Telecommunications giant Safaricom has introduced direct PayPal withdrawals through its M-PESA application — an update aimed at simplifying how Kenyans paid by global clients can access their funds.

Safaricom has launched a new feature allowing users to withdraw PayPal funds directly through the M-Pesa app, targeting Kenya ...

PayPal Holdings (PYPL) stock dropped 4.1% in Tuesday premarket trading after the payment app company's expenses rose more than expected and its cash flow declined.

Cash App and PayPal have become immensely popular since their debuts. Cash App boasts 44 million users as of 2021 and PayPal has 429 million users at the end of Q1 2022. Consumers are increasingly ...

For PayPal, this is a move to upsell another offering to users within the app. The company said that with its payment products, it has observed an 84% uptick among people who pay online for travel.