Tag Archives: PayPal

CFPB Opens Inquiry into Buy Now Pay Later Offerings

The Consumer Financial Protection Bureau announced yesterday that it is shining its regulatory spotlight on a growing form of credit in the financial services industry — Buy Now Pay Later (BNPL) companies — and sent inquiries to five of the major providers asking for information “to illuminate the range of …

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PayPal Launches Personal Collection Tool

Americans owe each other more than $50 billion in small debts, according to data published by PayPal. To help people recoup those fees, the payments company has started a new service, called paypal.me. When you sign up, you get our own personal PayPal.me link that you can share with friends …

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