PayPal (NASDAQ: PYPL) claims it has ushered in a “new era” for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online.
In addition, customers can now add their PayPal Debit Card to Apple Wallet (NASDAQ:AAPL).
Apple recently announced that it was opening up its digital wallet to third parties.
PayPal said it will also offer enhanced rewards, including the ability “to choose a monthly category of spending, such as groceries or clothing, to receive 5% cash back on up to $1,000 in selected category spend per month when using their PayPal Debit MasterCard.”
Alex Chriss, PayPal’s President and CEO, said it is a pivotal moment for his company as it plans to bring PayPal to everywhere consumers shop.
Eddy Cue, Senior Vice President of Services at Apple, added:
“We’re excited to work with PayPal to bring Apple Pay to PayPal Debit Card cardholders and help deliver a seamless shopping experience to even more users. Whether in-store, online or in-apps, PayPal debit card cardholders will be able to enjoy the convenience and security that Apple Pay brings to their everyday lives.”
