PayPal Payments Halted by German Banks Due to Fraud Concerns
ByAinvest
Wednesday, Aug 27, 2025 8:39 am ET1min read
PYPL--
German banks have halted 10 billion euros in PayPal payments due to fraud concerns. PayPal Holdings, Inc. is a global provider of online payment services that enables individuals and professionals to purchase and sell goods and services, make transfers, and withdrawals. The company operates a technology platform with solutions such as PayPal, PayPal Credit, Venmo, and Braintree to facilitate safeguarded payments. Net sales are primarily from transactions (90.2%) and value-added services (9.8%).
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