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PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare (www.bloomberg.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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PayPal to Cut Around2,500 Jobs as Rivals Snag MarketShare::PayPal Holdings Inc. will reduce its workforce by about 9% as Chief Executive Officer Alex Chriss, who took over in September, grapples with rising competition, profit pressures and a raft of analyst downgrades.

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[–] StormNinjaPenguin@lemmy.ca 5 points 9 months ago

Wise is great for virtual accounts, prepaid debit card (physical and virtual) and international transfers. Virtual cards can be created for each service/payment and deleted when you need, also used with Apple Pay, etc. You can create “accounts” in any currency with bank account info to receive bank transfers or set up direct debits. I use it for over a decade personally, then their business account for 3 years to accept payments in foreign currency and I’m happy with it.