PayPal is ready to launch its super app, capable of adding a wide range of useful features to improve the use of the platform. The company therefore seems interested in adding various ancillary services to its offer, such as the implementation of a messaging mechanism, support for cryptocurrencies and real banking services.
PayPal: all ready for the launch of the super app
To renew the PayPal offer, in addition to the functions mentioned at the beginning, another additional functionality of e-commerce. In this regard, the company acquired the suite a few years ago Honey which will most likely be integrated directly into the new application. The idea seems to be to begin to penetrate into new markets, up to the entertainment one.
PayPal users will be able to browse discounts and offers within the app and then make purchases via the in-app browser. Offers can be saved in the wallet for future use, so they can be applied if you make purchases later and customers can also join a loyalty program, thanks to which it is possible to earn cashback and credit for subsequent purchases.
These changes lead PayPal from being a simple means of payment to being a more complete app dedicated to economic transactions. While PayPal does not aim to become a “bank” in the true sense of the word, the new app offers a range of competitive features for those who would like to transfer their savings to new bank accounts, such as Chime or Varo.
By enabling direct deposit, PayPal users can be paid up to two days in advance, which is one of the biggest benefits considered by those who prefer digital banking compared to traditional banks.
Finally, there are also some interesting partnerships in the sector of betting. In fact, PayPal online bets should ensure security and privacy, as well as offer various advantages ranging from the simplicity of deposits and withdrawals to the speed of timing.