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Apple pulls PayPal deeper into its world of financial tools

Apple’s growing financial technology tools and services are pulling in PayPal and Venmo services.

The payment company announced that it is working with Apple on several initiatives to “enhance services for PayPal and Venmo merchants and consumers.”

The company said in its earnings call that it is leveraging Apple’s Tap to Pay on iPhone technology. As part of the deal, “customers of our merchants in the United States will be able to immediately accept contactless debit or credit cards and mobile wallets, including Apple Pay, using iPhone and the PayPal or Venmo iOS apps.” will be able to.”



https://www.thestreet.com/fintech/apple-draws-paypal-deeper-into-its-financial-tools-world Apple pulls PayPal deeper into its world of financial tools

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