Microsoft Deepens Relationship with PayPal to Offer Simple, Flexible Payment Options
LONDON, UK, July 26, 2023 -- PayPal Holdings, Inc. (NASDAQ: PYPL) and Microsoft Corp. (Nasdaq: MSFT), today announced Microsoft’s integration of PayPal’s Pay Later solution in the U.S., U.K., Australia, Germany, France, Spain, and Italy. The new integration will offer customers more flexible ways to pay and help increase customer loyalty.
“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, as well as Microsoft 365’s product suite,” 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 Pay Later will provide several additional benefits to Microsoft’s customers and its business as eligible consumers will now be able to pay for their purchases evenly over the course of weeks or months in fixed amounts1, providing flexibility in how to pay and helping customers to better manage their budget.
“At Microsoft, our commitment to creating the best experience for customers 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.”
To learn more about using PayPal Pay Later for Microsoft purchases, visit: https://www.microsoft.com/en-gb/store/b/paypal
1 Consumer eligibility is subject to status and approval. Product features differ by market. See relevant product terms for more details.
About PayPal
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering hundreds of millions of consumers and merchants in more than 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com.
About Microsoft
Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.