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PayPal Reported Second-Quarter Earnings

PayPal Reported Second-Quarter Earnings

PayPal Holdings Inc. (NASDAQ: PYPL) released Q2 earnings yesterday, prompting a further increased valuation in their guidance for FY2017.The stock opened at $61 today, up from yesterday’s $58.8 close, but has since dropped to $58.4. The compan..

Visa Beats Q3 Estimates

Visa Beats Q3 Estimates

Payment processing giant Visa Inc. (NYSE: V) said its fiscal third-quarter profit rose sharply from a year earlier, following its purchase of Visa Europe.The San Francisco-based company earned $2.06 billion in the period ending June 30, or 87 cents ..

U.K. Bans Credit Card Surcharges

U.K. Bans Credit Card Surcharges

On Wednesday, the U.K.’s Treasury Ministry announced that British retailers will be forbidden from forcing customers to pay surcharges when they pay for a transaction using a credit card. British consumers tend to face up to 20 percent of surc..