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January 27, 2017 10:00 pm

PayPal Has Been Talking With Amazon on Payments, CEO Says

A new feature could be coming to your Amazon checkout process. It's called PayPal. Amazon and PayPal are in talks about the possibility of the online retail giant supporting PayPal payments at checkout, PayPal CEO Dan Schulman said in an interview. While Schulman didn't say when -- or even if -- a deal might happen between the companies, he did tell Bloomberg that the companies are trying to determine how they can "use one another's assets to the mutual benefit" of their customers. From the report:"We're closing in on 200 million users on our platform right now. At that scale, it's hard for any retailer to think about not accepting PayPal," Schulman said.

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