Wednesday, 19 January 2022

Tag Archives: PayPal

Mastercard, Visa, eBay and others exit Libra Cryptocurrency Group

LONDON: A week after PayPal left Facebook’s Libra Association, Visa, Mastercard, eBay, Stripe and Mercado Pago too have all withdrawn from the project. The Libra Association is a project which Facebook plans to launch, what it envisions as a global currency. The project was launched in June with 28 members. ...

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Facebook secretly developing cryptocurrency for WhatsApp users

CALIFORNIA: Tech giant Facebook is secretly working on developing a cryptocurrency that will let users transfer money on WhatsApp. Initially it will be launched in India, people familiar with the matter say. Bloomberg reported that the company is developing a stablecoin – a type of digital currency pegged to the ...

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PayPal buys payments startup iZettle

SAN FRANSICO: PayPal announced a deal to buy Swedish online commerce startup iZettle for $2.2 billion, a deal that came as the young company was poised for a stock market debut. US-based PayPal, a unit of eBay, said that its biggest acquisition to date would strengthen its platform for handling ...

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