PayPal announced an expansion of its strategic partnership with Shopify in the U.S. PayPal will now act as an additional online credit and debit card processor for Shopify Payments through PayPal Complete Payments. This integration will streamline order management, payouts, reporting, and chargeback flows by unifying PayPal wallet transactions with Shopify Payments, providing merchants with innovative payment options and improved operational efficiency.
Alex Chriss, President and CEO of PayPal, expressed excitement about the partnership, highlighting PayPal's growing influence as a preferred platform for major commerce brands and payment processors. This U.S. update builds on their 2022 collaboration, which saw the introduction of Shopify Payments in France.
Source: PayPal
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