04 April 2024

PayPal adds features for small businesses

Written By FinTech Alliance in FinTech

PayPal adds features for small businesses

It has added new features to its complete payments solution for small businesses.

In brief:

-The solution enables small businesses to accept a range of payments including PayPal, Venmo and PayPal Pay Later products.

-PayPal will also give small businesses access to four new features to help them drive payment acceptance and enhance how they run their business and this will include Apple Pay as a checkout option2

-PayPal's complete payments solution now allows consumers to securely save their payment information on a business's ecommerce website for future purchases, reducing friction and drive conversion.

What does this mean?

"The retail landscape is constantly evolving and SMBs need access to a range of tools to help them drive sales, cut costs and protect themselves and their customers from fraud," said Nitin Prabhu, VP, Merchant Experiences and Payment Solutions, PayPal. "With our complete payments solution, small businesses can get access to all of these tools with one integration."

Read more here.

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