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83°
Thursday, jun 4
Tag:
PayPal
Sports
PayPal, Major Conferences Team Up To Pay Athletes Amid Huge NCAA Financial Shift
College athletes at Maryland, Penn State, and Rutgers are among the many who will start receiving direct payments from their universities through PayPal and Venmo. The Big Ten and Big 12 conferences have entered a multi-year partnership with PayPal for the payments, the financial company announced on Thursday, June 26. The deal marks a major shift in how college athletes can monetize their careers in the era of name, image, and likeness (NIL) deals. PayPal said it'll offer Big Ten and Big 12 schools a secure and efficient way to pay athletes directly. "We're proud to help lead this transfo…
Business
Venmo Upgrades Debit Card, Checkout Options To Compete With Rivals: See What's New
Venmo is launching a new debit card rewards program and expanding its checkout options as the popular payment platform aims to compete with other similar services. Parent company PayPal announced the upgrades to the Venmo Debit Mastercard and Venmo Checkout service in a news release on Wednesday, June 4. The money-transferring app is used monthly by more than 64 million Americans. Venmo's debit card now offers 15% cash back at major retailers like Lyft, McDonald's, Sephora, Walgreens, and Walmart. Users can activate offers through the Venmo app to earn rewards on purchases both in…
Business
PayPal Launches AI Chat Shopping: Here's How The New Feature Works
An artificial intelligence search engine will soon help Americans buy products, book trips, and check out with PayPal or Venmo in online chats. Perplexity is teaming up with the financial technology giant for the new chat-based shopping experience, PayPal announced on Wednesday, May 14. The service is expected to be available in the US in the summer. Shoppers can make purchases within chat prompts on Perplexity Pro. "This partnership unlocks new possibilities, where conversations now drive commerce," said PayPal president and CEO Alex Chriss. "We're making it easy and secure…
Police & Fire
More Child Porn Charges For Former Music Teacher At Elite Cambridge Private School: DOJ
A former teacher at a prestigious Massachusetts private school accused of sharing child pornography now faces federal charges after investigators said he paid someone to produce more videos and bragged about having sex with boys younger than 13 years old. Joshua DeWitte, 50, of Cambridge, was arrested last week and charged with sexual exploitation of minors, attempt, and conspiracy, Immigration and Customs Enforcement agents said. He is accused of paying Christopher Allan Tisoy, a 27-year-old Filipino man who worked at a Baltimore hospital, to produce multiple videos. He…
News
Facebook May Send You $40 – And It's Not A Scam: Here's Why
Double-check your bank account, you may have gotten money from Facebook that you completely forgot was coming. Facebook users who filed claims in a $90 million privacy settlement that dates back nearly 15 years could soon start seeing payments – or may have already been paid. Many people on social media said they started receiving payments of $40.67 on Thursday, April 10. A class-action lawsuit claimed Facebook improperly tracked users' online activity without consent when users visited non-Facebook websites displaying Facebook's "Like" button. The suit said the nonconsensual tracking happe…
Business
Splitting A Flight: Venmo Payments Now Accepted For Bookings On This Airline
An app used by many to pay back friends for meals or event tickets has another new purpose: booking a flight. JetBlue now accepts payments through Venmo for flights, the airline said in a news release on Tuesday, Jan. 21. The company also said it's the first airline to accept Venmo payments for airfare. The option is currently only available on JetBlue.com but will be on the mobile app "in the coming months." "We're continually looking for ways to make it easier to book a JetBlue flight on our website and mobile app," said Carol Clements, JetBlue's chief digital and technology officer. "Ad…
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