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PayPal and Venmo are Adopting Apple Pay and More

9to5Mac | Chance Miller | Nov 3, 2022

PayPal and Venmo to adopt Apple Pay - PayPal and Venmo are Adopting Apple Pay and More

PayPal made these announcements in an update to investors as part of its Q3 2022 earnings release. As one of its “strategic initiatives and business updates,” the company says it is “working with Apple to enhance our offerings for PayPal and Venmo merchants and consumers.”

There are different components to today’s announcement from PayPal, which also owns the popular peer-to-peer payment platform Venmo. Here they are:

  • Leveraging Apple’s Tap to Pay on iPhone technology, US merchant will soon be able to accept contactless debit or credit cards and mobile wallets, including Apple Pay, using an iPhone and the PayPal or Venmo iOS app.

See: 

PayPal Finally Allows Users to Transfer Crypto to Other Wallets and Exchanges

PayPal’s role in EU Antitrust complaint about Apple Wallet

  • Adding Apple Pay as a payment option in PayPal’s unbranded checkout flows on merchant platforms, including the PayPal Commerce Platform.
  • Next year, US customers will be able to add PayPal and Venmo network-branded credit and debit cards to Apple Wallet and use them anywhere Apple Pay is accepted.

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