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 Big 12's agreement is worth nearly $100 million over five years and was born in 2024 after PayPal entered into discussions to buy naming rights for the conference, sources told CBS Sports. The Big ...

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.

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

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 ...

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.

According to Big 12 commissioner Brett Yormark, of the 19.8 million student athletes in the United States, over half utilize Venmo. From there, the partnership between the two influential ...

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 ...

Thousands of student-athletes will be able to receive university revenue-sharing payments through PayPal, as the payments ...