Latest news with #PayPal
Yahoo
2 hours ago
- Business
- Yahoo
EXCLUSIVE: Wix Adds PayPal, Venmo And Pay Later Options To Help Merchants Boost Sales, Simplify Checkout
(NASDAQ:WIX) on Thursday announced an expansion of its partnership with PayPal Holdings (NASDAQ:PYPL), bringing additional online payment options to merchants through Wix Payments. Now available as a built-in part of Wix Payments, U.S.-based merchants have a unified, seamless experience that simplifies backend operations and ultimately supports higher checkout conversion. With this deeper integration, PayPal is now available directly in the Wix Payments can connect their PayPal Business account and manage all transactions from a single dashboard alongside their Wix Payments activity. This setup consolidates reporting, chargebacks, and payouts, helping merchants streamline day-to-day operations and deliver more flexible payment options to customers, Wix said. Merchants also gain access to PayPal's broader suite of features, including PayPal Pay Later (BNPL) and Venmo, which allows them to offer customers more flexible and convenient ways to pay. Funds from PayPal wallet purchases flow directly into merchants' Wix Payments accounts, simplifying reconciliation and improving visibility over cash flow. This seamless integration gives merchants greater operational efficiency and control, while offering consumers more flexible ways to pay. In addition, as part of this integration, PayPal will also serve as a Payment Service Provider (PSP), powering card processing capabilities within Wix Payments – further streamlining the merchant experience across channels. Wix Payments offers small businesses a more streamlined way to manage payments through its platform. Users can handle transactions online, in person, or on the go using a range of secure payment options, designed to accommodate different customer preferences at checkout. With a full suite of options, merchants can adjust preferences to improve conversion rates and simplify day-to-day operations, and manage everything from a single dashboard, making it easier to track and report payments. This solution is available to U.S.-based Wix Payments users, and the feature will eventually be available in more regions. Wix stock declined 28% year-to-date. Price Actions: WIX stock closed at $154.57 on Wednesday. PYPL is up 0.46% at $77.01 in the premarket Thursday. Photo Courtesy Michael Vi on Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article EXCLUSIVE: Wix Adds PayPal, Venmo And Pay Later Options To Help Merchants Boost Sales, Simplify Checkout originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
EXCLUSIVE: Wix Adds PayPal, Venmo And Pay Later Options To Help Merchants Boost Sales, Simplify Checkout
(NASDAQ:WIX) on Thursday announced an expansion of its partnership with PayPal Holdings (NASDAQ:PYPL), bringing additional online payment options to merchants through Wix Payments. Now available as a built-in part of Wix Payments, U.S.-based merchants have a unified, seamless experience that simplifies backend operations and ultimately supports higher checkout conversion. With this deeper integration, PayPal is now available directly in the Wix Payments can connect their PayPal Business account and manage all transactions from a single dashboard alongside their Wix Payments activity. This setup consolidates reporting, chargebacks, and payouts, helping merchants streamline day-to-day operations and deliver more flexible payment options to customers, Wix said. Merchants also gain access to PayPal's broader suite of features, including PayPal Pay Later (BNPL) and Venmo, which allows them to offer customers more flexible and convenient ways to pay. Funds from PayPal wallet purchases flow directly into merchants' Wix Payments accounts, simplifying reconciliation and improving visibility over cash flow. This seamless integration gives merchants greater operational efficiency and control, while offering consumers more flexible ways to pay. In addition, as part of this integration, PayPal will also serve as a Payment Service Provider (PSP), powering card processing capabilities within Wix Payments – further streamlining the merchant experience across channels. Wix Payments offers small businesses a more streamlined way to manage payments through its platform. Users can handle transactions online, in person, or on the go using a range of secure payment options, designed to accommodate different customer preferences at checkout. With a full suite of options, merchants can adjust preferences to improve conversion rates and simplify day-to-day operations, and manage everything from a single dashboard, making it easier to track and report payments. This solution is available to U.S.-based Wix Payments users, and the feature will eventually be available in more regions. Wix stock declined 28% year-to-date. Price Actions: WIX stock closed at $154.57 on Wednesday. PYPL is up 0.46% at $77.01 in the premarket Thursday. Photo Courtesy Michael Vi on Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? PAYPAL HOLDINGS (PYPL): Free Stock Analysis Report This article EXCLUSIVE: Wix Adds PayPal, Venmo And Pay Later Options To Help Merchants Boost Sales, Simplify Checkout originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 hours ago
- Business
- Yahoo
PayPal and Wix Advance Strategic Relationship to Deliver Unified Payments Experience for Merchants
Wix & PayPal PayPal integrates with Wix Payments, providing a consolidated view for merchants to streamline payment management, enhance conversions and meet growing demand for flexible payment options NEW YORK – Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, today announced an expansion of its partnership with PayPal Holdings Inc. (NASDAQ: PYPL), bringing additional online payment options to merchants through Wix Payments. Now available as a built-in part of Wix Payments, this provides U.S.-based merchants a unified, seamless experience that simplifies backend operations and ultimately supports higher checkout conversion. With this deeper integration, PayPal is now available directly in the Wix Payments platform. Merchants can connect their PayPal Business account and manage all transactions from a single dashboard alongside their Wix Payments activity. This setup consolidates reporting, chargebacks, and payouts, helping merchants streamline day-to-day operations and deliver more flexible payment options to customers. Merchants also gain access to PayPal's broader suite of features, including PayPal Pay Later (BNPL) and Venmo, offering customers more flexible and convenient ways to pay. Funds from PayPal wallet purchases flow directly into merchants' Wix Payments accounts, simplifying reconciliation and improving visibility over cash flow. This seamless integration gives merchants greater operational efficiency and control, while offering consumers more flexible ways to pay. In addition, as part of this integration, PayPal will also serve as a Payment Service Provider (PSP), powering card processing capabilities within Wix Payments – further streamlining the merchant experience across channels. 'We're always looking for ways to create more seamless experiences for our users and provide them with the best way to accept payments and manage funds online, in person, and on the go,' said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments. 'By bringing PayPal under the Wix Payments umbrella, we gain significantly more control over the user experience and how PayPal's products are delivered to our merchants. This deeper integration allows us to improve conversion, offer more value, and drive stronger profitability, while giving our users a faster, more unified checkout flow.' 'At PayPal, we share Wix's commitment to helping businesses grow by giving them faster, more flexible access to the capital they need,' said Michelle Gill, Executive Vice President and General Manager, Small Business & Financial Services, PayPal. 'By embedding PayPal's most popular payment methods—like PayPal Wallet and PayPal Pay Later—directly into the Wix Payments experience, we're not just enhancing checkout. We're enabling merchants to get paid quickly, manage everything in one place, and unlock new ways to serve their customers and scale their business.' Wix Payments offers small businesses a more streamlined way to manage payments through its platform. Users can handle transactions online, in person, or on the go using a range of secure payment options, designed to accommodate different customer preferences at checkout. With a full suite of options, merchants can adjust preferences to improve conversion rates and simplify day-to-day operations, and manage everything from a single dashboard, making it easier to track and report payments. Learn more about Wix Payments here. This solution is available to U.S.-based Wix Payments users with plans to make this feature available in more regions over time. About is the leading SaaS website builder platform1 to create, manage and grow a digital presence. Founded in 2006, Wix is a comprehensive platform providing users - self-creators, agencies, enterprises, and more - with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. About PayPal PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit and For more about Wix, please visit our Press RoomMedia Relations Contact: PR@ PayPal PR Contact: louikelly@ 1 Based on number of active live sites as reported by competitors' figures, independent third-party data and internal data as of H2 Wix & PayPal
Newsweek
3 hours ago
- Business
- Newsweek
You Can Now Venmo the Government to Help Pay Off National Debt
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. The federal government will accept Venmo payments from citizens who want to help pay off the national debt. The Treasury has begun accepting Venmo transactions as contributions toward the national debt, which currently stands at $36 trillion. Newsweek contacted the Treasury for more information on the decision via email. The Context The United States national debt surpassed $34 trillion in 2024, raising ongoing questions about deficit spending and fiscal policy. Amid these concerns, the U.S. Treasury has expanded citizens' options for making voluntary payments to reduce the public debt—including digital payment methods such as Venmo. This adaptation signals a shift toward digital-first government services and highlights efforts to engage younger, tech-savvy Americans in public finance, a group that the second Trump administration is keen to appeal to. Payment apps like PayPal and Venmo are seen on an iPhone on top of Form 1099-k, Portland, OR, Jan 5, 2022: Payment apps like PayPal and Venmo are seen on an iPhone on top of Form 1099-k, Portland, OR, Jan 5, 2022: Getty Images What To Know The Bureau of the Fiscal Service, part of the U.S. Department of the Treasury, allows individuals to make voluntary contributions to help reduce the public debt. Gifts can be made via U.S. government platforms such as with payments accepted in the form of money, outstanding government obligations, or other intangible personal property, according to you can venmo the United States to help pay off the national debt — Jack Corbett (@jackcorrbit) July 23, 2025 After discussions in May, citizens can also now use modern digital payment tools including PayPal and Venmo to facilitate these transactions alongside more traditional methods such as credit cards or direct transfers. To contribute, individuals can visit the portal and select their payment method. On users can fill out the required forms and submit donations using Venmo, enabling real-time payments from their mobile devices. The Treasury's monthly reports indicate that such gifts remain modest in scale; in fiscal year 2022, Americans contributed a total of $180,310.32 in voluntary donations toward reducing the national debt. What People Are Saying The Venmo Help Center's policy page on government payment reads: "Your Venmo Direct Deposit account can be used to receive Direct Deposit funds from many sources, including the government. "You can provide your Venmo Direct Deposit account number to the government for unemployment payments, tax refunds, Social Security payments, and more. Venmo's Direct Deposit feature allows for recurring payments, such as unemployment funds, or one-time payments, such as tax returns. "When providing your Direct Deposit details to an employer or other issuer, please be sure to confirm your account and routing numbers as they appear in your Venmo app." Rabin Sawh, Regional Vice President of Catalis Payments, said in May: "Offering Venmo as a payment option indicates that governments understand and respect these preferences, making it easier for constituents to interact with civic systems online." What Happens Next The growing adoption of mobile payment methods by public agencies may pave the way for further digitization of government services and increased transparency in public finance.
Time of India
4 hours ago
- Business
- Time of India
Indian users can now pay abroad and on foreign e-commerce sites using UPI via PayPal World
In a major boost to cross-border digital payments , Indian users will now be able to use the Unified Payments Interface (UPI) to make payments internationally through PayPal . The global payments company 'PayPal' has announced the launch of " PayPal World ", a new platform that aims to connect the world's largest payment systems and digital wallets . The platform will start by offering interoperability between PayPal and Venmo, and include UPI as part of its initial launch. This means Indian consumers can now shop from international merchants and pay using the UPI option they are already familiar with. For example, an Indian user browsing an online store in the United States to buy a pair of sneakers will now see a UPI button after clicking the PayPal option at checkout. This allows them to complete the transaction using their UPI account, just as they would for any domestic payment. Ritesh Shukla, Managing Director and CEO of NPCI International Payments Limited , welcomed the development. He said, "The integration of UPI on PayPal World's platform will mark a significant step in expanding UPI's global footprint. It aligns with our vision to make cross-border payments more seamless, secure, and inclusive. This collaboration will enhance convenience for Indian users making payments abroad and enable global businesses and merchants to tap into a growing base of UPI users." The company stated that collaboration includes global partners representing nearly two billion users worldwide. These include Mercado Pago (MOU signed, further details being scoped), NPCI International Payments Limited (UPI), PayPal, Tenpay Global, and Venmo. The platform also benefits users from other countries. For instance, a PayPal user travelling to China can make payments at a cafe that accepts Weixin Pay simply by scanning the code using their PayPal app. Similarly, a Venmo user in the US can send money to a friend in Germany by typing in the phone number and selecting the PayPal wallet. This step marks a new beginning for global digital payments , especially for Indian users who rely heavily on UPI for everyday transactions. With PayPal World, sending money or shopping across borders will be easier than ever.
