- PayPal Holdings, Inc. announced integrations with Illumia, Nelnet Campus Commerce, and TouchNet to enable tuition and fee payments through PayPal or Venmo.
- The new payment capability is currently live at multiple institutions, including Kansas State University and Michigan State University, with broader adoption expected throughout the year.
- This expansion builds on the platforms' existing campus presence and provides users with familiar security features and flexible funding options for higher education expenses.
- PayPal has partnered with Illumia, Nelnet Campus Commerce, and TouchNet to enable tuition payments via PayPal and Venmo through existing school portals.
- These integrations are currently live at select US universities, with a broader rollout planned throughout 2026.
- This initiative extends PayPal's expansion into campus financial services, following previous agreements covering revenue-share disbursements for student athletes.
- Illumia announced that participating colleges and universities can now accept tuition and fee payments using PayPal and Venmo through their existing payment portals.
- This integration provides students and families with greater payment flexibility and trusted security while allowing campus teams to continue managing transactions through Illumia.
- The new payment options are currently available at select institutions, with additional schools expected to adopt the feature throughout the year.
- On August 18, Onchain Lens reported that Multicoin Capital transferred approximately 172,710 HYPE tokens, valued at about $10.15 million, to Coinbase Prime.
- This transfer to a platform frequently associated with trader liquidation has sparked market concerns regarding a potential selloff.
- The transaction by a major institutional backer has drawn significant attention because HYPE currently ranks among the top 10 crypto tokens.
- TikTok is developing a peer-to-peer payment feature enabling users to send money via direct messages using its TikTok Pay infrastructure.
- Code discovered in the U.S. iPhone app reveals the feature allows senders to attach messages and recipients to tap to accept funds.
- This development reflects TikTok's broader expansion into financial services, positioning the platform to compete with services like Venmo and Zelle.