IT

PayPal unveils speedier money transfers to bank accounts

PayPal unveils speedier money transfers to bank accounts

Payment services firm PayPal (PYPL) said on Tuesday that it will soon allow its USA users to instantly transfer money to their bank accounts through eligible debit cards linked to their PayPal account.

You must have a Visa or Mastercard Debit card, and your financial institution must participate in the program. The funds will be in the bank account within a matter of minutes, and no more than thirty minutes, according to PayPal. Now, PayPal is working on making those transfers much faster to fend off competitors trying to lure away users.

Li Ka-shing says no specific retirement plan yet
The report said, Li, nicknamed "Superman" in Hong Kong, is planning to give up the chairman's seat in July 2018, when he turns 90. At the time he raised the prospect of retirement and said he could step back into the role of senior adviser.

Correction: Instant transfer is in beta for PayPal users, not Venmo users.

The feature is expected to be rolled out to all USA customers in coming weeks and months. A consortium of US banks is close to launching Zelle, a service offering instant transfers among customers of its member banks.

LaSalle Hotel Properties (LHO) Shares Bought by Alliancebernstein LP
For the last month, company shares are 12.43%. (NASDAQ:AAPL) has "Buy" rating given on Tuesday, September 22 by Goldman Sachs. The stock of LaSalle Hotel Properties (NYSE:LHO) has "Market Perform" rating given on Tuesday, December 13 by Wells Fargo.

Ready's post noted that PayPal has been offering P2P payments since 1998, when owners of Palm Pilots could beam money to each other. (Although PayPal notes that, in some cases, it could take up to half an hour.) The quicker speed does come at a cost, though, but you can argue that 25 cents might be worth getting rent cashed out as soon as possible, or for cashing out on a Friday afternoon. The technology remained a secondary feature until Venmo caught on, but the market is still in its early stages of development and a clear leader has not yet emerged in the market of mainstream consumer finance.

Shares of PayPal were moving lower during midday trading on Tuesday.

Celtics' Danny Ainge confident he will get his guy at No. 3
If the Lakers do win the 2018 NBA Draft Lottery, the 76ers get that pick, and their obligation to the Celtics shifts back a year. Through all of the losing, Hinkie was working toward an opportunity like Markelle Fultz becoming available at draft time.


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    Audrey Viso of St. Joseph's Academy claims Gatorade girls soccer honor

    She helped the Plainsmen (13-6) advance to the state championship game before Gillette ended Laramie's season with a 4-1 victory. The award recognizes athletic excellence, high academic standards and exemplary character demonstrated on and off the field.
    Punjab: Amarinder announces total waiver on crop loans for small, marginal farmers

    Punjab: Amarinder announces total waiver on crop loans for small, marginal farmers

    Punjab , a major producer of wheat and rice, will settle farmers' debts to the banks through annual budget provisions, he said. In the budget the government, besides the loan waiver, raised the old age monthly pension by Rs 250.
  • Presidential election: BJP's parliamentary board to meet today over candidate selection

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    Jelena Ostapenko vs Caroline Wozniacki

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    How Many Eastman Chemical Company (NYSE:EMN)'s Analysts Are Bullish?

    It is positive, as 53 investors sold DOW shares while 333 reduced holdings. 78 funds opened positions while 188 raised stakes. Finally, Advantus Capital Management Inc increased its stake in Eastman Chemical Company by 0.7% in the third quarter.
  • Lockheed Martin, Tata announce F-16 India partnership

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    Race finally heads to voters; DC watching closely

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    Democrats across the country see Ossoff's candidacy as an opportunity to win back a seat in the Republican-dominated House. Handel notes that many of those people live in Democratic-leaning states like California, New York and MA .

    USA will work to restore deconfliction link with Russian Federation in Syria

    Russia's defence ministry has announced it is ending US-Russian co-operation in Syria, which had been created to prevent a direct conflict between the two powers.
  • Harmony Gold Mining Company Limited (HMY) Given Media Sentiment Score of 0.19

    There are advantages to using a moving average in your trading, as well options on what type of moving average to use. A trend analysis is a method of analysis that allows traders to predict what will happen with a stock in the future.
    Chelsea striker Diego Costa: I could still join Atletico Madrid

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    Diego Costa played a vital role in Chelsea's push for the English Premier League season last season with 20 goals . Conte had already pulled Costa out of training with Chelsea following an argument in January of this year.
    Los Angeles lights up City Hall with Batman signal

    Los Angeles lights up City Hall with Batman signal

    Current Batman , Ben Affleck had earlier paid tribute to him on his Twitter account as he wrote, " Adam West exemplified heroism". A bat signal is projected on City Hall in Los Angeles .