New York It's no longer all about the Benjamins. Or the Jacksons, Lincolns and Washingtons, for that matter.
The pandemic has accelerated the demise of cash because of infection concerns -- and that's great news for Square as well as Venmo owner PayPal. Their stocks are surging this year as people shun physical bills and coins, shop online and send payments digitally in an increasingly contactless world. The use of paper currencies was already in decline before the coronavirus outbreak, according to research from the Federal Reserve Bank of San Francisco.
PayPal co-founder: Tech companies must start taking the moral view 02:01PayPal is also looking to expand its offerings to become even more of a one-stop shop for the financial needs of younger consumers. In addition to Venmo, the company recently bought shopping discounts and rewards site Honey. There has also been speculation that PayPal and Venmo could soon offer the ability to buy and sell bitcoin through the two platforms. PayPal has not made any formal announcement about that just yet.
Except PayPal engages in ideological discrimination.
You don't even need cards to swipe anymore. Just ding your phone! No contact. No handling.
Why do Chinese eat bats, rats, cats, dog, etc. ? Because of such weird habits, whole world is suffering and Chinese in all countries are being subject to racism and harassment.
Oh yes. My hands are so much cleaner after I push buttons on the credit/debit card readers.