News, Education and Events Decoding Digital Payments & Fraud

News, Education and Events Decoding Digital Payments & Fraud

PayPal Forges Extended Alliances with Apple and Samsung

PayPal Forges Extended Alliances with Apple and Samsung

PayPal made two significant moves in the past week that will integrate the online payment pioneer more tightly with two of the top device makers in the world. Last week, the PayPal and Apple unveiled an agreement under which PayPal is now a payment option for iPhone and iPod users in the App Store and iTunes. PayPal also can be used for Apple Music and iBooks purchases. Once users choose PayPal as the payment method in their account settings, all future purchases made from their device using an Apple ID are funded via their PayPal account. And, on Monday, the company said it is now a payment choice within Samsung Pay. Shoppers now can use PayPal to purchase items anywhere Samsung Pay is accepted, in-store, online or in-app. Additionally, merchants that process online mobile payments through PayPal’s Braintree unit using Braintree Direct can now accept Samsung Pay as a payment method for in-app and online mobile purchases. “By making it completely seamless to accept digital wallets like Samsung Pay,” said Bill Ready, executive vice president and COO of PayPal, “we’re continuing to break down the barriers to checkout for our merchants.” Read the Next CNP Report Article