PayPal and American Express expand partnership, will allow use of points for PayPal purchases

TechCrunch | 10/19/2018 | Staff
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PayPal this week announced an expanded relationship with American Express that will allow cardholders to use their Membership Rewards points when shopping from PayPal merchants, as well as more integrated experience within both PayPal and the Amex apps, among other things.

The deal is similar to those PayPal earlier struck with Visa and MasterCard., and follows a series of partnerships it has made across the industry, including others with Apple, Google, Samsung, and, most recently, Walmart, designed to increase its PayPal’s visibility and adoption.

Addition - Points - Purchases - PayPal - Millions

In addition to using points for purchases at PayPal’s millions of online merchants, the new partnership will also allow Amex mobile app users to send money through PayPal or Venmo directly in the app. And they’ll be able to add their American Express cards to their PayPal wallet directly from the app, too.

On PayPal’s side, users will be able to pay their Amex bill with their PayPal or Venmo balance using the PayPal Instant Transfer feature, and it will more clearly identify users’ specific American Express cards in the PayPal wallet using card-specific branding.

Agreements - Something - Change - Course - PayPal

These agreements have represented something of a change of course for PayPal over the past couple of years. Before, the company had been pursuing its own brick-and-mortar strategy to see its payment mechanism integrated at...
(Excerpt) Read more at: TechCrunch
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