PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its new merchant platform, PayPal Open, one platform for all businesses. Companies of all sizes, from small businesses to the world's largest, most influential brands will be able to access PayPal Open to fuel commerce and help grow their business. By unifying all of PayPal's merchant offerings under a single platform, businesses of all sizes will be able to discover and implement solutions based on their unique needs, as well as access PayPal’s global network of up to 400M active accounts, including more than 92M active Venmo customers.
“Our goal in developing PayPal Open is to create one unified commerce platform that supports the evolving needs of today’s merchants,” said Frank Keller, EVP, General Manager, Large Enterprise & Merchant Platforms Group, PayPal. “By partnering with PayPal, small businesses can seamlessly manage their cash flow with financial and payments solutions, while enterprise businesses can build custom solutions based on their unique business needs, PayPal Open will allow them to do so in one streamlined platform.”
With PayPal Open, businesses, including developers and partners, will be able to easily discover and integrate commerce enablement tools, ranging from payments to financial services to risk solutions, from the PayPal ecosystem. Additionally, this platform integrates with external commerce partners, so merchants can plug-and-play with existing third-party tools to fit their unique business needs. Whether it’s online or in-store, PayPal Open will give businesses the ability to continue to:
- Power Payments – Businesses can power payments virtually anywhere, through PayPal’s checkout solutions including PayPal, Venmo, Fastlane, and Pay Later offerings, as well as seamlessly process payment transactions through a single integration. By offering consumers choice and flexibility in how they pay, merchants have an opportunity to increase sales and capture customers regardless of their payment method. Additionally, merchants can transact in more than 140 currencies across more than 200 global markets on nearly every major e-commerce platform.
- Power Growth – Businesses can tap into hundreds of millions of PayPal and Venmo accounts, fueled by our global two-sided network. Beyond payments, PayPal offers merchants the ability to reach and retain new customers with personalized commerce experiences fueled by AI and powerful financial tools. PayPal provides merchants with access to capital through flexible lending solutions and provides them with spending power through business debit and credit solutions.
- Operate Smarter – Businesses can streamline operations with AI-powered insights. In addition, merchants can access data on sales and performance, helping them identify areas for optimization and informing critical business decisions. With nearly 25% of global e-commerce running through PayPal, we can unlock tangible insights that businesses can use to create more personalized customer experiences and grow their operations.
“PayPal Open will enable us to deliver innovation to our customers in the near-term, while also preparing them for success in the future,” Keller shared, adding, “The platform will act as a framework where not only we, but others will be able to contribute solutions, ultimately providing these offerings to millions of merchants that are a part of the PayPal ecosystem.”
PayPal Open will launch soon in the US and expand to the UK and Germany later this year. Additional markets will follow in 2026. Learn more about PayPal Open here. Follow PayPal on LinkedIn, Instagram, and X for the latest product updates & stories from our customers.
PayPal Open will be an accessible platform that powers the next generation of business growth, enabling secure and streamlined transactions for businesses of all sizes. At PayPal, we prioritize safety and security, knowing that our partners and customers want to operate with confidence. Our commitment to protecting data and fortifying the payments ecosystem puts trust at the center of every transaction, making PayPal the foundation for modern commerce.
