PayPal Unleashes Ferrell Again and other Digital Transactions News briefs from 4/10/25

PayPal Holdings Inc. said will release a second wave of advertisements with actor Will Ferrell to promote its checkout services, PayPal Pay Later, its buy now, pay later service, and a sweepstakes that will cover, for 1,000 winners for 100 days, up to $100 of their transactions made with PayPal. PayPal launched the campaign with the Saturday Night Live alumnus in September.
Citgo Petroleum Corp. unveiled its Club Citgo mobile app, which incorporates the features of its Citgo Pay app while offering what the company calls a streamlined approach to payments, rewards, and account management, along with biometric authentication. The Citgo Pay app was discontinued April 1.
Payments-orchestration platform CellPoint Digital Holdings Ltd. said it will leverage global acquiring, digital payment processing, and other payment services from Checkout.com under an agreement that takes effect June 1.
Payment friction, fraud, and other operational issues are costing businesses $98.5 million per year each on average, according to a study from FIS Inc. and Oxford Economics. The study late last year surveyed 1,000 business executives in six industries across the United States, the United Kingdom, and Singapore.
The parking-app provider ParkHub has rebranded as JustPark in the wake of JustPark’s acquisition of the company last year.

Digital Transactions Authoritative, insightful and timely information for payments professionals