Payment processing giant PayPal announced last week that is forming a new partnership with Instagram to help with buyer and seller transaction through Instagram’s new check out experience for shopping.
According to PayPal, Checkout on Instagram will be available within posts and stories with shopping stickers and tags. it will enable Instagram users in the U.S. to buy, track and manage their purchase directly within Instagram and allow businesses to sell directly on Instagram with the buying having to change context. It was also revealed:
“After discovering a checkout-enabled product, shoppers will see the option to “Checkout on Instagram” when they tap to view additional details. Shoppers will be able to securely store their preferred payment type, including PayPal, for faster checkout on future purchases. Shoppers can also use the Instagram app to view their order status, estimated delivery date and tracking number, as well as cancel orders, initiate a return, or request additional support.”
PayPal then added that the new experience is supported by its latest full-stack processing platform, PayPal for Partners, which allows Instagram to among the end-to-end commerce experience for buyers and sellers.