Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

It’s payday as PayPal joins forces with Japanese BNPL platform Paidy

Published

on

Digital wallet platform PayPal splashes their cash as they jump on the digital credit bandwagon in a bid to engage with more consumers.

PayPal and Paidy come together through new partnership

PayPal returns to the top spot in the buy-now-pay-later (BNPL) competition, after purchasing Japanese loan platform Paidy.

The $2.7 billion partnership follows in the steps of rival Square after they scored their multibillion dollar deal with Afterpay earlier this year.

It comes at a time where the BNPL business model has been largely successful with consumers turning to virtual credit as they spend big online.

The cash deal will close in the fourth quarter of this year, with PayPal anticipating big things to come from its Japanese audience, which has the third largest e-commerce market in the world.

PayPal says the move will complement the company’s existing cross-border e-commerce business in the Asian country.

“The acquisition will expand PayPal’s capabilities, distribution and relevance in the domestic payments market in Japan.”

A word on Paidy

Paidy will enable users of Paypal’s virtual wallet system to purchase items online and pay off their loans monthly.

But unlike Afterpay, Paidy enables its Japanese users to pay off their digital purchases in-store through a consolidated bill at local convenience shops or via bank transfer.

The company’s technology also has the ability to score creditworthiness, underwrite transactions and guarantee payment to merchants, setting up a safe platform for online consumer purchases.

“There is no better home for Paidy to continue to grow and innovate than PayPal, which has been removing friction from online shopping for more than 20 years,” says Russell Cummer, founder and executive chairman of Paidy.

“Together with PayPal, we will be able to further achieve our mission of taking the hassle out of shopping.”

Despite the acquisition taking place, Paidy will continue to operate under its existing business while maintaining its brand and supporting its consumers.

Founded in 2010, the BNPL firm currently has 4.3 million active accounts.

Written by Rebecca Borg

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Tech

Global memory chip shortage set to drive electronics prices higher

Global memory chip shortage raises electronics prices; impacts PCs, smartphones, and likely continues until 2026.

Published

on

Global memory chip shortage raises electronics prices; impacts PCs, smartphones, and likely continues until 2026.


A severe global shortage of memory chips is sending shockwaves through the electronics industry, causing prices to rise across consumer devices. Experts warn that this shortage will continue until at least 2026, affecting everything from PCs to smartphones.

Major manufacturers, including Samsung Electronics, have reported record profits but caution that rising memory chip prices could put further pressure on the sector. This shortage is largely driven by AI technology demands, forcing companies to rethink production priorities.

Consumers should expect higher costs for electronics in the coming months, with price increases likely to continue through the end of 2026.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#ChipShortage #ElectronicsPrices #SamsungNews #AIChips #TechIndustry #PCPriceHike #SmartphoneCosts #TickerNews


Download the Ticker app

Continue Reading

Tech

CES 2026 Highlights: AI, robotics, and the future of innovation

CES 2026 explores AI, robotics, and sustainability, reshaping the global economy and redefining productivity and market dynamics.

Published

on

CES 2026 explores AI, robotics, and sustainability, reshaping the global economy and redefining productivity and market dynamics


CES 2026 in Las Vegas is showing how technology is not just shaping consumer products but redefining the global economy. From AI breakthroughs to robotics innovations, the event highlights how new technologies are changing the way we work, move, and invest.

Brad Gastwirth from Circular Technologies joins us to share his insights on the biggest trends driving this transformation.

The event underscores the growing role of AI in shaping both market dynamics and consumer demand patterns, signalling a new era of innovation.

Robotics, mobility, and sustainability are also at the forefront. From real-time AI-driven mobility tech to energy-efficient computing, CES demonstrates how emerging technologies are integrating across sectors. Brad discusses the intersections of technology, sustainability, and capital expenditure, revealing how these trends are set to reshape productivity paradigms and sector leadership in the coming years.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#CES2026 #AIRevolution #Robotics #Innovation #MobilityTech #SustainableTech #TechTrends #TickerNews


Download the Ticker app

Continue Reading

Tech

CES 2026 opens with AI powering the future of tech

AI dominates CES 2026 in Las Vegas, shaping future tech with smarter, personalized products for everyday use.

Published

on

AI dominates CES 2026 in Las Vegas, shaping future tech with smarter, personalized products for everyday use.


The annual Consumer Electronics Show has officially opened in Las Vegas, with artificial intelligence taking centre stage across nearly every major product category on display. From consumer gadgets to enterprise tools, AI is shaping how technology is designed, used and experienced.

Major tech companies are showcasing smarter, faster and more personalised products, highlighting how AI is moving beyond concepts and into everyday applications. The focus this year is on practicality, efficiency, and seamless integration into daily life.

As CES continues, the event is setting the tone for where technology is heading in 2026, with AI no longer an add-on but a foundation for innovation.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#CES2026 #ArtificialIntelligence #TechNews #Innovation #FutureTech #LasVegas #AIRevolution #Ticker


Download the Ticker app

Continue Reading

Trending Now