Reported about 1 month ago
PayPal is expanding its services to include in-person payments in the U.S. by integrating its debit card with Apple Wallet and offering 5% cashback rewards. This initiative, led by new CEO Alex Chriss, aims to compete directly with tech companies and banks, enhancing customer engagement beyond online transactions. The marketing push is part of a broader strategy to tap into the growing value of debit card payments while adapting to changing consumer preferences.
Source: YAHOO