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Paypal

So you receive a 1099-K tax form this year. Here's what to know.

by David Brancaccio and Erika Soderstrom
Jan 13, 2025
A 1099-K form is sent to self-employed people who use third-party payment apps. Its threshold has been lowered from $20,000 to $5,000.
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IRS tells payment apps to report business transactions over $600

by Kristin Schwab
Jan 7, 2022
The threshold used to be much higher.
As the number of self-employed workers expands, the IRS is requiring online payment platforms like PayPal to report transactions greater than $600. The threshold used to be $20,000.
Eric Piermont/AFP via Getty Images
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COVID-19

P2P payment apps are booming, thanks to the pandemic

by Justin Ho
Mar 15, 2021
It can feel safer to send money with a mobile peer-to-peer app. Usage is expected to keep growing after the economy recovers.
Consumers are using peer-to-peer apps for investing and other purposes beyond receiving payments.
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It’s getting a lot easier to pay in installments

by Justin Ho
Sep 11, 2020
Easy-to-use services that let shoppers pay in installments are growing in popularity. They can make online shopping more affordable, but they can also get consumers into trouble.
Shopify, as well as other online selling platforms, helped millions of merchants create their online sites to continue to sell goods throughout the pandemic. But since more people are getting vaccinated, how will Shopify remain relevant once people are back to brick and mortar stores?
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paypal

PayPal makes huge bet on deal-hungry shoppers

by Kimberly Adams
Nov 21, 2019
The purchase of Honey Science Corp. for about $4 billion will provide customer behavior insights earlier in the shopping process.
The PayPal headquarters in San Jose, California, in 2018.
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Marketplace Tech Blogs

Is the backing of the banks enough for Zelle to beat Venmo?

by Molly Wood
Jul 30, 2018
A look at the big banks' answer to Venmo.
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Charting the future: Marketplace at Aspen Ideas 2018

The CEO of PayPal: Managing and moving money shouldn't be a privilege of the affluent

by David Brancaccio and Janet Nguyen
Jun 29, 2018
"We really need to step up as companies," CEO Dan Schulman says.
Dan Schulman, left, the CEO of PayPal, on stage with Marketplace Morning Report host David Brancaccio at the 2018 Aspen Ideas Festival.
Michael Lipkin/Marketplace
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Marketplace Tech Blogs

Are we trading security for emojis on Venmo?

by Molly Wood , Stephanie Hughes and Shaheen Ainpour
Jun 1, 2018
The Federal Trade Commission found the app's security and privacy protections disclosures lacking.
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Should credit card companies tackle gun sales?

by Andy Uhler
Feb 20, 2018
Andrew Ross Sorkin had an interesting column in the New York Times yesterday — a business and economic take on how to make mass shootings less common. PayPal and Square, Sorkin pointed out, decided years ago not to let people use their services to buy guns. What about Mastercard and Visa, he wondered. Or the […]
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I've Always Wondered ...

What are apps like Venmo doing with your money?

by Jana Kasperkevic
Feb 20, 2018
You've always wondered ...
Who benefits when your money is sitting in some app instead of in your savings? 
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