From PC Mag: PayPal has signed a deal with OpenAI to become the first payment provider to offer its services inside ChatGPT.
Starting in early 2026, ChatGPT users will be able to integrate their PayPal wallet with the chatbot to make payments and handle purchases without leaving OpenAI's interface. It goes both ways, too, with PayPal merchants also able to sell their inventory through ChatGPT, effectively turning the chatbot into a marketplace. (Brace yourself for the ads.)
"We’ve got hundreds of millions of loyal PayPal wallet holders who now will be able to click the 'Buy with PayPal button' on ChatGPT and have a safe and secure checkout experience," PayPal CEO Alex Chriss told CNBC. “It’s a whole new paradigm for shopping. It’s hard to imagine that agentic commerce isn’t going to be a big part of the future.”
This is part of OpenAI's move to monetize ChatGPT in new ways amid staggering yearly losses and unprecedented investment goals. It has over 800 million active ChatGPT users, but only a few percent actually pay for the service. Encouraging people to buy through ChatGPT, where OpenAI gets a cut of the proceeds, is one way it might be able to make some money from otherwise non-paying users.
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