August 12, 2017
Peer-to-peer payments in the US had an eventful month in June. PayPal, one of the leaders in digital payments, announced that it would begin offering instantaneous bank transfers via Visa and Mastercard debit cards. In addition, Early Warning Services unveiled its new Zelle peer-to-peer payments service, which will be supported by over 30 banks over the course of the next year. Together, these two announcements […]
April 26, 2016
In line with increasing use of smartphones and growing demand for innovative, fast and easy-to-use financial services, traditional banks are facing increasing competition from alternative financial services providers. Due to strong pressure from such players as Paypal, Apple and others, adoption of e-banking solutions will be a prerequisite for banks in order to maintain their […]
August 21, 2014
When PayPal launched in 1999, online card payments were still a challenge for many merchants. PayPal’s great breakthrough was determining how individuals and businesses could more easily accept money over the web. PayPal’s founders figured out early on that it could make a decent profit in this low-margin business of processing transactions if it could […]
November 23, 2011
Not only can old and new friends alike connect and send well wishes on the social media website, Facebook, but now they also can send one another funds through the popular money-transfer service, PayPal.
August 16, 2011
PayPal Inc. revolutionized how consumers pay for goods online. Now it is in a battle with several other companies to determine what brand or product will dominate the now burgeoning mobile payment space. The eBay Inc.-owned company has made seven acquisitions in 2011 and its own product announcement to show it is serious about mobile […]
April 14, 2011
Credit card network giants, Visa and American Express, recently made back-to-back announcements of new person-to-person services that they are introducing as a way to enable individuals the chance to pay one another directly without the use of cash or checks.
November 19, 2012
PayPal is moving from online to offline payments through acquisitions and its own innovations including PayPal here, a credit and debit card reader that plugs into a smartphone. At the beginning of the year, PayPal started testing its point of service software at some Home Depot locations. This service only requires a user to enter […]
Euromonitor Research

About Our Research

Request a complimentary demonstration of our award-winning market research today.