PayPal dives into post-purchase sector with acquisition of Happy Returns

PayPal (NASDAQ: PYPL) will acquire e-commerce returns specialist Happy Returns. Terms were not disclosed.

The news was first reported by CNBC.

Frank Keller, senior vice president of consumer in-store and digital commerce at PayPal, told CNBC the acquisition fits with PayPal’s vision moving forward.

“The post-purchase experience is something we’ve been looking into since it’s such a pain point — people want to shop online and return in store, and vice versa,” he said. “For retailers, we’re...

https://www.freightwaves.com/news/paypal-dives-into-post-purchase-sector-with-acquisition-of-happy-returns

Venmo customers now can buy and sell cryptocurrencies in app

PayPal enables customers to buy crypto on Venmo

Weeks after it announced customers could begin to use cryptocurrencies for payment, PayPal (NASDAQ: PYPL) has added the ability to buy and sell four popular cryptocurrencies on its Venmo app.

Crypto on Venmo will also include cryptocurrency trends and access to in-app guides and videos to help answer commonly asked questions about cryptocurrencies. Customers using crypto on Venmo can choose from four types of cryptocurrency: Bitcoin (BTC-USD), Ethereum (ETH-USD), Bitcoin Cash (BCH-USD) and...

https://s29755.pcdn.co/news/venmo-customers-now-can-buy-and-sell-cryptocurrencies-in-app