Enabling More Mobile
Payments In Partnership With Google
By Bill Ready, EVP, Chief Operating
April 19, 2017
we know that money is personal. That’s why we’re
committed to putting choice into the hands of our
customers – to pay how and where they want to pay
and get paid with the speed and convenience of
PayPal. Over the past year, we’ve been
to offer new ways to
pay in more places -- in mobile apps, online and
in-store and across new contexts. Today, we’re
excited to announce that we are
partnership with Google
to make it easy for consumers to use PayPal as a
payment method in Android Pay wherever Android Pay
is accepted, in-store, in-app and online.
consumers in the U.S. will be able to use PayPal in
Android Pay at retailers from Walgreens to Dunkin'
Donuts. This partnership will enable our customers
to pay across even more contexts, and will extend
PayPal’s mobile leadership and reach as consumers
become more comfortable shopping and buying on their
mobile devices. Last year alone, PayPal processed
$102 billion in mobile payment volume and two
billion mobile payment transactions. Initially,
users will be able to pay using their PayPal balance
and over the coming months we will add the ability
to use cards that have been stored with PayPal,
enabled by our recent tokenization partnerships with
major card networks.
PayPal and Google
have been forging a strong partnership since PayPal
was added as a payment method within Google Play
nearly three years ago and we’re excited for this
next phase of our relationship. With our combined
reach and leadership in technology and mobile
commerce, we can bring more choice and optionality
to our joint customers.
PayPal integration with Android Pay is supported on
versions of Android OS 4.4 and higher, including
KitKat, Lollipop, Marshmallow and Nougat.
On the heels of our
Discover, Citi, FIS and others,
we’re excited to announce we’re expanding our
relationship with Wells Fargo to soon enable our
joint customers to pay with their Wells Fargo credit
or debit card for contactless payments in-store.
These partnerships are just a few examples of how
PayPal is continuing to work with leaders in the
industry to enable more choice, flexibility and
transparency for our customers.
We will continue to forge new
collaborations to expand our services and reach,
explore new contexts, increase conversion for our
merchants, create better mobile experiences and give
our consumers the flexibility, security and speed
that digital payments can offer.