PayPal to Offer Payments in ChatGPT

<p class&equals;"prntac"><strong><span class&equals;"legendSpanClass"><span class&equals;"xn-location">SAN JOSE <&sol;span><&sol;span><&sol;strong>&&num;8212&semi; PayPal plans to adopt the Agentic Commerce Protocol &lpar;ACP&rpar; to expand payments and commerce in ChatGPT&period; Millions of ChatGPT users will be able to check out instantly using PayPal&comma; and PayPal will support payments processing for merchants leveraging OpenAI Instant Checkout&period; PayPal will also connect its global merchant network to OpenAI&comma; creating a platform for tens of millions of small businesses and the largest brands in the world to sell within ChatGPT&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Hundreds of millions of people turn to ChatGPT each week for help with everyday tasks&comma; including finding products they love&comma; and over 400 million use PayPal to shop&comma;&&num;8221&semi; said <span class&equals;"xn-person">Alex Chriss<&sol;span>&comma; President and CEO of PayPal&period; &&num;8220&semi;By partnering with OpenAI and adopting the Agentic Commerce Protocol&comma; PayPal will power payments and commerce experiences that help people go from chat to checkout in just a few taps for our joint customer bases&period;&&num;8221&semi;<&sol;p>&NewLine;<p>This partnership unlocks the convenience of PayPal&&num;8217&semi;s wallet in Instant Checkout&comma; including multiple funding options such as bank&comma; balance&comma; and cards&comma; as well as PayPal&&num;8217&semi;s buyer and seller protections&comma; and post-purchase services such as tracking and dispute resolution&comma; benefits that consumers value when checking out with PayPal&period;<&sol;p>&NewLine;<p>PayPal will also support OpenAI Instant Checkout through the delegated payments API&comma; managing payment processing for card payments&period;<&sol;p>&NewLine;<p>For the tens of millions of merchants who use PayPal&comma; ACP will bring in 2026 the product catalogs of small businesses as well as marquee retail brands across apparel&comma; fashion&comma; beauty&comma; home improvement&comma; and electronics to ChatGPT commerce&comma; via PayPal&&num;8217&semi;s ACP server—a trusted&comma; scalable&comma; and compliant access layer to a global network of merchants that will not require individual merchant integrations&period; PayPal will manage merchant routing&comma; payment validation&comma; and orchestration behind the scenes&period; This integration will make millions of products discoverable and purchasable through ChatGPT&period;<&sol;p>&NewLine;<p>Under this partnership&comma; PayPal is also expanding its AI strategy with OpenAI beyond commerce — scaling access to ChatGPT Enterprise for its 24&comma;000&plus; employees&comma; enabling engineers with Codex&comma; and broadly expanding direct use of OpenAI&&num;8217&semi;s APIs&period; Together&comma; this empowers PayPal to accelerate product development&comma; boost employee impact&comma; and raise the bar on customer experiences&period;<&sol;p>&NewLine;

Editor

SciFin Debuts With $44 Million Seed Funding

SAN FRANCISCO -- SciFin, a company that helps revenue teams turn fragmented information into timely…

1 day

Sapiom Scores $35 Million for AI Agents

SAN FRANCISCO -- Sapiom, a platform builders use to ship, run, and scale AI agents,…

1 day

New Apple CEO Ternus Receives $3 Million Salary

John Ternus [pictured] officially took over as CEO of Apple Inc. on September 1, with…

1 day

Gimlet Labs Valued at $3 Billion With $300 Million Round

SAN FRANCISCO -- Gimlet Labs, an Applied AI research and product company, has raised $300…

3 days

Adobe Executive Named New CEO

SAN JOSE — Adobe's Board of Directors announced that Anil Chakravarthy, president of Adobe’s Customer…

3 days

Goldman Sachs Leads $240 Million Round in Owner

SAN FRANCISCO -- Owner -- an AI platform for small businesses - has raised $240…

6 days