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PayPal Announces Recipients of $5 Million Community Partner Grants to Support and Sustain Black Businesses and Communities

Press Release

SAN JOSE, Calif. September 24, 2020 /3BL Media/ - PayPal Holdings, Inc. today named 20 nonprofit community partners that will receive grants and contributions totaling $5 million to support Black-owned businesses across the U.S. in their recovery from the impact of the COVID-19 pandemic.

CEOs, Make Sure Your Employees Aren't Struggling To Get By

by Paul Tudor Jones and Dan Schulman
Article
In 2018, PayPal anonymously surveyed a large sample of its hourly and entry-level employees to assess their financial security. The results indicated that almost two-thirds of surveyed employees reported periodically running out of money between paydays. This was disappointing and surprising, but provides a valuable lesson to other leaders: Although PayPal's internal analysis showed that it paid at or above market value for each of its employees, the wages were not always sufficient for many families.
 

Climate Week: Our Commitment to Combatting the Climate Crisis

By Sri Shivananda
Article

The consequences of global climate change are not a distant problem. They are real and plainly visible today. Raging wildfires are once again devastating forests across the Western United States, with smoke spreading east across the continent, causing unhealthy or hazardous air quality for millions. Just last month, monsoons wreaked havoc in India as a year’s worth of rain fell in just one month. History shows that it is the world’s poorest and most disadvantaged communities that bear the brunt of the financial blow that often accompanies climate events.

PayPal Continues to Expand Nonprofit Partnerships in the San Jose Community

Code Nation, Pivotal and Year Up to receive $250,000 from PayPal in grant funding for programs supporting underserved youth in an effort to strengthen the financial health of the San Jose community
Press Release

SAN JOSE, Calif., September 21, 2020 /3BL Media/ – PayPal Holdings, Inc.

Deal-Seeking Goes Mainstream: Honey Study Reveals Americans Are Changing How They Shop, Date and Flaunt Thriftiness

During COVID-19, seventy-five percent (75%) of Americans report they are currently seeking out more coupons, promo codes and deals when they shop online
Press Release

LOS ANGELES, September 15, 2020 /3BL Media/– Honey today released new research exploring the emotions and deal-seeking habits of online shopping during COVID-19 finding that 58% of respondents have experienced a decrease in household income. Now, there is an immediate need for shoppers to find savings with four out of five (79%) Americans saying discovering a deal is even more important than it was before the pandemic. Gone are the days of aimlessly searching for coupons in the dark as savvy shoppers adopt new behaviors for finding deals that help them buy what they love and need.

How a Dog Daycare Owner Is Getting Back on Her Feet With a PayPal Empowerment Grant

Blog

Bridgett Jeffries has dedicated her life to caring for other people’s furry family members as if they were her own. The longtime animal shelter volunteer and proud parent to three dogs took a leap of faith in 2017 when she left her corporate job to open Café Wakefern, a dog daycare and boarding business, in Columbus, Ohio. She named her business after a café to evoke a “cozy, communal” coffee-shop feel, indicative of the safe and welcoming environment she creates for her canine customers.

Time to Vote Movement Gains Unprecedented Momentum Ahead of 2020 U.S. Election

Press Release

SAN FRANCISCO, Sep. 1, 2020 /3BL Media/ -- More than 700 companies have now joined Time to Vote, a business-led, nonpartisan coalition that aims to increase voter participation in the U.S. elections. Voter turnout in the U.S. is one of the lowest in the developed world and one of the most common reasons people give for not voting is that they are too busy with the demands of life and work.

Imagine A Better World to Create It: My Never Stand Still Conversation with “John Lewis: Good Trouble” Documentarian Dawn Porter

by Dan Schulman, President and CEO at PayPal
Blog

For my latest Never Stand Still episode, I had the privilege of speaking to Dawn Porter about her latest documentary with Magnolia Pictures, “John Lewis: Good Trouble”—a film about the civil rights icon, community organizer, and Congressman who dedicated his life to social activism and legislative action. With the issues John Lewis stood for currently at the forefront of our national dialogue, Dawn’s film couldn’t be more timely.

Working As One Team: My Never Stand Still Conversation with Diana Taurasi

by Dan Schulman, President and CEO at PayPal
Blog

For many, Diana Taurasi is a household name. She’s a forward for the WNBA’s Phoenix Mercury and one of the most important female athletes in the past 20 years according to ESPN. But perhaps more important than her athletic superlatives are Diana’s deep-seated values that come across so clearly and consistently when you speak with her.

How Financial Empowerment Creates Hope: My Never Stand Still Conversation with John Hope Bryant

by Dan Schulman, President and CEO at PayPal
Blog

I met John Hope Bryant a few years ago, and we had a conversation I’ll never forget. He and I had an opportunity to sit down one-on-one to discuss our passion for financial empowerment, and it was a meeting of the minds, so to speak.

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