PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its third quarter results for the period ended September 30, 2020. The earnings release and related materials discussing these results can be...
The migration toward digital payments and digital representations of value continues to accelerate, driven by the COVID-19 pandemic and the increased interest in digital currencies from central...
- 76% of consumers bought products online during this period
- A third of people planning to buy more online going forward
- Top benefits of online shopping cited as home delivery availability and no queues, while 21% said payment security was a main advantage
- 59% of Irish people bought from international sellers during lockdown
PayPal today announces the launch of its first Business Debit Mastercard in Ireland, offering business customers instant access to their available PayPal funds or PayPal balance for online and in-store business purchases. As part of the new service, PayPal is also offering unlimited cashback for Irish business account holders.
With PayPal’s support, PayPal Giving Fund Ireland is launching today to enable people to support their favourite charities online and help such organisations raise vital funds. In 2019 alone, PayPal processed a record $10.3 billion in charity donations across the globe, demonstrating the scale and appeal of online donations for both charities and consumers.
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