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PayPal signs deal with OpenAI to become first ChatGPT payments wallet, CNBC says

PayPal (PYPL) and Microsoft (MSFT)-backed OpenAI have signed an agreement to embed the payments wallet into ChatGPT, CNBC’s Hugh Son reports. Starting next year PayPal buyers and sellers will be able to complete transactions through the AI tool. PayPal CEO Alex Chriss told CNBC the agreement means customer protections for users including package tracking and dispute resolution. “We’ve got hundreds of millions of loyal PayPal wallet holders who now will be able to click the ‘Buy with PayPal button’ on ChatGPT and have a safe and secure checkout experience,” Chriss said in an interview.

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