Cards & Payments News Digests

US: PayPal releases new app, signalling ambitious intent in provisioning customers PayPal has launched a new app, bundling together so many solutions into one place that the term 'financial superapp' seems an appropriate description: besides helping users with everyday financial matters such as payments (in-app, at the POS or via P2P transfer), settlement of bills (issued by any one of 17,000 companies) and savings (thanks to a tie-up with Synchrony Bank) the app also facilitates cryptocurrency transactions, and, in the company's own words, the ability to earn rewards "redeemable for cash back or PayPal shopping... Read more >