Wix.com expands partnership with PayPal, offering more online payment options through Wix Payments. U.S.-based merchants now have a unified experience with PayPal directly integrated into the platform, allowing for streamlined backend operations and higher checkout conversion rates. Merchants can manage transactions and access PayPal features like BNPL and Venmo from a single dashboard.

This integration simplifies reconciliation and improves cash flow visibility for merchants, while offering consumers more flexible payment options. PayPal also serves as a Payment Service Provider (PSP), powering card processing capabilities within Wix Payments. Wix Payments offers small businesses a streamlined way to manage payments online, in person, or on the go, with secure payment options to accommodate different customer preferences.

Wix stock has declined 28% year-to-date, with WIX stock closing at $154.57 on Wednesday. PYPL is up 0.46% at $77.01 in the premarket on Thursday. This solution is currently available to U.S.-based Wix Payments users, with plans to expand to more regions in the future.

Read more at Yahoo Finance: Wix Adds PayPal, Venmo And Pay Later Options To Help Merchants Boost Sales, Simplify Checkout