PayPal’s Jose Fernandez da Ponte, SVP of Blockchain, Crypto, and Digital Currencies, says blockchain will not replace traditional banking.

The Form 1099-K is meant to report income from payment apps (like Venmo or Paypal), as well as from online marketplaces or gift cards. Third-party payment services send this form to taxpayers who cross the reporting threshold and a copy goes to the IRS, as well.

PayPal is set to report its fourth-quarter earnings on Feb. 4. The market will pay close attention to the trends in payment transaction volumes and user engagement. Signs of more profitable growth could be a catalyst for the stock to rally higher in 2025.

PayPal is the most popular digital payments company, with over 400 million users and over 6 billion payments processed per quarter. But while the online payment behemoth is the clear leader in

PayPal’s Jose Fernandez da Ponte says major crypto regulations, including stablecoin legislation, will take time. Meanwhile, global stablecoin circulation has hit $190 billion, with most activity happening outside the U.

Paypal Holdings Inc. investors can’t proceed with a lawsuit alleging the payment platform company touted user account growth without disclosing a boost from bot farms, at least as the investors’ claims are currently pleaded,

Bernstein raised the firm’s price target on PayPal (PYPL) to $94 from $90 and keeps a Market Perform rating on the shares. The firm says PayPal

New York State has announced a $2,000,000 settlement with PayPal over charges it failed to comply with the state's cybersecurity regulations, leading to a 2022 data breach.

It's almost impossible to predict whether a stock can turn investors into millionaires one day. However, PayPal's durable growth and competitive strengths certainly resemble traits of a high-quality business. It's also very profitable, with an operating margin in the high teen percentages.

The IRS currently requires any third-party payment apps like Cash App and Venmo to send a 1099-K to the IRS and individuals if they earned more than $20,000 in commercial payments

The general mood among these heavyweight investors is divided, with 27% leaning bullish and 63% bearish. Among these notable options, 2 are puts, totaling $213,740, and 9 are calls, amounting to $689,680.

Nintendo announced that the Japan version of the eShop and My Nintendo Store will stop accepting foreign credit cards and PayPal accounts.