PayPal Expands into U.S. Point-of-Sale Payments with Apple Wallet Integration, 5% Cashback Rewards

Sep 5, 2024, 12:47 PM

PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet. This move includes offering cashback rewards of up to 5% for some products, capped at $1,000 per month. The initiative aims to make it easier and more rewarding for customers to shop and pay with PayPal both in stores and online. PayPal's integration with Apple Wallet marks a significant step in its efforts to become a go-to payment option for millions of customers. The cashback rewards and Apple integration are key elements of this expansion.