PayPal launches new app

PayPal has announced the launch of its new personalised app.

New features and services include the UK-based PayPal Generosity Network – a platform where users can create, share, and promote fundraisers – and two-way messaging for peer-to-peer transactions.

Additionally, the app creates a single place to send and receive money to friends, family and businesses, pay with PayPal QR Codes, access and manage credit and 'Pay in 3’ services, buy, hold and sell cryptocurrency, as well as support charities.

The new PayPal app also includes a new dashboard providing a personalised view of a customer’s PayPal account including an at-a-glance carousel providing a snapshot of PayPal balance and upcoming ‘Pay in 3’ instalments; a Wallet tab to manage payment instruments and review payment and account activity; Finances which includes PayPal’s buy, hold, and sell cryptocurrency product; and the Payment Hub, which includes the ability to pay with QR Codes, as well as PayPal’s send and receive money features, international remittances, charitable and non-profit giving, and a two-way messaging feature to send notes of acknowledgment after peer-to-peer transactions.

“We’re excited to introduce the first version of the new PayPal app, a one-stop destination for our customers to take charge of their everyday financial lives,” said Dan Schulman, president and chief executive of PayPal. “Our new app offers customers a simplified, secure and personalised experience that builds on our platform of trust and security and offers PayPal customers in the UK new ways to support the causes close to their heart, send and receive money, buy, hold and sell crypto, manage Pay in 3, pay with QR Codes and much more in one app.”

    Share Story:

Recent Stories


Banking's GenAI evolution: Beyond the hype, building the future
In the first episode of a three-part video podcast series sponsored by HCLTech, Sudip Lahiri, Executive Vice President & Head of Financial Services for Europe & UKI at HCLTech explores how financial institutions can navigate the transformative potential of Generative AI while building lasting foundations for innovation.

Beyond compliance: Transforming document management into a strategic advantage for financial institutions
In this exclusive fireside chat, John Rockliffe, Pre-Sales Manager at d.velop, discusses the findings of Adapting to a Digital-Native World: Financial Services Document Management Beyond 2025 and explores how FSIs can turn document workflows into a competitive advantage.

Sanctions evasion in an era of conflict: Optimising KYC and monitoring to tackle crime
The ongoing war in Ukraine and resulting sanctions on Russia, and the continuing geopolitical tensions have resulted in an unprecedented increase in parties added to sanctions lists.

Achieving operational resilience in the financial sector: Navigating DORA with confidence
Operational resilience has become crucial for financial institutions navigating today's digital landscape riddled with cyber risks and challenges. The EU's Digital Operational Resilience Act (DORA) provides a harmonised framework to address these complexities, but there are key factors that financial institutions must ensure they consider.