PayPal wants to dominate payments. And it can 🚀; Exec exodus & "layoffs by stealth"- what’s happening at Checkout.com?! 🤔; Ether is outperforming Bitcoin and making some serious moves 📈

FinTech is Eating the World, 6 April

Hey Everyone,

Good morning! We’re a bit behind the schedule but it’s absolutely worth the wait 🤩 On today’s radar we have PayPal that wants to dominate payments (it can + why it’s one of the strongest companies in the digital money space), see what’s happening at Checkout.com (exec exodus & "layoffs by stealth"?), and look at Ether which is outperforming Bitcoin and making some serious moves (could it be the ultimate and UltraSound Internet Money?). Let’s jump straight into the interesting stuff 🌶

PayPal wants to dominate payments. And it can 🚀

The news 🗞 Payments heavyweight PayPal PYPL 0.00%↑ has launched four new features for SMBs. Let’s take a brief look at them and why it matters.

More on this 👉 The new features from PayPal include:

• Apple Pay as a new payment option for Advanced Checkout. It offers more payment features and personalization vs. its standard solution.

• Customers can save their cards for faster checkout without requiring a PayPal account.

• Support for a real-time account updater and network token, which will let it automatically update account details for lost or stolen cards that are reissued.

• A new pricing model called IC++. The IC++ pricing model, which replaces the previous flat fee for Advanced Checkout, may benefit medium-sized businesses with higher sales volume.

Why it matters? 🤔 In short, this is all about PayPal dominating the checkout. Here’s more on this, why it can achieve that + why PayPal is one of the strongest companies in the digital money space: