Delivering the Choice and Flexibility of Digital Payments
With two massive changes underway in the world - the digitization of cash and mass adoption of mobile devices - digital payments are transforming the way people manage and move their money as they shop, settle IOUs and plan for future expenses.
PayPal has been at the forefront of this transformation since 1998, delivering payment solutions that are simple, secure and meet the needs of consumers and merchants in the digital age.
You may also recall that last year we rolled out changes to
enable U.S. consumers to set their preferred payment method -- meaning that consumers can now set their default payment to their preferred credit card, debit card, bank account, PayPal balance or PayPal Credit. We’ve seen fantastic results from the rollout in the U.S. with millions of consumers already opting to select their preferred funding method within their PayPal wallet. That’s why we’re excited to extend this offering to our customers in Australia, Canada, China, Japan and the United Kingdom in the coming months with a goal to be available in over 200 markets around the world by early next year.
To show our customers how this comes to life, we’ve rolled out a new digital brand campaign in the U.S. called, “PayPal Can Do That” which highlights real-life scenarios where it pays to have choice and flexibility in how you manage and move your money with PayPal. To learn more about what PayPal can do and view the full set of videos, go to:
youtube.com/paypal.
Jim Magats, VP, Head of Payments, Product + Engineering, PayPal