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Venmo and PayPal outage leaves millions unable to access funds
Millions of users were unable to access their money Friday morning as both PayPal and Venmo experienced significant outages. The issues began around 8:00 a.m. ET, with users flooding sites like Downdetector to report problems ... more
Why is PayPal Stock Making a Comeback?Â
PayPal stock is making a comeback. The last time it was trading like this, the year was 2021, and PayPal was very much the leading fintech stock. Since then, it has declined more than 80%, ... more
PayPal & Venmo: The IRS may charge if used incorrectly
There are new rules in place for using payment apps like Venmo and PayPal thanks to the IRS. If you have over 200 transactions worth over $20,000 per year, you were subject to these rules ... more
IRS: PayPal and Venmo amounts to report on taxes
If you have a PayPal or Venmo account, it's important to know you'll soon need to report certain amounts to the IRS for tax purposes. Many Americans work for themselves, and the easiest way to ... more
IRS report: $600 CashApp, PayPal transactions
Electronic payment services like CashApp or Pay{al will now need to report transactions over $600 to the IRS under new rules. This includes Venmo, PayPal, Zelle, and Cash App. From Jan. 1 on those services ... more
