PayPal's open digital payments platform enables their 325M active account holders to connect and transact, whether they are online, on a mobile device, in an app, or in person. Available in more than 200 markets, the PayPal platform, including Braintree, Venmo and Xoom, enables clients to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold PayPal balances in 25 currencies.
PayPal and Bold work together to provide Magento brands the ability to bring innovation, flexibility and customization to their checkout through Bold Checkout, while staying on their Magento platform.
Why Bold and PayPal
Aligning with PayPal offers numerous advantages, encompassing widespread acceptance of payments, heightened security protocols, and a streamlined checkout procedure. Leveraging PayPal's well-established reputation as a universally trusted payment solution enables businesses to reach a diverse customer base. Additionally, the incorporation of PayPal into the payment system has the potential to increase conversion rates by providing customers with a recognizable, secure, and convenient payment option, consequently reducing the likelihood of abandoned shopping carts.
A distinctive benefit of integrating with PayPal lies in the accessibility to various alternative payment methods associated with the platform. Furthermore, enterprises utilizing PayPal Checkout in conjunction with Smart Payment Buttons (PPCP) can diversify payment options for customers, including credit and debit cards. This adaptability not only caters to a range of customer preferences but also enriches the overall checkout experience.