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iWallet partners with PayPal to offer flexible payment options

By Delisha Fernandes

March 12, 2024

  • Contactless Payment Solution
  • Digital Payments
  • Fintech news
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iWallet paypal

iWallet, a FinTech startup that developed a payment app for home service businesses, has announced the integration of PayPal and Venmo.

Incorporating PayPal and Venmo into the payment flow fills a much-needed void that didn’t exist for multi-technician companies, leaving customers unsatisfied. Merchants using iWallet can now connect and easily reconcile to PayPal and Venmo’s fast, seamless payments while leveraging their robust security controls and tools for fraud management, disputes, and chargebacks.

“Adding the ability for customers to send payment via PayPal or Venmo in the home service industry democratizes payments,” said Jim Kolchin, iWallet Founder and CEO. “The PayPal and Venmo integration builds upon our commitment to innovation and expanding the accessibility of digital payments.”

As mobile wallets continue to increase in popularity, consumers will gravitate towards quick, contactless, and safe payment options. iWallet is focused on solving merchants needs and now home servicers can easily connect to their customers with PayPal’s secure payment option that is trusted by millions.

With fewer consumers carrying cash, small businesses are more dependent than ever on the ability to accept all forms of payments in the field. Offering customers the flexibility to pay for home services via PayPal or Venmo reflects the continuing evolution of a wildly popular app that offers a wide variety of payment methods to meet different consumer needs. Within minutes, home servicers can now accept PayPal and Venmo directly on their mobile devices.

As the company scales, iWallet continues to unlock free access to features that other processors charge for. Adding PayPal and Venmo provides home servicers with simple, flexible options and gives them the confidence that their payments are secure.

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