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PayPal may be gearing up to take on Robinhood in a major way

PayPal may be gearing up to take on Robinhood in a major way

The GameStop hype got a new generation of people interested in trading, fueling the popularity of simple platforms like Robinhood that make it easy to buy and sell stocks. It's perhaps no surprise, then, that PayPal appears to be gearing up to launch its own Robinhood competitor, one that would join its relatively new crypto support.

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PayPal eliminates late fees for Buy Now, Pay Later customers

PayPal eliminates late fees for Buy Now, Pay Later customers

Many people in the United States and around the world have been put out of work by the coronavirus pandemic. While many companies have allowed people to work from home, some jobs that can't be done remotely have been forced to terminate or lay off workers. With people out of work, some banks and credit card companies have eliminated late fees.

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Venmo crypto support expands to cashback credit card rewards

Venmo crypto support expands to cashback credit card rewards

PayPal-owned Venmo has announced another cryptocurrency feature that is available to its credit cardholders: crypto cashback rewards. Credit card users already receive cashback rewards based on their usage; that, as you'd expect, comes in the form of actual cash. Going forward, however, users also have the option of getting those rewards in bitcoin or select other digital coins rather than dollars.

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Venmo app ditches global payments feed as part of big privacy redesign

Venmo app ditches global payments feed as part of big privacy redesign

PayPal-owned Venmo, the app used to quickly and easily send funds to friends and family, has rolled out a major redesign that, in part, improves the platform's privacy. The change follows criticism about certain aspects of the platform that reached a peak back in May when a report detailed the discovery of President Biden's Venmo account.

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Venmo is finally adding a private friend list feature following Biden report

Venmo is finally adding a private friend list feature following Biden report

Venmo, the PayPal-owned financial app that makes it easy to send money to your friends, is rolling out an important update that adds a major new privacy option. Going forward, Venmo users will have the option to hide their friend lists, making it harder for other people to identify their social circle. The change follows the discovery of President Biden's Venmo account and the people he was linked to through it.

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PayPal and Venmo are getting third-party crypto wallet support

PayPal and Venmo are getting third-party crypto wallet support

PayPal and Venmo, two popular financial apps, will soon allow users to send their cryptocurrency assets to a third-party wallet, eliminating the need to hold the digital coins on either platform. This is a more secure option for people who may have a considerable amount of cryptocurrencies, though others who prefer the convenience can leave the coins on their PayPal or Venmo accounts.

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PayPal cryptocurrency update includes Bitcoin, BCH, Litecoin, Ethereum

PayPal cryptocurrency update includes Bitcoin, BCH, Litecoin, Ethereum

The latest update to PayPal enables cryptocurrency - Bitcoin, Ethereum, Litecoin and the like - holding and trading. PayPal tested cryptocurrency features for a small set of users in the weeks between October and now - now it's time for all USA-based PayPal users to get a shot at using several digital currencies on the platform. As of yet, cryptocurrency features are available only inside the USA, while select international markets will launch in the first half of 2021.

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CVS Pharmacy taps PayPal and Venmo to offer touch-free payments

CVS Pharmacy taps PayPal and Venmo to offer touch-free payments

CVS Pharmacy has tapped PayPal and Venmo to offer touch-free payments in its stores, the companies have announced. There's an obvious reason for using contactless payments -- you don't need to expose yourself to someone else's germs in order to pay for your goods, something particularly important during the coronavirus pandemic. The new checkout 'experience' is coming to more than 8,000 stores across the US.

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Nintendo ID login to Account temporarily halted: What you can do

Nintendo ID login to Account temporarily halted: What you can do

Nintendo recently had a bit of a security kerfuffle you should be aware of, if you weren't already made aware last week. The company's announcement suggested that all Nintendo ID users reset their passwords and double-check their accounts- especially with regard to Paypal. It's now become apparent that Nintendo's needed to take an extra step, and is temporarily stopping Nintendo Network ID sign-in to Nintendo Accounts.

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Venmo is releasing a credit card because of course it is

Venmo is releasing a credit card because of course it is

Venmo is one of the more popular mobile payment apps out there, and now it seems that it's going to take things one step further by getting into the credit card business. Today, PayPal - which is Venmo's parent company - and Synchrony announced that the new credit card will be arriving next year, with Synchrony acting as the issuing bank for the card.

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PayPal cancels accounts used by multiple antifa groups and the Proud Boys

PayPal cancels accounts used by multiple antifa groups and the Proud Boys

PayPal is cancelling the accounts of far-right group the Proud Boys, as well as some antifa groups, according to new reports. The decision eliminates the groups' abilities to raise funds and is considered a form of "de-platforming." This isn't the first time PayPal has removed accounts for certain groups or companies.

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PayPal teams with Walmart to launch in-store cash services

PayPal teams with Walmart to launch in-store cash services

PayPal has teamed up with Walmart to launch in-store financial services and products to their mutual customers. PayPal announced the collaboration this evening, stating that Walmart will soon offer the financial company's cash-in and cash-out money services, marking the first time PayPal users will have a way to get cash from their accounts within a physical store.

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