PayPal Evolution Timeline

Launch of Instant Buy enabling seamless one-click checkouts within Perplexity AI’s chat experience for U.S. users, powered by PayPal’s wallet for personalized shopping ahead of Black Friday.

First-ever collaboration with a Premier League club, making PayPal the official digital payments partner for Liverpool FC to enhance payments for global football fans.

Renewed agreement allowing KKR to purchase up to €65 billion in eligible PayPal buy now, pay later loans originated in Europe through March 2028.

Relaunch of PayPal in the UK featuring a unified online and in-store payment experience plus the first free loyalty program, PayPal+, for enhanced rewards and flexibility.

Introduction of Venmo Stash, a new rewards system where cash back multiplies based on user engagement and activity within the Venmo platform.

Launch of PayPal Pay in 4 with no fees for millions of Canadian shoppers, providing flexible payment options at participating online stores.

Introduction of agentic commerce services including agent ready and store sync to help merchants thrive in AI-driven shopping.

Team-up to power instant checkout and agentic commerce in ChatGPT, making PayPal’s merchants discoverable and enabling seamless purchases within the app.

Launch of AI-driven shopping services with partnerships including Wix, Cymbio, Commerce, and Shopware for product discovery in AI platforms like Perplexity; built with NVIDIA Nemotron open models.

First-of-its-kind partnership reinventing rent and mortgage payments nationwide, allowing Bilt Members to pay with Venmo starting early 2026, with in-app commerce strategy.

New embedded payment service delivering seamless merchant experience, advanced BNPL options, and a unified balance dashboard, launching for US merchants in 2026.

Limited-time 5% cash back on Buy Now, Pay Later purchases (in-store/online); introduction of Pay Monthly for in-store flexible payments.

A tool for small businesses to create and sell ads on their sites, accessing high-margin retail media revenue previously limited to large brands (launching early 2026).

Collaboration for faster, more transparent payments for merchants and marketplaces worldwide, reducing costs and improving global trade efficiency.

Partnership enabling Ooredoo’s nearly 2 billion users to send money, shop online/in-store, and use AI agents cross-border via PayPal’s global network.

Integration of AI into Honey for smarter deal-finding, even with AI recommendations, to help users shop faster and save more during holidays.

PYUSD deployed on Stellar for low-cost cross-border payments; integrations with LayerZero for multi-chain distribution (e.g., Aptos, Sei, Tron); investment in Stable for permissionless PYUSD version.

Funding for innovation, entrepreneurs, and startups in the Middle East and Africa, including new deals and expansion via the Dubai hub.

Deep integration of PayPal’s payments and agentic commerce tools into Google’s platforms, enabling billions of users to shop, pay, and interact seamlessly.

Personalized links for sending/receiving money via text, email, or DM, with upcoming crypto support (e.g., Bitcoin, Ethereum, PYUSD) across PayPal, Venmo, and wallets.

A new hub in the PayPal app to manage subscriptions, update payments, and access exclusive offers, including free Perplexity Pro AI and early Comet browser access (with Venmo).

New checkout option allowing merchants to accept 100+ cryptocurrencies from eligible wallets, reducing international fees by up to 90% and providing instant fund access.

Full integration of PayPal’s payment solutions into Wix, providing merchants with a unified dashboard for transactions, reports, and payouts.

Integration with major global payment systems (e.g., Mercado Pago, NPCI, Tenpay) for seamless cross-border payments, shopping, and transfers between PayPal and Venmo.

Collaborations with Big Ten and Big 12 conferences to enable secure payments to student-athletes, plus campus integrations for tuition, spending, and more via PayPal/Venmo.

Partnership with Selfbook and Perplexity AI for one-chat search, booking, and payment of hotels, with exclusive rates via PayPal/Venmo and BNPL options.

A new physical Mastercard-linked card for PayPal Credit users, usable anywhere Mastercard is accepted, with promotional financing options for travel purchases.

New hub to support cross-border growth, AI innovations, smart wallets, and digital experiences in the Middle East and Africa (MEA) region.

U.S. users can earn rewards on PYUSD holdings in PayPal wallets, with a waitlist for early access to incentivize stablecoin usage.

Added support for buying, holding, selling, and transferring LINK and SOL tokens directly in PayPal and Venmo wallets for U.S. users.

Launch of PayPal’s advertising platform in the UK, enabling merchants to run targeted ads based on shopping data to drive sales and engagement.

Integration allowing instant conversions between PYUSD and Ondo’s tokenized U.S. Treasuries (OUSG), enhancing liquidity for real-world asset (RWA) investments.

A new in-app feature for users to easily collect and manage shared funds with friends/family for group expenses like gifts, travel, or events.

Enables seamless movement of PYUSD between Ethereum and Solana blockchains, providing users with more flexibility and frictionless transfers.

Enhanced rewards including 5% cash back on selected monthly categories, stackable offers, auto-reload, and debit card integration with Apple Wallet.

Expanded partnership to streamline checkout experiences for US businesses using Fiserv’s Clover platform.

Expansion of PayPal’s stablecoin PYUSD to the Solana network for faster, lower-cost transactions, enabling better commerce use cases alongside Ethereum.

Allows eligible U.S. users to convert PayPal USD (PYUSD) stablecoin to USD to fund international transfers via Xoom, with no transaction fees for sending money abroad.

All-in-one payment platform for small businesses, integrating payments, subscriptions, and more.

Launch of Tap to Pay on iPhone for businesses using Venmo and PayPal Zettle apps in the US, allowing contactless payments without additional hardware.