| Janet Chappell - The improvements to help you supercharge conversion. | | | | |
| Hello Janet Chappell, As we all prepare for the biggest days of the retail season, I want you to know that the entire PayPal team is committed to delivering exceptional shopping experiences for you and your customers. We know that today’s consumers expect speed and simplicity at checkout. If the experience is too complicated, they’ll abandon the purchase. In January, we shared new checkout experiences designed to significantly improve conversion. We’ve completed testing over the past few quarters and are now bringing these new experiences to you. Together, our checkout innovations are driving conversion with the low-friction experiences that customers expect: - Early results from the latest Pay with PayPal experience show an incremental 3-7% lift1
- Fastlane by PayPal, our accelerated guest checkout, drives an average 67% conversion for shoppers with Fastlane profiles2
- PayPal Pay Later increases AOV by up to 55%3, giving shoppers flexibility to pay over time
- Pay with Venmo lets 92M4 active consumers who love Venmo, pay with their balance
There has never been a better time to be part of the PayPal community. I’m excited to deliver a solid holiday season for our customers and hope that you’ll take advantage of our latest checkout innovations—the smartest way for your customers to pay. Alex Chriss President and CEO, PayPal | | |
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| | | | | Help & Contact | Security | Download App | | | | 1 Based on PayPal internal data from early AppSwitch adopter merchants from October 21 – 28, 2024. (n=3) 2 Based on PayPal internal data from August 2 – September 30, 2024. (n=947) 3 55% increase in AOV as compared to standard PayPal AOVs. Based on an internal data analysis of Pay Later retailers, October 2020 through August 2023. Data inclusive of transactions using PayPal Pay Later products across 7 markets (US, UK, AU, DE, FR, IT, ES). 4 PayPal internal data, 2023. | This email was sent to PaidmeLLC@gmail.com because your email preferences are set to receive "News and Promotions". Click here to Unsubscribe. Please do not reply to this email. We are unable to respond to inquiries sent to this address. For immediate answers to your questions, visit our Help Center by clicking "Help" located on any PayPal page or email. PayPal, Inc. is Licensed as a Money Transmitter by the New York State Department of Financial Services. PayPal, Inc., NMLS #910457, License #FT3345, Massachusetts Foreign Transmittal License. PayPal, Inc., Transmit Money By Check, Draft or Money Order By The Department of Banking, Commonwealth of Pennsylvania. PayPal, Inc. Rhode Island Licensed Money Transferor. PAYPAL, INC., NMLS #910457, LICENSE #34967, IS LICENSED BY THE GEORGIA DEPARTMENT OF BANKING AND FINANCE. PayPal, Inc. is Licensed by the State of Connecticut Department of Banking to perform Money Transmission, NMLS #910457, License Number MT-910457. PayPal is committed to your privacy, learn more about our privacy policy. Copyright © 2024 PayPal, Inc. All rights reserved. PayPal is located at 2211 N. First St., San Jose, CA 95131. | | 500290 23839 | | | | | | | |
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