PayPal announced its collaboration with Google’s Android Pay as PayPal intends to work beyond conventional means that stretch to mobile applications and regular retailers. This partnership will allow PayPal to be a method of payment for users through Android Pay service. Thus, users will have the convenience using this payment service for Uber, Walgreens, Subway, and Dunkin’ Donuts in the near future. The service will enable users to see their balance on PayPal along with letting them include their cards to the account in the coming next months. Google’s digital wallet has brought the rivals to agree on a common ground, making the purchasing experience easier and convenient for users.
The moves is in line with the company ongoing efforts to collaborate with rivals as it did with Visa. The partnership between Visa and PayPal has allowed users to make payments via smartphones. Additionally, it also allowed Venmo users to withdraw money from their Venmo account that is linked to Visa cards. PayPal has been sincerely making efforts to be a part of the digital payments landscape.
Apple Emerges as a Strong Contender
PayPal has joined hands with MasterCard for enabling store payments. This collaboration has allowed PayPal’s Braintree merchants to use MasterCard’s digital wallet as a mode of payment. The company is trying to break into the stiff competition created by Apple Pay by increasing users for its point-of-sales. The digitization move by Apple is estimated to lure in 86 million users for the company. Following similar footsteps is expected to help the economy, vendors, and consumers over the coming few years.