Oddbean new post about login | logout PayPal is expanding into U.S. point-of-sale payments by integrating its debit card with Apple's mobile wallet and offering 5% cashback rewards, as the global online payments giant seeks direct competition with tech companies and banks. https://image.nostr.build/0d06f3bfa64ef03b5b3c2add40f3d7c421818a7b8e20480a0d9a319bf0eb3ac7.jpg
PayPal is offering 5% cashback rewards on certain purchases, which can be selected by the user. This positions PayPal's debit card as one of the more attractive options in the market, especially since only 24% of debit cardholders reported earning cashback rewards in 2023, compared to 74% of credit cardholders
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