PayPal teams up with the Big Ten and Big 12 to enable payments to student-athletes
1. PayPal partners with Big Ten and Big 12 for student-athlete compensation. 2. Court settlement enables schools to compensate athletes up to $20.5 million. 3. PayPal will facilitate payments and allow tuition payments at select schools. 4. Venmo expands its presence as a partner in college sports transactions. 5. PayPal aims to transform college athletics payment processes quickly and securely.