Latest news with #mobilepayments
Globe and Mail
a day ago
- Business
- Globe and Mail
PayPal's Strong Q2 2025 Results and Raised Outlook
PayPal Holdings, Inc. ( (PYPL)) has released its Q2 earnings. Here is a breakdown of the information PayPal Holdings, Inc. presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. PayPal Holdings, Inc. is a leading financial technology company that facilitates digital and mobile payments worldwide, offering services through its PayPal and Venmo platforms, among others, to both consumers and merchants. In its second quarter of 2025, PayPal reported robust financial results, highlighted by a 5% increase in net revenues to $8.3 billion and a significant rise in earnings per share, reflecting the company's strategic initiatives and market expansion. Key performance indicators for PayPal included a 6% increase in total payment volume to $443.5 billion and a 7% growth in transaction margin dollars to $3.8 billion, alongside improvements in operating income and margins. The company also returned $1.5 billion to shareholders through stock repurchases. Looking ahead, PayPal has raised its full-year guidance, indicating confidence in continued growth driven by innovations and strategic transformations in its business model.
Finextra
2 days ago
- Business
- Finextra
Coinbase connects crypto to Samsung Pay
Samsung Pay will begin rolling out as a payment and deposit option inside the Coinbase app for users in the United States and Canada, with plans to expand to additional geographies in the near future. 2 The road to global adoption relies on an accessible, seamless user experience, and we're proud to partner with Samsung to make it that much easier to fund your crypto journey. Funding your crypto journey should be as easy as sending a text or tapping to pay at checkout. That's why we're making it even more seamless to buy crypto directly from your mobile device. Starting this week, Coinbase users in North America can now use Samsung Pay directly in the Coinbase app to fund their crypto journey. With just a few taps, eligible users can move from interest to action - without needing to switch apps or re-enter payment information. This new integration brings together the convenience of Samsung's trusted mobile wallet with Coinbase's secure and intuitive platform, unlocking a smoother path to crypto for millions of mobile users across North America. Whether you're diving in or doubling down, Samsung Pay makes buying crypto feel as easy as tapping to pay. The feature will be gradually rolled out to select users in the U.S. and Canada over the next month, with full availability expected in the near future. As more people look to explore crypto from the phones in their pockets, we're continuing to meet them where they are — by making it easier, faster, and more familiar to get started.
Finextra
2 days ago
- Business
- Finextra
Western Union, Zoona and Chipper Cash launch international money transfer services
Western Union, Zoona Transactions Zambia Limited and Chipper Cash today announced the launch of international money transfer services in the Chipper Cash app. 0 The co-branded service enables customers in Zambia to send and receive money globally, based on their convenience and needs. Zoona is a leading fintech and enterprise payments platform in Zambia. Acquired by Chipper Cash in 2022, the two brands now support 5 million customers across Africa. Today's announcement combines Western Union's global strength and 175 years of expertise in international money movement with Chipper Cash's and Zoona's deep local payments knowledge and innovative mobile technology platform. Chipper Cash app users can now support their loved ones by sending and receiving money seamlessly across Western Union's network of over 200 countries and territories. They also have the flexibility to send funds to mobile wallets worldwide, as well as for cash pick-up at hundreds of thousands of locations abroad. Payout to bank accounts shall be launched shortly. 'Zambia's digitally savvy population of over 20 million is driving a remarkable shift toward mobile-first financial solutions,' said Mohamed Touhami el Ouazzani, Western Union's Regional Vice President of Africa. 'Integrating our international money transfer services in the Chipper Cash app means customers can transfer funds across our global network - reliably and with ease. I am delighted then that, together, we are expanding the possibilities for Zambians to connect, transact and thrive in the global economy.' The Chipper Cash app is available for download on both Android and iOS smartphones. To initiate a Western Union transaction, customers can use funds stored in their Chipper Cash wallet. The wallet can be conveniently topped up at multiple cash and digital payment touchpoints, including retailers, mobile network operators, banks and ATMs. 'At Zoona, we've witnessed firsthand the incredible evolution of Zambia's financial landscape—from the early days of cash-based transactions and agent networks to a thriving ecosystem of mobile and digital payments,' said Brett Magrath, CEO at Zoona and CPO at Chipper Cash. 'This partnership marks the next chapter in that journey. With smartphone adoption on the rise, there's an increasing appetite for digital financial services that move beyond USSD to deliver richer, app-based experiences. This partnership extends the reach of Zambia's vibrant fintech ecosystem—connecting more users to global financial services through a seamless digital experience.' The collaboration builds on Western Union's well-established physical presence in Zambia that caters to diverse and fast-evolving customer needs. The move also supports Western Union's, Zoona's and Chipper Cash's shared mission to make financial services accessible to all consumers in Zambia - regardless of their banking status.
Zawya
2 days ago
- Business
- Zawya
Western Union, Zoona and Chipper Cash Launch International Money Transfer Services
Western Union ( Zoona Transactions Zambia Limited and Chipper Cash today announced the launch of international money transfer services in the Chipper Cash app. The co-branded service enables customers in Zambia to send and receive money globally, based on their convenience and needs. Zoona is a leading fintech and enterprise payments platform in Zambia. Acquired by Chipper Cash in 2022, the two brands now support 5 million customers across Africa. Today's announcement combines Western Union's global strength and 175 years of expertise in international money movement with Chipper Cash's and Zoona's deep local payments knowledge and innovative mobile technology platform. Chipper Cash app users can now support their loved ones by sending and receiving money seamlessly across Western Union's network of over 200 countries and territories. They also have the flexibility to send funds to mobile wallets worldwide, as well as for cash pick-up at hundreds of thousands of locations abroad. Payout to bank accounts shall be launched shortly. 'Zambia's digitally savvy population of over 20 million is driving a remarkable shift toward mobile-first financial solutions,' said Mohamed Touhami el Ouazzani, Western Union's Regional Vice President of Africa. 'Integrating our international money transfer services in the Chipper Cash app means customers can transfer funds across our global network - reliably and with ease. I am delighted then that, together, we are expanding the possibilities for Zambians to connect, transact and thrive in the global economy.' The Chipper Cash app is available for download on both Android and iOS smartphones. To initiate a Western Union transaction, customers can use funds stored in their Chipper Cash wallet. The wallet can be conveniently topped up at multiple cash and digital payment touchpoints, including retailers, mobile network operators, banks and ATMs. 'At Zoona, we've witnessed firsthand the incredible evolution of Zambia's financial landscape—from the early days of cash-based transactions and agent networks to a thriving ecosystem of mobile and digital payments,' said Brett Magrath, CEO at Zoona and CPO at Chipper Cash. 'This partnership marks the next chapter in that journey. With smartphone adoption on the rise, there's an increasing appetite for digital financial services that move beyond USSD to deliver richer, app-based experiences. This partnership extends the reach of Zambia's vibrant fintech ecosystem—connecting more users to global financial services through a seamless digital experience.' The collaboration builds on Western Union's well-established physical presence in Zambia that caters to diverse and fast-evolving customer needs. The move also supports Western Union's, Zoona's and Chipper Cash's shared mission to make financial services accessible to all consumers in Zambia - regardless of their banking status. Distributed by APO Group on behalf of Western Union Holdings, Inc.. Media Contacts: Western Union: Nicholas Mandalas, Chipper Cash: Goldie Iyamu: Goldie@ About Western Union: The Western Union Company (NYSE: WU) is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones and their communities. Our leading cross-border, cross-currency money movement, payments and digital financial services empower consumers, businesses, financial institutions and governments—across more than 200 countries and territories and over 130 currencies—to connect with billions of bank accounts, millions of digital wallets and cards, and a global footprint of hundreds of thousands of retail locations. Our goal is to offer accessible financial services that help people and communities prosper. For more information, visit About Chipper Cash: Chipper Cash is a financial technology company serving more than five million customers across the African continent. In 2018, Chipper Cash revolutionized moving money in Africa by providing a frictionless way to send and receive money cross-border. Since then, Chipper has increased its product suite by offering personal investments and digital business transactions and expanded its reach into the US. Led by co-founders Ham Serunjogi and Maijid Moujaled, Chipper Cash is focused on its mission to provide the most trusted and accessible financial services for people living in Africa and beyond. About Zoona: Zoona is a fintech platform building intelligent financial infrastructure for local and global businesses. With operations rooted in Zambia, Zoona offers a suite of services including mobile money, enterprise disbursements, digital collections, and cross-border remittances. Regulated by the Bank of Zambia, Zoona leverages over a decade of experience—one of Zambia's earliest mobile money pioneers—to deliver secure, accessible, and scalable financial solutions.
Yahoo
22-07-2025
- Business
- Yahoo
PSQ Holdings adds Apple, Google Pay to its PSQ Payments platform
PublicSquare (PSQH) announced the successful integration and launch of Apple Pay (AAPL) and Google Pay (GOOGL) across its PSQ Payments platform. The company stated this strategic expansion enhances the platform's capabilities and provides merchants with a seamless and secure mobile payment solution. PublicSquare Chairman and CEO Michael Seifert said the launch is a direct response to merchant feedback and will help merchants optimize their sales funnel for mobile consumers. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on PSQH: Disclaimer & DisclosureReport an Issue Trump Jr.-Backed GrabAGun Stock (PEW) Tumbles on NYSE Debut PSQ Holdings: Strategic Growth and FinTech Integration Drive Buy Rating PSQ Holdings Elects New Directors at Annual Meeting PSQ Holdings Explores Digital Asset Treasury Strategy PSQ Holdings Announces $50M At-Market Offering 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
