Together, the companies will make it easy for consumers who bank with FIS clients to link a payment card or other financial account to a new or existing PayPal account and simply display the financial institution’s brand within PayPal. The partnership also will allow those financial institution customers to set their default funding source in PayPal, thus increasing their overall digital spend.
FIS and PayPal will provide a more seamless way for bank issuers to drive more digital spend with their customers through PayPal accounts. FIS will enable PayPal’s account linking capability, making it easy for customers who bank with FIS clients to add their various cards and banking accounts into their PayPal accounts. This will give greater visibility to their bank accounts and their PayPal accounts within their online banking sites.
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