Linktree, PayPal team for social media creators


The Linktree linking platform has worked with PayPal to enable the global implementation of Linktree Commerce Links, the company said in a press release on Tuesday, August 24. The integration will allow creators to conduct frictionless transactions wherever PayPal operates. They will also be allowed to receive tips, donations and accept requests.

Commerce Links, rolled out earlier this year, is a new Linktree suite to help with the aforementioned payments. The suite of tools provides users with faster payment channels and new monetization opportunities, the press release said. Thanks to the integration with PayPal, customers will now be able to log into PayPal and get paid even more easily via PayPal or a debit or credit card. They will also be able to access more data on transactions, payment conversion rates and more to help customers manage their digital presence.

“As the creator economy grows, creators want new ways to collect payments and support from their audiences with as little friction as possible,” said Alex Zaccaria, co-founder and CEO of Linktree. “We are excited to be working with PayPal to further extend our solutions to our users around the world and enable them to further manage and monetize their digital presence. “

Also Read: PayPal Expands Crypto Trading to UK Users

PayPal also recently announced that it will be expanding its cryptocurrency trading to users in the UK.

These customers, PYMNTS wrote, will now be able to buy and sell bitcoin, ethereum, litecoin, and bitcoin cash, using PayPal on a desktop or mobile app. They can also access things like real-time prices and learn more about cryptocurrencies.

“The pandemic has accelerated digital change and innovation in all aspects of our lives, including the digitization of money and greater consumer adoption of digital financial services,” said Jose Fernandez da Ponte, vice -President and CEO of blockchain, crypto and digital currencies.

Beyond that, the company has announced plans to continue broadcasting cryptocurrency support around the world.

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NEW PYMNTS DATA: 58% OF MULTINATIONAL COMPANIES USE CRYPTO-CURRENCY

On: Despite price volatility and regulatory uncertainty, a new study from PYMNTS shows that 58% of multinational companies are already using at least one form of cryptocurrency, especially when transferring funds across borders. The new Cryptocurrency, Blockchain and Global Business survey, a PYMNTS and Circle collaboration, probing 500 executives about the potential and pitfalls that crypto faces as it becomes part of the mainstream financials.

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