Microsoft & PayPal integrate to offer PayPal’s Pay Later solution
By Delisha Fernandes
PayPal and Microsoft have announced Microsoft’s integration of PayPal’s Pay Later solution in the US, UK, Australia, Germany, France, Spain, and Italy.
This integration will offer customers more flexible ways to pay and help increase customer loyalty. In addition, customers in the US will soon have the option to pay with Venmo in the Microsoft Store.
PayPal is leveraging technology to make financial services and commerce more convenient, affordable, and secure for many consumers and merchants.
“For over 16 years, PayPal checkout has been a trusted method for Microsoft Store customers to purchase products like Surface devices and Xbox consoles and accessories,” said Kurt Campisano, SVP of Strategic Accounts, PayPal. “We are thrilled to expand our partnership with Microsoft to offer them access to our full suite of capabilities that will create a beautiful customer experience across the entire shopping journey.”
PayPal’s Pay Later solution allows eligible consumers to pay for their purchases evenly over weeks or months in fixed amounts, providing flexibility in paying and helping customers better manage their budgets. Venmo’s integration will help improve the customer experience by enabling a quick and simple checkout process in the Microsoft Store, allowing consumers to purchase subscriptions or split payments upon purchase.
“At Microsoft, our commitment to creating the best customer experience is at the centre of everything we do, whether it’s for entertainment or productivity,” said Ajith Thekadath, Vice President of Global Payments Microsoft. “The addition of new PayPal payment method options delivers on this commitment and offers even more flexibility for customers with tools that work for them and their goals.”
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