PayPal and Verifone Announce a New Payment Solution for Global Businesses. PayPal Holdings Inc. (NASDAQ: PYPL) and Verifone have announced an expanded strategic partnership to deliver seamless omnichannel payment solutions for enterprise retailers. This collaboration will integrate Verifone’s in-store payment technology with PayPal’s enterprise and eCommerce payment processing capabilities, known as Braintree. As a result, retailers will benefit from a scalable and flexible omnichannel payment solution that streamlines transactions across digital and physical commerce. Leveraging Verifone’s expertise in hardware-based payment solutions and PayPal’s robust processing infrastructure, the partnership is set to accelerate adoption and support retailers globally.
“This partnership marks a significant shift in how PayPal approaches the omnichannel enterprise market,” said Alex Chriss, President and CEO of PayPal. “By working with Verifone, we are unlocking a new path for widespread adoption of in-store payments, allowing us to scale quickly and bring the full power of PayPal to the global retail community.”
With this extended collaboration, PayPal and Verifone are well-positioned to support retailers across multiple industries—including large-scale retail, grocery, quick-service restaurants, ticketing, entertainment, consumer electronics, fashion, and more. This initiative will enable businesses to capitalize on opportunities in the global retail market and drive growth.
“By integrating Verifone’s robust and secure in-store payment solutions with PayPal’s industry-leading eCommerce and processing capabilities, we are creating a unique payment solution that caters to the complex needs of enterprise retailers worldwide. This will help deliver seamless and limitless commerce experiences from the most trusted names in the payments industry,” said Himanshu Patel, CEO of Verifone.
A Unified Omnichannel Payment Experience
Through this partnership, enterprise retailers will gain access to a variety of tools that help them streamline payment acceptance across both in-store and online transactions, including:
- PayPal’s enterprise payment processing solutions – Advanced payment processing strategies that optimize authorization rates, reduce costs, minimize fraud, and enhance conversion rates.
- Verifone’s industry-leading in-store payment solutions – Integration with multiple enterprise point-of-sale (POS) platforms and payment methods, along with access to cutting-edge payment devices supporting a variety of retail use cases.
- Global connectivity, technical support, and local expertise – Providing retailers with a customized, region-specific retail experience backed by a worldwide support network.
This omnichannel payment solution will be integrated into PayPal Open, the company’s recently launched enterprise retail platform. With PayPal Open, businesses of all sizes can seamlessly access PayPal’s entire ecosystem and integrate a comprehensive suite of commerce solutions to enhance payments, drive growth, and operate more efficiently.
As an open ecosystem, PayPal Open allows retailers to build customized solutions, access third-party tools, and benefit from PayPal’s global network of over 400 million active customer accounts.
Global Rollout and Expansion
PayPal Open is set to launch in the United States first, followed by expansions to the United Kingdom and Germany by the end of the year. Additional markets are scheduled for rollout in 2026.
About PayPal
For over 25 years, PayPal has been at the forefront of revolutionizing global commerce. The company has made sending, selling, and shopping more straightforward, personalized, and secure through innovative solutions. PayPal enables consumers and businesses across nearly 200 markets to participate and thrive in the global economy.
About Verifone
Verifone shapes the ecosystem for seamless digital and in-person commerce experiences. It offers businesses everything they need—from secure payment devices to eCommerce tools, acquiring services, advanced business insights, and more. As a leading global fintech company, Verifone empowers omni-commerce growth for businesses in over 165 countries.
With over four decades of innovation and uncompromising security, Verifone processes over 14 billion transactions annually, worth more than $480 billion across digital and physical channels.
Learn more at www.verifone.com and follow Verifone on LinkedIn, X, Facebook, and Instagram.
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