Using Open Banking for cross border business payments

About PayPal

PayPal is one of the world’s leading fintech companies, serving more than 330 million consumers and merchants in more than 200 markets worldwide.

They are an American company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper methods like checks and money orders.

What's the Open Banking use case?

PayPal is implementing Open Banking and account aggregation services into some customer user experiences.

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PayPal screenshots

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