Saturday, January 28, 2017

PayPal Has Been Talking With Amazon on Payments

By a show of hands, how many of you guys want Amazon to allow the use of PayPal when you are ordering stuff online?

“We have been in conversations with Amazon,” PayPal Chief Executive Officer Dan Schulman said Thursday in an interview with Bloomberg News. “We’re closing in on 200 million users on our platform right now. At that scale, it’s hard for any retailer to think about not accepting PayPal.” There are no details to announce, but Schulman said the conversations have focused on “how to use one another’s assets to the mutual benefit of our customers.”