Paypal

Shoppers in markets where PayPal Pay Later is available most often used the service for gaming, hotels, and digital goods.

PayPal’s total payment volume rose 6.3% year on year to US$487.1 billion.

The companies said tokens on PYUSDx are issued by MoonPay Digital Assets Ltd.

PayPal’s Ben Cooms and developer Jay Mock explain how AI shopping agents get permission to spend money, from sliding-scale risk checks to crypto tokens.

Stripe had considered a deal for part or all of PayPal after a slump in PayPal’s stock.

The talks are ongoing and could produce a deal within weeks as PayPal CEO Enrique Lores, who joined in March 2026 after years at HP, pursues a turnaround.

PayPal plans to reorganize into three business units and target $1.5 billion in savings over 2-3 years.

PayPal shares rose 2% on Thursday to US$56.73, above the bid price and higher than the implied premium to the prior close.

The proposal was submitted earlier this month and backed by about US$50 billion in committed bank financing.

PayPal has hired Jefferies to explore secondary sales of some venture holdings as it weighs options for the unit.