PayPal Launches New Credit Card to Expand Retail Presence
WafricNews – June 3, 2025
In a move aimed at expanding its footprint beyond digital transactions, PayPal Holdings Inc. has announced the launch of a new credit card designed to strengthen its presence in physical retail spaces.
The new card, issued in collaboration with Synchrony Financial, marks another step in PayPal’s broader push into the financial services sector. It joins the company’s existing suite of offerings, which includes a well-established debit card and a 3% cash-back credit card.
As part of its debut, the credit card will offer a six-month promotional period of interest-free financing on eligible travel-related expenses, including flights and hotel stays. The initiative is part of PayPal’s strategy to position itself as a more versatile player in both online and in-store payments.
With this latest move, the California-based fintech firm continues to blur the lines between traditional banking and digital innovation.
By WafricNews Desk.
By WafricNews Desk.
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