Around the world, hundreds of millions of people use PayPal. The financial tech company makes sending and receiving funds relatively simple. PayPal users can likewise get debit cards which offer cashback rewards on purchases of groceries, fuel, and more.
Thanks to the platform’s streamlining of online purchases (without any need for currency conversion), users have found PayPal meets their needs in both professional and personal capacities. Suffice it to say, this app is not going away anytime soon.
In fact, as the year gets started, PayPal is working to increase effectiveness and convenience for its hundreds of millions of customers. One of the latest steps in this direction involves the use of artificial intelligence (AI) to further facilitate transactions.
What to know about the latest embrace of AI from PayPal
Last week, PayPal announced its decision to include six new, AI-fueled components in its platform. All of them will center around boosting merchant sales, customizing the offers promoted to individuals, and simplifying the checkout process.
