PayPal boosts physical store presence through introduction of new credit card

PayPal

PayPal boosts physical store presence through introduction of new credit card

PayPal Holdings Inc. is set to launch a new credit card as part of its strategy to strengthen its presence in physical retail locations.

The card, issued by Synchrony Financial, will expand PayPal’s lineup of financial products, which already includes a long-standing debit card and a 3% cash-back credit card.

The California-based company said the new credit card will feature a six-month promotional offer of no-interest financing on eligible travel purchases, such as flights and hotel bookings.

This initiative is aimed at boosting PayPal’s visibility and usage in in-person transactions, complementing its strong online presence.

Click here for more