In a major shift for college sports payments, online payment services company PayPal said Thursday it's partnering with two major college athletic conferences to help distribute money directly to ...

College athletes at Maryland, Penn State, and Rutgers are among the many who will start receiving direct payments from their universities through PayPal and Venmo. The Big Ten and Big 12 ...

The first phase of the partnership is expected to begin this summer, with PayPal facilitating payments between institutions and student-athletes. Venmo’s sponsorship agreement will begin with ...

Multi-year partnerships will bring PayPal and Venmo to college campuses nationwide SAN JOSE, Calif., June 26, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL), a global leader in payments ...

The Big 12’s PayPal and Venmo deal signals the future: NIL payments made easier and safer for student-athletes — and a college sports landscape that may never look the same.

The rollout begins this summer, with the first athlete payments set to go out on July 1. Sponsorship and commerce activations for Venmo will launch with the start of the 2025–26 football season.

PayPal's mobile payment service Venmo is also expanding its position in college sports. Venmo will be the presenting partner for the first-ever Big Ten Rivalry Series and will serve as the ...

PayPal and its subsidiary Venmo are making significant advancements in enhancing digital payments, supporting community ...

The multi-year agreements with the Big Ten and Big 12 Conferences will create a new system for paying college athletes through PayPal and its sister service Venmo, following a recent federal court ...

Provided by PR NewswireJun 26, 2025, 12:00:00 PM Big Ten and Big 12 Enter Historic Partnerships with PayPal to Enable Institutional Payments for Student-Athletes in New Revenue Sharing Model ...