2025-05-05 16:55:09
Business

PayPal Launches Contactless Payment in Germany

PayPal is set to revolutionize payment methods in Germany with the introduction of its contactless mobile wallet. This innovative feature, similar to Apple Pay and Google Pay, allows users to pay at checkout terminals using the PayPal app.

Enabled by the European Digital Markets Act, this development marks a significant shift, as it grants alternative providers access to the NFC interface of iPhones. Initially launching in Germany, the feature will enable users to make payments using Android and iOS devices, offering an alternative to existing services.

Additionally, PayPal introduces a versatile payment option, allowing users to pay in installments, coupled with a cashback system for contactless transactions. This strategic move positions PayPal as a formidable competitor in the contactless payment landscape.

gmx
5. Mai 2025 um 11:56

Contactless Payment - Major Change Planned for PayPal Customers

PayPal is introducing a contactless payment option at the checkout in Germany that allows users to pay at checkout terminals with the PayPal app, similar to Apple Pay or Google Pay. The new mobile wallet is being launched as the first of its kind worldwide. Users must install the latest version of the PayPal app to be able to use this feature. This development is made possible by the European Digital Markets Act, which allows alternative providers to access the NFC interface of iPhones. As a r..
Tagesschau - Wirtschaft und Börsen-Nachrichten
5. Mai 2025 um 13:03

Competition for Apple Pay PayPal Enables Checkout Payments

PayPal is launching its first contactless mobile wallet in Germany in the coming weeks, allowing payments at the checkout. Users can pay contactlessly at checkout terminals with their smartphones, similar to Apple Pay and Google Pay, as long as the latest version of the PayPal app is installed. This places PayPal directly in competition with these services and also enables installment payments for in-store purchases. The rollout is supported by the European Digital Markets Act, which allows ot..
heise online
5. Mai 2025 um 08:47

PayPal Announces Contactless Mobile Wallet for In-Store Payments | heise online

PayPal announces a new contactless mobile wallet feature for in-store payments. The feature will be integrated into the PayPal app and allows customers to pay with their smartphones anywhere contactless Mastercard payments are accepted. Germany is the first market where this feature is being launched. PayPal also offers an installment payment option and a cashback system for contactless payments in the app. With this offering, PayPal positions itself as an alternative to Apple and Google’s con..
n-tv.de
5. Mai 2025 um 14:08

Like Apple Pay and Google Pay: Paypal unlocks contactless payment by smartphone

Paypal is introducing contactless payment by smartphone in Germany, similar to Apple Pay or Google Pay. Users can use the Paypal app on their iPhone or Android smartphone to make contactless payments at store checkouts. Due to the Digital Markets Act, Apple was forced to open the iPhone's NFC interface to other providers as well. Paypal also offers the option to pay for purchases in installments, but with interest.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!