At PayPal (Nasdaq:PYPL), we put people at the centre of everything we do. Founded in 1998, we continue to be at the forefront of the digital payments revolution. In 2015, 28% of the 4.9 billion payments we processed were made on a mobile device. PayPal gives people better ways to connect to their money and to each other, helping them safely access and move their money and offering a choice of how they would like to pay or be paid. With our 179 million active customer accounts, we have created an open and secure payments ecosystem that people and businesses choose to securely transact with each other online, in stores and on mobile devices. PayPal is a truly global payments platform that is available to people in more than 200 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies.


News on PayPal

The Fintech Five – Powered by PayPal
  The Fintech Five powered by PayPal profiles five of the hottest and most promising financial technology companies across Canada each month. The list is curated by Techvibes editorial staff... more
FinTech Day in Vancouver Offers Workshop, Networking
On June 13, join Vancouver's financial technology community for a combination workshop and networking event. Hosted by PayPal, this is the first FinTech Day offered as part of the newly... more
PayPal Looks to Drive Ecommerce in Canada with Free Return Shipping Service
PayPal this week announced the launch of a new "Return Shipping on Us" service in Canada. By directly addressing a concern of online shoppers, PayPal says this service aims to boost consumer... more
The Fintech Five – Powered by PayPal
  The Fintech Five powered by PayPal profiles five of the hottest and most promising financial technology companies across Canada each month. The list is curated by Techvibes editorial staff... more
PayPal Celebrates 10 Years in Canada, More Than Six Million Users in Country
The name PayPal is synonymous with all things internet. It is such a force on the web that their name is practically a regular go to for the English language and their service is used just as... more
PayPal Redesigns Mobile App with New Focus on Paying Friends
PayPal has updated its mobile app. The new app makes it easier for users to request payments and to pay friends, family, and coworkers. The free app, available on iOS and Android, reflects a... more
PayPal CTO, Yelp CFO Resign
These are tumultuous times for North America's tech titans. Amid the chaos at LinkedIn and persistent mediocrity at Yahoo, PayPal and Yelp are experience their own turbulence. James Barrese,... more
PayPal Wants Us to 'Reimagine Money' with New Global Campaign
PayPal today revealed its first major brand campaign as an independent company with a 45-second commercial that will air during the first quarter of Super Bowl 50, marking the first time the... more
Canadians Slowly but Surely Ditching Cash as Payment Method; PayPal, Starbucks Reign in Digital
In 2015 just 25% of all Canadian transactions were in cash, down 2% from the year before. Debit cards and mobile payments picked up the marginal growth, gaining 1% each, according to new... more
Toronto Team Takes Second Place at PayPal’s International Hackathon
For a team of four Torontonians, the results of the 2015 BattleHack World Finals must have seemed like deja vu. It was the second year in a row that Alex Christodoulou, Christopher Larsen, Ernst... more
'Commuter Commerce' Becoming Trend in Canada
"Commuter Commerce," a shopping behaviour where people shop from their mobile phones while on public transport, is fast becoming a new retail trend in Canada. A new benchmark study from PayPal... more
BCTIA, PayPal Launch Financial Technology Cluster in Vancouver
The BC Technology Industry Association has announced a strategic collaboration with PayPal Canada to launch a financial technology cluster in British Columbia. The partnership seeks to establish... more
PayPal Brings Mobile Airtime Top-Up to Canada
PayPal today announced that they have teamed up with TransferTo to offer mobile airtime top-up in Canada. Without any transfer fees, Canadians can now use their PayPal account to top up prepaid... more
PayPal Makes Lives of Torontonians a Little Easier with New App Integrations
Skipping lines, getting food and parking faster, and having an easier commute seems like a dream to any Torontonian who has been trapped on a pedestrian-congested sidewalk with 15 precious work... more
Beck Taxi Launches Uber-like Payment Features with new Mobile App
Canada's largest, family-owned and award winning taxi brokerage Beck Taxi, announced today the launch of their new custom end-to-end digital dispatch system. The new Beck system includes a mobile... more
'New Era': Mobile Commerce Growth Poised to Eclipse Online Commerce in Canada
Mobile commerce is growing at more than double the rate of overall e-commerce in Canada, giving Canadian retailers more reason than ever before to consider mobile as a strong sales channel. From... more
Mobile Commerce Growth Poised to Eclipse Online Commerce in Canada
New research from PayPal and Ipsos shows that mobile commerce is growing at more than double the rate of overall e-commerce in Canada. From 2013-2016, the compound annual growth rate for mobile... more
Mobile Commerce Has Arrived: Black Friday, Cyber Monday Show Huge Leap in Money Spent
Forget the Eaton Centre or Metropolis—mobile is the new retail mecca. If Paypal’s Black Friday and Cyber Monday results, hot off the data engines, are anything to go by, mobile... more
Small Businesses Open to Digital Payments, Not Ready to Accept Cryptocurrency
PayPal recently announced that it would accept bitcoin, making digital-currency transactions accessible to merchants that sell digital products, such as downloadable music. Mobile payments platform... more
Canadians Keen to Embrace Future-Forward Digital and Mobile Payment Options
Canadians are keen to embrace future-forward payment options like wearable devices and smartwatches. This is according to a national study released today by PayPal Canada, which provides... more
EBay Spinning Off PayPal as Mobile Payments Space Heats Up
Heeding demands by activist shareholder Carl Icahn, eBay is spinning off its PayPal division. Next year eBay and PayPal will officially become independent companies. It is estimated that PayPal... more
Five Cool Tech Career Opportunities in Canada Right Now
    Are you looking for work in Canada’s growing tech sector? We’ve selected a few from our job board to get you started in your search. PayPal is hiring a PPC and SEO... more
Torontonians Treated to Free Coffee with the PayPal Mobile App
When it comes to paying with a mobile device, Canadians seems very comfortable buying their daily coffee. Whether it be at Starbucks or Tim Hortons, Canadians are downloading apps that facilitate... more
PayPal Study Reveals Canadians Ready to Embrace Mobile
As part of its recent global rebrand, PayPal today announced findings from a 15-country survey aimed to understand both universal human attitudes and country-specific variances in perspectives... more
TouchBistro Lets Diners Pay at Table with PayPal Mobile App
Toronto's TouchBistro today announced that it has integrated the Pay at Table service in the PayPal app with its TouchBistro mobile point of sale (POS) solution used by the food and drink industry... more
PayPal Wants to Ditch Password Authentication, Enable Mobile Payments via Apple's Touch ID
Apple is broadening the use cases for Touch ID and PayPal is all over it.  The company wants to use the iPhone's Touch ID technology to enable users to authentic mobile payments with the press... more
You Can Now Pay for Stuff with PayPal's Mobile App at Cafés and Restaurants in Toronto
In a first for Canada, Torontonians can now leave their wallet at home and pay with the PayPal mobile app at some of the city's cafés, restaurants, and food trucks. With a swipe, people can... more
Crowdfunding Policies: Risk or Reward?
Crowdfunding has gone from obscurity to a globally trending topic in just a few short years. It has provided hundreds of millions of dollars of funding for many entrepreneurial, creative and... more
Four Amber Mac Interviews You Won't Want to Miss at Dx3
Amber Mac is returning to Dx3 this year. She will be interviewing senior executives from some of Canada’s top digital businesses about the obstacles and opportunities that are shaping our... more
PayPal Global Hackathon with $100,000 Prize to Hit Toronto in May
PayPal's Battle Hack series has a grand prize of $100,000 this year. The global hackathon competition is hitting up 11 cities around the world including one Canadian city, Toronto, which is a... more
Shopify Takes First Shot but PayPal Looks to Counter
When I was 15 or 16 I needed my mom to create a PayPal account using her credit card, so I could bid on something on eBay. Like many parents her age at the time, my mom held an unwavering fear of... more
PayPal Says First Mobile Credit Card Transaction Happened a While Ago
Last week Rogers and CIBC launched Suretap, a digital mobile payments service. Rogers claims it is the first such payment solution in Canada. This is true - it's the first to utilize near field... more
Start with a Cofounder. The Idea is Optional
If you ask any venture capitalist or angel investor what they look for in companies they invest in, odds are that the top answer will be “the team." There’s no doubt that they also... more
71% of Canadians Ready to Go Cashless, Up 27% in Just One Year
The idea of living in a cashless society is gaining considerable momentum in Canada. A new survey conducted on behalf of PayPal Canada by Leger Marketing shows that 71% of Canadians are... more
One-Third of Canadians Lose or Have Their Smartphone Stolen [Study]
Have you lost your smartphone before? Has it been stolen before? You're far from alone. According to new research from Ispos Reid on behalf of PayPal Canada, nearly one-third of Canadian... more
PayPal's new Facebook App for Sending Money to Friends was built by Canadian startup
Social media blog Mashable got the "exclusive" story on PayPal's new Facebook App for Sending Money to Friends this morning but Techvibes has an angle that Canadian tech fans may find interesting.... more
Techvibes TV: PayPal Canada's Darrell MacMullin
Five years ago Darrell MacMullin left his Director of Marketing role at eBay to become the Managing Director of PayPal Canada. A lot has changed in five years. Four million Canadians now have... more
PayPal transfers $7.5 Million to Vancouver company in patent dispute
Yesterday LML Patent Corp. Inc., a fully owned U.S. subsidiary of Vancouver-based LML Payment Systems Inc., announced they will receive $7.5 million after settling patent disputes with PayPal. The... more
FundRazr rides PayPal app on to iPhones worldwide
While PayPal has offered a free iPhone app since the App Store launched in mid-2008, it wasn't until they added the ability to 'Bump to Send Money' that it really took off. The revamped PayPal... more
Techvibes CONNECTs with PayPal's Darrell MacMullin
On October 12th BCIC is hosting the CONNECT Conference at the Vancouver Convention Centre and the lineup of speakers is strong. Over the next couple weeks Techvibes will be highlighting a handful... more
PayPal makes it easier for charities to raise funds via iPhone and Facebook
One industry that desperately needs to take advantage of social media and new technology is the charity and non-profit sector.  So it comes as a welcome announcement that PayPal has taken... more
Exclusive Interview: Vancouver's FundRazr raises the bar with monumental PayPal and Facebook collaboration
As the world makes a dramatic shift from cash and cheques to punching in 16-digit Visa numbers online, one internet company has benefitted immensely from this trend. PayPal, the world's premier... more
Canadian iPhone Apps of the Week - Zoompass versus PayPal
At Techvibes we receive press releases from developers, companies and associations announcing that they have launched a new iPhone App on a daily basis. While some apps are completely commercial in... more
PayPal’s new iPhone App lets Canadians send money for free
Earlier this week PayPal Canada GM Darrell MacMullin blogged about their new iPhone App that lets Canadians send money for free. With the PayPal Send Money application for iPhone, Canadians can... more
Help FundRazr win $50K from PayPal
Vancouver startup FundRazr needs your help. They've entered a PayPal Developer’s Contest and the first prize is $50K cash and $50K credit from PayPal. FundRazr CEO Daryl Hatton figures it... more

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