PayPal will debut its first contactless mobile wallet in Germany this summer, enabling users to tap-to-pay at any Mastercard terminal, finance in-store purchases with BNPL options, and earn cash-back through in-app offers. The move positions PayPal to compete in Europe's expanding mobile payments market, following Apple’s regulatory concession to open its tech to rivals. CEO Alex Chriss previously said PayPal is prepared to capitalize on these opportunities.
PayPal Launches Contactless Wallet in Germany with BNPL and Rewards
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