PayPal Holdings, Inc. - PYPL STOCK NEWS

PayPal Holdings (NASDAQ: PYPL) has launched the PayPal Zettle Terminal for small businesses in the U.S., expanding its in-store offerings initially introduced in Europe. This all-in-one point-of-sale (POS) solution features a sleek design and offers mobility with combined Wi-Fi and cellular connectivity, allowing businesses to check out customers anywhere. Starting at $199, it accepts multiple payment types, manages sales and inventory, and enables quick fund access. Feedback from business owners highlights its convenience and effectiveness, signaling potential growth for smaller enterprises.

Balance has partnered with Mirakl to enhance B2B payment processes, facilitating a smoother, cost-efficient payment experience for online buyers and vendors. With B2B marketplace sales skyrocketing by 131% to $56.5B in 2021, the partnership aims to meet increasing buyer expectations and streamline financial services tailored for B2B transactions. Balance has already supported over 300 merchants and is focused on digitizing industries like steel and apparel.

Paymentus Holdings (NYSE: PAY) has certified its real-time posting integration with Epic MyChart, enhancing healthcare payment functionalities for over 150 million patients. This upgrade allows patients to view payment due dates and complete transactions within the MyChart portal while offering expanded options like PayPal Credit and flexible payment plans. The integration aims to simplify bill payments, reduce missed payments, and improve revenue flow for healthcare providers, ultimately fostering a better patient experience.

EngageSmart's HealthPay24 will showcase its cloud-based patient payment platform at the Becker's Health IT and Revenue Cycle Conference from Oct. 4-7 in Chicago. Over 60 providers have enhanced their payment solutions, notably Deaconess Health System, which collected over $8M in pre-service payments. The updated features include payment plans, flexible payment options, and enhanced security, aimed at maximizing self-pay revenue and automating processes for healthcare providers, thereby addressing staffing shortages in the industry.

One Inc has partnered with Germania Insurance to consolidate its payment systems using ClaimsPay and PremiumPay. This integrated solution will enhance customer payment experiences, allowing users to make and receive payments digitally, including options like PayPal and Venmo. By implementing a phased approach through Guidewire’s Cloud Platform, Germania aims to reduce payment processing costs and improve efficiency. This partnership underlines Germania’s commitment to a seamless digital claims and payment workflow for its policyholders.

FREY Municipal Software (FMS) has partnered with InvoiceCloud, a solution by EngageSmart (NYSE: ESMT), to enhance online bill payment services for municipalities. This collaboration aims to improve customer experiences, increase electronic payments adoption, and reduce operational costs. FMS, serving municipal governments for over 40 years, selected InvoiceCloud for its proven success in driving self-service payment options like digital wallets and AutoPay. The partnership is expected to streamline payment processes, increase payment volumes, and ultimately enhance service delivery to communities.

EngageSmart's InvoiceCloud has partnered with Intellagents, an insurance software provider, to enhance billing and payment solutions for insurance carriers and policyholders. This collaboration aims to improve customer experiences while easing the burden on insurers' internal IT resources. The integration offers a seamless API for implementing over 60 technology tools, speeding up deployment and resource management. With 77% of policyholders favoring digital payments, this partnership targets the growing demand for efficient online services, ensuring better client engagement and satisfaction.

PayPal Holdings (NASDAQ: PYPL) announced on September 19, 2022, the granting of equity awards to new employees under its 2022 Inducement Equity Incentive Plan on September 15, 2022. These awards were approved by the Compensation Committee of the Board of Directors. The plan is intended to attract talent to support PayPal's position in the digital payment landscape, which serves 429 million consumers and merchants globally.

Attabotics has appointed Richard Cheung as its new Chief Financial Officer (CFO). Cheung brings extensive experience from publicly listed companies, having previously raised $160 million and achieved over 250% revenue growth at a prior e-commerce firm. His leadership is expected to enhance Attabotics' growth trajectory as the company scales its innovative 3D supply chain technology.

This unique system allows for significant warehouse space reduction and addresses labor shortages while meeting rising consumer demands.