PayPal Working Capital is a merchant cash advance linked directly to your PayPal account.
PayPal refreshes its mobile apps
PayPal has released a new version of its apps for Android and iPhone in the past few days. You can download the apps and find our more here.
Rob Harper of PayPal UK says of the new functionality: “You’ve shown us sending and requesting money from your friends and family is the most popular feature in the app. In fact, over the last two years, we have seen over 100% growth in the number of peer-to-peer transactions happening in the app. There’s a new personalised feature where you can find people you exchange money with most, and you can add people directly from your contact book, allowing for an easy way to request money from a group of friends.”
And there are some other additions too. They have improved the Android fingerprint authentication, separated the account activity by pending and completed transactions and now you can add credit cards issued from other countries too.