The Paymentus-PayPal partnership through the Paymentus Instant Payment Network (IPN) enables the use of the PayPal App for bill payments. This one-app experience allows customers to access bills from multiple providers, receive billing notifications and alerts and pay bills using their existing PayPal account right from their tablet or smartphone. This allows bills to be accessible on a device and application most consumers are using multiple times a week or month.
The PayPal App also allows customers to digitize their cash at more than 100,000 retail locations nationwide. Cash-preferred and underbanked customers convert cash with a cashier and have it uploaded to their PayPal account through the app to use the balance to pay bills.
Customers can even pay bills using crypto currency through the PayPal App’s Checkout with Crypto offering. Customers can transfer or sell cryptocurrency including Bitcoin, Ethereum, Bitcoin Cash and Litecoin, and available funds can be used for bill pay within the app. Your biller will be paid in USD from the crypto sale or a backup funding source.