Tag Archives: businesses

OpenAI signs deal with PayPal to let users link wallets to ChatGPT for transactions

ChatGPT is set to make it easier for users with PayPal accounts to buy and sell products and services directly through the platform. PayPal and OpenAI have announced a new partnership that will allow users to link their PayPal wallets to ChatGPT, streamlining transactions and enhancing the user experience.

This integration is expected to roll out in early 2026, bringing a range of benefits for both consumers and merchants. PayPal recently confirmed the deal in a press release published on its newsroom website.

As part of the collaboration, PayPal will adopt the “Agentic Commerce Protocol (ACP)” to connect its payment and commerce system with ChatGPT. This innovation will enable users to conduct seamless transactions without ever leaving the ChatGPT interface.

For merchants using ChatGPT to sell goods or services, PayPal will integrate its extensive merchant network, empowering small businesses and brands to carry out transactional business directly within the platform. This move presents a significant opportunity for PayPal to expand its merchant and commerce markets into a vibrant and dynamic ecosystem.

PayPal President and CEO Alex Chriss highlighted the potential of this partnership, emphasizing its role in driving growth and innovation within the company’s commerce strategy. With the fusion of ChatGPT’s capabilities and PayPal’s robust payment infrastructure, users and merchants alike stand to benefit from a more connected and efficient digital marketplace.
https://www.shacknews.com/article/146549/openai-paypal-deal-wallet-chatgpt