PayPal becomes first member to exit Facebook's Libra Association
PayPal said it would forgo any further participation in the group and would instead focus on its own core businesses.
PayPal said it would forgo any further participation in the group and would instead focus on its own core businesses.
In a sign of widening scrutiny after Facebook Inc's proposed Libra digital coin aroused widespread objection, the bill proposes a fine of $1 million per day for violation of such rules.
Xero has announced a partnership with PayPal claiming that, by allowing a business’ customers to pay direct from the invoice, it will reduce payment delays.
By exploiting the power of social media, Circle wants make moving bitcoins and money across borders a pleasant and cost-saving affair in more countries.
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PayPal is fine-tuning its policies after a recently announced plan to make unsolicited prerecorded calls and texts to users drew questions and concerns from customers, regulators and consumer advocates.
The U.S. Federal Communications Commission has cautioned PayPal that provisions in its new user agreement for contacting customers with autodialed or prerecorded calls and text messages could violate federal laws.
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After a backlash from critics, PayPal seems to be reconsidering a plan to give itself unilateral permission to ping its users with robocalls and text messages.
As PayPal prepares for its upcoming IPO as an independent eBay spinoff, it wants to make at least one thing clear: It's got mobile covered.
The US financial consumer protection watchdog has ordered PayPal to cough up US$25 million in fines for deceptive practices around the company's credit service, which included signing up customers for the service without their consent.
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