We recently unveiled a new brand campaign called
‘New Money,’ which is focused on showcasing how we are enabling a faster, simpler and more inclusive way for people to manage and move money, whether online, in-app, in store or in new contexts. We’re really excited for what the future holds.
Later today, Dan Schulman will be giving a keynote at
Mobile World Congress 2016 elaborating on how we’re bringing this vision to life.
Earlier today at Mobile World Congress, we announced new partnerships and product updates that give you flexibility in how you choose to pay, and makes the management and movement of money easier and more accessible for everyone.
Collaborating with Industry Leaders Gives People More Flexibility and Choice
To deliver what our consumers and merchants want – it will take an entire ecosystem of partners, working together in new ways.That’s why we’re excited to share that
PayPal has collaborated with one of Europe’s largest mobile carriers, Vodafone. Millions of PayPal’s European users will be able to fund payments on Android smartphones at Visa contactless terminals using the Vodafone Wallet. If you’re a Vodafone customer in Spain, you will be able to use the experience first, and the service will be expanded to several other European countries later in 2016.
We’re also pleased to share that we’re working with leading telecom providers in Mexico and Brazil, Telcel and Claro, on their digital wallets to help their more than 140 million active users manage and make every day spend purchases via mobile devices. Through partnerships, and our platform-agnostic approach, we are able to give our merchants and consumers more flexibility and choice in how they want to pay and get paid.
Democratizing the Movement and Management of Money Through Innovation
Our vision is to help democratize financial services and make moving money more accessible for people around the world. To that end, recently acquired
Xoom plans to expand its service in Africa, making it easier for people in the United States to quickly and securely send money to family and friends with a M-Pesa account in Kenya.
PayPal continues to drive ways to make it easier for consumers to choose to pay whichever way they prefer including their favorite debit, credit and rewards cards. We recently launched a
redesigned mobile app in 145 markets around the world. An upcoming version of the app will support near field communications (NFC) starting in the United States and Australia later this year. Android users will be able to simply tap and pay with their PayPal app at nearly any location that accepts contactless payments in the United States and Australia.
We constantly innovate to create seamless payments experiences for consumers online around the world.
One Touch™ offers customers an online and mobile checkout experience without having to retype in payment information, usernames or passwords. 18 million consumers have now opted in to One Touch, which makes it one of the fastest adopted products in PayPal’s history, and today we announced an additional 120 markets have been added, taking the total to 143 markets.
In the United States, PayPal unveiled a private beta that provides retailers with an easy set of tools to allow them to securely sell to their customers wherever they are connecting digitally. Called
PayPal Commerce, it opens up retail opportunities in new channels - from social networks to new experiences that have not yet seen any commercial applications.
With a technology-agnostic approach, we are able to give consumers the buying experiences they want – enabling digital payments around the world that everyone can access. We are also providing merchants with a full platform that enables them to put mobile at the center of their value proposition for customers.
Stay updated on all of PayPal’s activities at Mobile World Congress by following
@PayPal.