PayPal Adds Apple Pay for Small Businesses

<p><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN JOSE<&sol;span><&sol;span><&sol;strong> &&num;8212&semi; PayPal Holdings has added new features to its complete payments solution for small businesses&comma; including the ability to accept Apple Pay&period; The solution enables small businesses to accept a range of payments including PayPal&comma; Venmo and PayPal Pay Later products&period;<&sol;p>&NewLine;<p>Giving customers more choice in how they can pay can help drive checkout&period; Fifty-nine percent of respondents of a recent Ponemon Institute study said their customers frequently abandon their shopping cart when their preferred payment method is unavailable&period; PayPal&&num;8217&semi;s complete payments solution also enables small businesses to process card payments directly on their website&comma; and customize the checkout experience to match the look and feel of their brand&comma; all through a single integration&period;<&sol;p>&NewLine;<p>PayPal will also give small businesses access to four new features to help them drive payment acceptance and enhance how they run their business&period; This will include Apple Pay as a checkout option&comma; the ability for customers to save payment methods with the PayPal vault for faster future checkout&comma; real-time account updater to help customers keep their payment methods up to date&comma; and access to IC&plus;&plus; pricing&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The retail landscape is constantly evolving and SMBs need access to a range of tools to help them drive sales&comma; cut costs and protect themselves and their customers from fraud&comma;&&num;8221&semi; said <span class&equals;"xn-person">Nitin Prabhu<&sol;span>&comma; VP&comma; Merchant Experiences and Payment Solutions&comma; PayPal&period; &&num;8220&semi;With our complete payments solution&comma; small businesses can get access to all of these tools with one integration&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Small businesses that are leveraging PayPal&&num;8217&semi;s complete payments solution will now be able to accept Apple Pay alongside a variety of other popular payment options&period; Apple Pay offers their customers an easy&comma; secure and private way to pay online and in-apps when using Apple devices&period;<&sol;p>&NewLine;<p>To help keep small businesses secure in an environment where fraud is on the rise&comma; PayPal&&num;8217&semi;s complete payments solution will continue to offer Fraud Protection&comma; Chargeback Protection and Seller Protection&comma; on eligible transactions&period; Processing fees for card payments&comma; alternative payment methods and other digital wallets&comma; are just 2&period;59&percnt; &plus; <span class&equals;"xn-money">49 cents<&sol;span>&period; Pricing for PayPal payments is 3&period;49&percnt; &plus; <span class&equals;"xn-money">49 cents<&sol;span>&period;<&sol;p>&NewLine;