PayPal Launches Funds Now, a Feature for SMB Merchants

Payments company PayPal unveiled a new feature that gives merchants realtime access to funds from completed sales. The feature, revealed today, is aptly called Funds Now. Like Uber’s Instant Pay, PayPal’s Funds Now feature gives select businesses across the U.S., U.K., and Australia instant access to their completed sales within seconds by eliminating holds, delays, and reserves. ...Read More

Tatjana Kulkarni is Deputy Editor at Bank Innovation. Before Bank Innovation, she was the marketing coordinator at conference producer Capital Roundtable. Prior to that she was a business reporter for nearly three years at The Deal. She has an M.A. in International Relations from New York University and a B.A. in Journalism from L.I.U. Post. In her spare time she travels as much as possible, making it a point to visit at least one new country per year.

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