PayPal will allow customers to withdraw Bitcoin to third-party wallets

PayPal will allow customers to withdraw cryptocurrencies used to buy and sell goods to third-party wallets PayPal has let users buy and sell cryptocurrencies since October and will soon allow them to move their digital assets to third party wallets  Jose Fernandez da Ponte, who leads PayPal’s blockchain unit, made the announcement on Wednesday during Coindesk’s Consensus … Read more

Boris Johnson buys a painting of himself and his family at Chequers – using PayPal 

Boris Johnson buys a painting of himself and his family at Chequers – using PayPal Painting of Boris Johnson and his family at Chequers has been bought by the PM Mary Casserley painted the picture in the style of a pre-war railway poster She painted the picture at kitchen table of her former home in Hertfordshire … Read more

Why was I re-billed £115.25 for a clearly fraudulent PayPal transaction?

Why was I re-billed £115.25 for a clearly fraudulent PayPal transaction even though I’d never had an account and never made the purchase? Ethan Patterson, 18, spotted two suspicious purchases at the start of November He said the transactions were fraudulent as he had never had an account   The money was initially refunded but was … Read more

CVS becomes first US retailer to support PayPal and Venmo QR codes for checkout payments

CVS becomes first US retailer to support PayPal and Venmo QR codes for checkout payments, allowing customers to avoid touching keypads amid the coronavirus pandemic CVS now accepts PayPal and Venmo QR codes for payments at all its US stores Customers open either PayPal or Venmo on their smartphone and click ‘Scan’ Then select the … Read more

PayPal customers will be slapped with a £12 ‘inactivity fee’

‘Merry Christmas from PayPal’: Irregular users of the payments platform will be charged a £12 ‘inactivity fee’ from 16 December – but it’s easy to avoid PayPal will start charging some customers an inactivity fee The US-based company said it will not be closing inactive accounts There are ways you can act now and avoid … Read more

PayPal chase man for £19k after son, 6, bought truck on eBay

Father reveals he is being chased by debt collectors after his son, 6, bought a £19,000 monster truck on eBay when he left his laptop logged in and the seller refused to cancel the bid Mohammad Faraji, 45, received a bill for a truck son Ario successfully bid for  The father, from Wallsend, North Tyneside, is being … Read more

ASK TONY: I was scammed out of £170, so why isn’t PayPal paying up?

I received texts from PayPal at 3.17am and 5.17am on August 6 about a suspicious transaction.  It was for £170.94 to a company called Zalando SE.  I replied at 10.21am with a ‘2’ to signify it was an unauthorised transaction. PayPal responded saying that texting was unavailable for this service!  One reader was left out … Read more