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Seplat Energy appoints Tony Elumelu as non-executive director

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Tag: PayPal

Tech

PayPal, OpenAI partner to embed digital wallet into ChatGPT

PayPal has struck a deal with OpenAI to embed its digital wallet into ChatGPT, allowing users to pay for items directly through the AI platform. Following the announcement, PayPal’s shares jumped as much as 13 per cent, according to CNBC. Beginning next year, ChatGPT will integrate with PayPal, allowing users to buy items through the […]

American company PayPal has introduced a new cryptocurrency stablecoin called PayPal USD.
Tech

PayPal to expand stakes in German ecommerce firm Shopware

PayPal plans to boost its ownership in German ecommerce company Shopware from around 11 per cent to approximately 41 per cent, Bloomberg reports citing familiar sources. Founded by Sebastian and Stefan Hamann, Shopware offers ecommerce solutions for merchants. The extra shares are being purchased from a Carlyle Group fund. PayPal and Carlyle previously invested $100 […]

PayPal integrates Venmo card to Apple Wallet
Tech

PayPal unveils new platform to boost cross-border payments

PayPal Holdings Inc. has launched a new platform, PayPal World, aimed at bridging domestic digital wallets with global commerce, as the payments giant moves to expand its international footprint. The new offering enables interoperability between local wallet providers and PayPal, allowing users to make cross-border payments and online purchases without creating a new PayPal account. […]

PayPal integrates Venmo card to Apple Wallet
Tech

PayPal unveils new credit card to boost in-store presence

PayPal Holdings Inc. is set to launch a new credit card as part of its strategy to strengthen its presence in physical retail locations. The card, issued by Synchrony Financial, will expand PayPal’s lineup of financial products, which already includes a long-standing debit card and a 3% cash-back credit card. The California-based company said the […]

Tech

PayPal launches AI-powered products

PayPal on Thursday, announced the launch of innovative products powered by artificial intelligence, including a streamlined one-click checkout feature. This marks the first significant initiative under the leadership of Alex Chriss as CEO, who joined the company in September. These new offerings highlight the ongoing trend of companies leveraging investor excitement around AI, a factor […]

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