PayPal has ushered in a new era for customers, making it easier and more rewarding than ever to shop and pay with PayPal anywhere, anytime – both in stores and online. Now, customers have access to rich rewards, stackable cash back offers in the PayPal app, and more personalised ways to manage their spending – all with the safety and security PayPal is known for and the peace of mind they’re getting more money back in their pockets.
PayPal has been the go-to solution for online purchases, with the majority of US adults having used PayPal in the last five years. Now, with consumers looking for more ways to save money on every purchase, PayPal is expanding its reward programme and its availability to deliver an omnichannel solution to give consumers a smart choice for every purchase, every time. PayPal’s enhanced rewards include the ability to choose a monthly category of spending, such as groceries or clothing, to receive 5% cash back on up to US$1,000 in selected category spend per month when using their PayPal Debit MasterCard. Customers can also stack rewards on top of their monthly category by discovering and saving offers in the PayPal app from top brands, for example, if a customer selects Restaurant as their monthly category, they’ll receive 5% cash back and another 10% cash back [for a total of 15%] if they save a deal from DoorDash in the PayPal app, which will be automatically applied when checking out with PayPal online.
“We know that consumers are looking for smart, simple and safe ways to make their everyday purchases while also getting more value out of every transaction. That’s why millions of customers can now enjoy the trust and convenience they love about PayPal everywhere – both in-store and online, with access to rich rewards that put more money back in their pockets,” said Alex Chriss, President and CEO, PayPal.