CurrencyNewsBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) Faces Legal Challenges Over Honey Extension
PayPal (NASDAQ: PYPL) is a leading digital payments company that facilitates online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. It operates globally, providing services to both consumers and merchants. PayPal’s competitors include companies like Square and Stripe, which also offer digital payment solutions. Recently, content creators have taken legal action against PayPal, filing two lawsuits related to its Honey browser extension. The creators allege that Honey has been improperly claiming credit on sales, which they argue diverts potential affiliate earnings away from them. This legal challenge could impact PayPal’s reputation…