain
PayPal-owned Venmo Payments App Adds Cryptocurrency Buying and Selling
Venmo, a payments app owned by PayPal, now allows users to buy and sell cryptocurrencies. In a recent announcement, Venmo…
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Blockchain
Paypal Allows Users to Buy and Pay for Goods and Services Using Cryptocurrencies
American digital payments company PayPal Inc. has announced a new cryptocurrencies checkout service to enable users to buy goods and…
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BUSINESS
Flutterwave Partners with PayPal to Enable African Merchants Receive Payments from Abroad
African fintech company Flutterwave is partnering with US payments giant PayPal. The collaboration is a big sigh of relief to…
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News
[24Bit Podcast] Does PayPal Care about its Kenyan Users?
In this latest episode of our 24Bit Podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss Paypal; Uses, benefits, problems,…
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Blockchain
PayPal is Pushing Further into Cryptocurrencies
For the last few years, American online payments firm, PayPal, has been among behemoth digital payment companies with a growing…
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Blockchain
PayPal Starts Letting Users Buy and Sell Cryptocurrencies
Last month, PayPal announced that it would start letting users buy, hold, and sell select cryptocurrencies on the platform. The…
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Blockchain
PayPal to allow Users to Buy, Hold, and Sell Cryptocurrencies on the Platform
PayPal is finally joining the crypto market. On Wednesday, the company announced a new service that will allow users to…
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BUSINESS
PayPal Deposits and Withdrawals Services via M-PESA to be Briefly Unavailable on Monday
Safaricom’s M-PESA and PayPal ‘s team are planning service maintenance on the 5th of October, next Monday. The service maintenance…
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CYBER SECURITY
PayPal Accounts Used By Hackers For Unauthorized Payments
PayPal has fixed a bug that could let attackers perform unauthorized mass payments. The bug, according to ZDNet, lied in…
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Blockchain
PayPal Pulls out of Facebook’s Libra Association
In addition to troubles Facebook has been going through over sceptical regulators around the world, PayPal Holdings Inc. has pulled…
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News
Facebook cryptocurrency backed by Visa, MasterCard, Uber, and PayPal
Facebook has been working on its cryptocurrency for some time now. Unlike the regular cryptocurrencies, the company’s crypto coin will…
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BUSINESS
PayPal is Blocking M-Pesa Linked Accounts Over Fraud
In April this year, Safaricom announced a new partnership with the online payment service and TransferTo to allow M-Pesa customers…
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BUSINESS
It’s now possible to make your PayPal withdrawals via M-Pesa.
If you use PayPal to receive payments in Kenya then this is the best news for you today. Safaricom has…
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