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PayPal Unveils Contactless Payment Rival to Apple Pay in Germany

5/14/2025

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Summary

Story summary

PayPal is shaking up the payment landscape in Germany by introducing contactless options for iPhone users, giving them an alternative to Apple Pay. This move comes in response to the Digital Markets Act, which opens up the iPhone's NFC chip to third-party apps. With plans for expansion across Europe and enticing cashback promotions, PayPal is ready to capture the market's attention.

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Story summary

PayPal is shaking up the payment landscape in Germany by introducing contactless options for iPhone users, giving them an alternative to Apple Pay. This move comes in response to the Digital Markets Act, which opens up the iPhone's NFC chip to third-party apps. With plans for expansion across Europe and enticing cashback promotions, PayPal is ready to capture the market's attention.