Advertisement
Australia markets closed
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • AUD/USD

    0.6548
    +0.0025 (+0.38%)
     
  • OIL

    83.94
    +0.37 (+0.44%)
     
  • GOLD

    2,351.90
    +9.40 (+0.40%)
     
  • Bitcoin AUD

    98,543.12
    +1,634.82 (+1.69%)
     
  • CMC Crypto 200

    1,331.48
    -65.06 (-4.66%)
     
  • AUD/EUR

    0.6113
    +0.0040 (+0.65%)
     
  • AUD/NZD

    1.0989
    +0.0031 (+0.28%)
     
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NASDAQ

    17,668.24
    +237.74 (+1.36%)
     
  • FTSE

    8,131.67
    +52.81 (+0.65%)
     
  • Dow Jones

    38,249.52
    +163.72 (+0.43%)
     
  • DAX

    18,125.18
    +207.90 (+1.16%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

Is This the End of PayPal As We Know It?

Is This the End of PayPal As We Know It?

Big traditional banks have often been criticized for being late to the party when it comes to integrating customer-friendly technology. Early Warnings Services, the entity behind money-transfer service Zelle and backed by a group of large financial institutions, is launching a digital wallet later this year that will allow debit and credit card holders to check out at online merchants without entering their card details. For a while now, PayPal Holdings (NASDAQ: PYPL) has been the undisputed leader in digital payments.