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PayPal, Amazon Team Up in ‘First Step’ of Branded Checkout Collaboration

Emily Dattilo
·1-min read
PayPal, Amazon Team Up in ‘First Step’ of Branded Checkout Collaboration

Shares of PayPal Holdings were edging higher after Amazon.com said the customers will be able to use the payments company’s systems to buy certain products. PayPal stock rose 1.6% to $72.92, while Amazon shares fell 0.1% in Wednesday trading. For brands using Buy with Prime, an initiative launched in 2022 that allows merchants to utilize Amazon’s fulfillment network, PayPal is now available at checkout, Amazon said in a press release.

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