Wix expands PayPal partnership
0
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.
Now available as a built-in part of Wix Payments, this provides U.S.-based merchants a unified, seamless experience that simplifies backend operations and ultimately supports higher checkout conversion.
With this deeper integration, PayPal is now available directly in the Wix Payments platform. Merchants can connect their PayPal Business account and manage all transactions from a single dashboard alongside their Wix Payments activity. This setup consolidates reporting, chargebacks, and payouts, helping merchants streamline day-to-day operations and deliver more flexible payment options to customers. Merchants also gain access to PayPal's broader suite of features, including PayPal Pay Later (BNPL) and Venmo, offering customers more flexible and convenient ways to pay.
Funds from PayPal wallet purchases flow directly into merchants' Wix Payments accounts, simplifying reconciliation and improving visibility over cash flow. This seamless integration gives merchants greater operational efficiency and control, while offering consumers more flexible ways to pay. In addition, as part of this integration, PayPal will also serve as a Payment Service Provider (PSP), powering card processing capabilities within Wix Payments – further streamlining the merchant experience across channels.
'We're always looking for ways to create more seamless experiences for our users and provide them with the best way to accept payments and manage funds online, in person, and on the go,' said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments. 'By bringing PayPal under the Wix Payments umbrella, we gain significantly more control over the user experience and how PayPal's products are delivered to our merchants. This deeper integration allows us to improve conversion, offer more value, and drive stronger profitability, while giving our users a faster, more unified checkout flow.'
'At PayPal, we share Wix's commitment to helping businesses grow by giving them faster, more flexible access to the capital they need,' said Michelle Gill, Executive Vice President and General Manager, Small Business & Financial Services, PayPal. 'By embedding PayPal's most popular payment methods—like PayPal Wallet and PayPal Pay Later—directly into the Wix Payments experience, we're not just enhancing checkout. We're enabling merchants to get paid quickly, manage everything in one place, and unlock new ways to serve their customers and scale their business.'
Wix Payments offers small businesses a more streamlined way to manage payments through its platform. Users can handle transactions online, in person, or on the go using a range of secure payment options, designed to accommodate different customer preferences at checkout. With a full suite of options, merchants can adjust preferences to improve conversion rates and simplify day-to-day operations, and manage everything from a single dashboard, making it easier to track and report payments. Learn more about Wix Payments here.
This solution is available to U.S.-based Wix Payments users with plans to make this feature available in more regions over time.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Finextra
a day ago
- Finextra
Klarna considers autumn IPO revival
After pausing plans for its initial public offering amid market turbulence in the spring, Klarna is looking to revive its listing this autumn. 0 The buy now, pay later giant and its advisers are preparing to go public in September or October, according to a Sky News, citing a memo. However, no firm decision has been made with the move only expected if market conditions are conducive. In April, the Swedish company paused plans to list its ordinary shares on the New York Stock Exchange amid market turbulence sparked by President Donald Trump's tariffs. The firm had been looking to raise in the region of $1 billion with a market valuation of $15 billion. Having made its name as a BNPL pioneer, Klarna is busy diversifying. Last week it scored an Electronic Money Institution licence from the UK's FCA, paving the way for a full-frontal assault on the retail banking market.
Daily Mirror
3 days ago
- Daily Mirror
Young Brits warned against using Buy Now Pay Later to fund everyday purchases
New research from Money Wellness suggests that the rising popularity of Buy Now Pay Later plans - particularly among Gen Z - to fuel day-to-day spending can "easily spiral" Buy Now Pay Later schemes may not be as 'risk-free' as Gen Z has been led to believe. Buy Now Pay Later (BNPL) plans have become increasingly popular with Gen Z for funding everyday purchases as well as one-off luxuries but new research suggests these plans are fuelling a growing reliance on short-term credit. A survey by the financial support provider, Money Wellness, reveals that BNPL schemes are blurring the line between money management and debt. Gen Z is particularly vulnerable with an increasing reliance on BNPL to fund day-to-day life. According to a survey of BNPL users aged 18-28, 55% use them to pay for holidays and festival tickets while 43% says it lets them enjoy luxuries they couldn't otherwise afford. Additionally, of the surveyed Gen Z who use BNPL, 43% believe it is a risk-free way to spread the cost of spending. Sebrina McCullough, director of external relations at Money Wellness, says: 'BNPL is often seen as a risk-free way to spend and it's easy to understand why. Interest-free deals and simple sign-up processes make it feel more like a payment method than borrowing. 'But it is still credit, and when you're using it on top of other credit or to fund a lifestyle you can't afford, the risks start to build,' she says. According to Money Wellness, the findings suggest many young people are using BNPL to access experiences and items that would otherwise be out of reach. With long-term goals like homeownership becoming less realistic, some are choosing short-term enjoyment over saving. The company also revealed that there has been a 58% year-on-year increase in the number of people seeking help for BNPL debt, with an average outstanding balance of £711. BNPL plans can be increasingly tricky when they start to accumulate. Nearly 60% of BNPL users are juggling 2–5 active BNPL plans at any one time and while 88% say they've never missed a BNPL payment, most admit to using other types of credit alongside it, including credit cards, overdrafts, store cards, car finance and personal loans. McCullough adds: 'What's worrying is how embedded BNPL has become in day-to-day spending. Once you're juggling multiple repayment plans and other debts on top, it can easily spiral. We often see people coming to us when they're already overwhelmed, unsure where their money's going each month.' For more stories like this subscribe to our weekly newsletter, The Weekly Gulp, for a curated roundup of trending stories, poignant interviews, and viral lifestyle picks from The Mirror's Audience U35 team delivered straight to your inbox. The growing prevalence of Buy Now Pay Later schemes has forced the UK Government to step in. In May 2025, HM Treasury announced new rules to end the 'Buy Now Pay Later wild west' to protect the over 10 million people who use these type of products. According to Emma Reynolds, Economic Secretary to the Treasury: 'Buy-Now, Pay-Later has transformed shopping for millions, but for too long has operated as a wild west - leaving consumers exposed.' The new rules will include affordability checks to stop people racking up unaffordable debt and faster access to refunds. On July 18, 2025, the government confirmed it will bring BNPL under the regulation of the Financial Conduct Authority (FCA) from 2026. McCullough says: "Regulation can't come soon enough". 'While we welcome the FCA's involvement, the new rules won't be in place for months. Until then, we're urging people to approach BNPL with caution and make sure they've got a plan to repay.' She added: 'Used within affordable limits, BNPL can work for some people. But if you find yourself relying on it regularly or using it to cover everyday costs, it might be a sign that you need a bit of support.'
Finextra
3 days ago
- Finextra
The top payments stories you missed in July 2025
0 This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Catch up on Finextra's most-read Payments stories from last month. Australian banks launch nationwide Confirmation of Payee scheme Confirmation of Payee (CoP) has officially arrived in Australia, with Australian banks having started the roll-out of the nationwide scheme early in July. Even though Australia is one of the only countries where scam losses were reducing, banks have invested $100 million in the name-matching technology to further drive down losses. Bank of England mulls shelving of digital pound The BofE is allegedly willing to step back from the digital pound if private businesses continue to roll out new electronic-payment technologies. According to sources from Bloomberg, staff believe the gains from moving ahead with the launch have diminished, and have instead been privately urging the industry to accelerate payment innovations that could result in similar benefits. The Finextra news desk writes: 'The Bank's current thinking is in stark contrast to that taken by the European Central Bank, which is accelerating work on a digital euro to keep up with the 'ambitious pace' set by EU leaders. The project's urgency increases in the face of geopolitical challenges, including an increasingly hostile United States under Donald Trump.' PayPal unveils integration with domestic wallets across the world PayPal has announced multiple global partnerships to integrate many of the world's largest digital wallets and payment systems in a single platform. Named Paypal World, the new initiative aims to connect almost two billion users globally and is designed to transform the way people send money in-store online, as well as with AI agents across borders. Launch partners, apart from PayPal, include Venmo, Mercado Pago, NPCI International Payments Limited (UPI), and Tenpay Global. PayPal unveils 'Pay with Crypto' feature It has been a busy month at PayPal. The company also announced a new service, called Pay with Crypto, to enable US businesses to accept payments in over 100 cryptocurrencies. The service, which is expected to become available within weeks, will let customers pay with cryptocurrencies such as bitcoin and Ethereum, as well as stablecoins including USDC. They will also be able to use wallets such as Coinbase and MetaMask. The service is designed to simplify cross-border commerce for merchants by allowing payments in crypto to automatically convert to fiat or stablecoin, and also help cut transaction fees by up to 90% when compared to credit cards. $17 million taken in TikTok ATM scam Earlier in July, a fault in a youth job programme card scheme allowed $17 million to be withdrawn and lost across New York City. The programme had issued around 30,000 cards to 14-to 24-year-olds who could not be paid via direct deposit, and were only designed to give users access to that week's earnings. However, a fault allowed users to withdraw as much as $40,000 per ATM. As the fault went viral on social media, some users even sold their cards for $1,000. Mastercard unveils A2A Protect in the UK As account-to-account (A2A) payment fraud has soared to £592 million in the UK last year, Mastercard has rolled out a new service to help banks protect consumers from A2A payment fraud and resolve disputes. A2A Protect will initially focus on the most pressing concerns, such as Authorised Push Payment (APP) fraud. The service also includes a uniform procedure for banks to resolve disputes and recover funds, across multiple use cases. Future phases will, among other features, include processes for recovering funds across a broader range of scenarios. Bailey and Reeves clash over Revolut banking licence - FT In July 2024, Revolut finally won its hard-fought-for UK banking license. The approval triggered a 'mobilisation' stage while building out its controls and infrastructure, which was expected to end after 12 months. However, in July 2025, the approval anniversary came and went without an update. The Financial Times reports that efforts to accelerate Revolut's authorisation as a fully-licenced bank failed over a clash between The Bank of England governor Andrew John Bailey and chancellor Rachel Reeves. The Treasury commented in the FT: 'The chancellor and the governor have a strong and productive relationship and the government fully supports the operational independence of the Bank of England.' The BoE and Revolut declined to comment.
