PayPal (PYPL) Introduces PayPal Links and Crypto Integration, Boosting User Payment Options

PayPal Holdings, Inc. (NASDAQ:PYPL) ranks among the most undervalued NASDAQ stocks to buy now. On September 15, PayPal Holdings, Inc. (NASDAQ:PYPL) unveiled PayPal links, a new tool that enables users to transfer and receive money using customized, one-time links that may be shared on multiple messaging apps.

Additionally, PayPal Holdings, Inc. (NASDAQ:PYPL) announced plans to incorporate cryptocurrency directly into its peer-to-peer payment system. This will enable users in the United States to send cryptocurrencies like Bitcoin, Ethereum, PYUSD, and others to digital wallets that facilitate cryptocurrency transactions, such as Venmo and PayPal.

According to the firm, Venmo saw its largest increase in total payment volume in three years, while peer-to-peer and other consumer payments rose 10% year-over-year in the second quarter.

PayPal Holdings, Inc. (NASDAQ:PYPL), based in San Jose, California, operates a technology platform that enables digital payments for merchants and customers worldwide. The company provides payment services under several brands, including PayPal, Credit, Braintree, Venmo, Xoom, and Zettle.

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Disclosure: None. This article is originally published at Insider Monkey.