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Report: PayPal Explores Offline Payments as DMA Looms
PYPLPayPal(PYPL) PYMNTS·2024-02-08 21:20

Is PayPal getting ready to offer “offline” payments?The company seems to be indicating a move in that direction as new European Union regulations go into effect for its partner Apple, per a report Thursday (Feb. 8) by TechCrunch. As that report noted, the coming Digital Markets Act (DMA) — while aimed at tech giants like Apple — would impact PayPal by allowing third-party apps to access the near-field communication (NFC) technology that powers Apple Pay. Under the new guidelines, iPhone users will be able t ...