PayPal and Mastercard are teaming up to enhance the online checkout experience by integrating Mastercard’s One Credential technology. This collaboration aims to give shoppers broader, more flexible payment choices from a single digital payment method.
Mastercard’s One Credential—launched earlier this year—is a unified, digital-first payment credential that allows consumers to seamlessly access debit, credit, instalments, and prepaid options under one secure profile. Through their partnership, Mastercard and PayPal are co-developing features to personalise and simplify these options for users, helping them transition easily between different forms of payment based on their needs.
The move is also positioned as a way to promote healthier financial habits, enabling users to build creditworthiness by gradually moving from debit to structured credit.
The announcement follows PayPal’s recent launch of a new physical credit card, also powered by Mastercard.
“We’re excited to empower consumers with more choice and control over how they pay together with PayPal, building on our collective strength of global payments innovation,” said Bunita Sawhney, chief consumer officer at Mastercard.