Chinmay Bidkar
24 October 2016, USA :
PayPal Holdings Inc. is the latest payments provider to look to the world of social media for a new way to grow.
Bill Ready, EVP, Chief Operating Officer, PayPal said, “These new capabilities deepen our partnership with Facebook. Braintree partnered with Facebook and Uber last December to allow consumers to hail and pay for an Uber from Messenger. And as Messenger starts to roll out native payments, our merchants will also be able to accept PayPal payments directly in their bots. We’ve also helped merchants purchase Facebook ads, helped consumers buy headsets and content from Oculus, and continue to help PayPal-enabled businesses sell products directly from the Shop section of their Facebook Page.”
He further added, “We will continue to execute on our vision of offering PayPal in more places where people shop online, in app and in store by partnering with companies who share our desire to create meaningful products that benefit both consumers and merchants.”
The company will continue to execute on its vision of offering PayPal in more places where people shop online, in app and in store by partnering with companies who share the desire to create meaningful products that benefit both consumers and merchants.