PrestaShop & PayPal announce the launch of PrestaShop Checkout, Built with PayPal

PrestaShop and PayPal are launching PrestaShop Checkout, the first payment platform allowing PrestaShop merchants to easily manage all types of payments (cards, PayPal, and other local payment methods) on one single interface - their PrestaShop back office. This platform, launched in partnership with PayPal, offers advanced payment features (such as security, reimbursement, fraud, litigation management), at one of the most competitive prices on the market.

With the development of international and mobile payments and the emergence of digital wallets, consumers now have a great amount of payment options. When it comes to merchants however, technology integration and ever-increasing service providers have made this essential step far more complex.

PrestaShop Checkout is reducing operational complexities linked to payments and enhancing the user experience. Merchants will be able to focus on their growth no matter the size of their business.

PrestaShop Checkout’s main features:

• The most popular payment methods offered in each country (cards, PayPal,...);
• Perfect integration in the shopping journey
• Secure payments with PayPal expertise (including 3D Secure);
• Management of anti-fraud detection rules;
• Simple configuration of all payment methods at the same time;
• A single interface in your back office to drive your sales;
• One of the lowest commission rates on the market;
• Display optimization of payment methods on mobile devices;
• Continuous improvement of features thanks to PayPal innovations.

Alexandre ERUIMY, CEO of PrestaShop says:

Thanks to 10 years of experience in e-commerce, we are launching PrestaShop Checkout, which is designed to help our merchants to solve the complexity linked to the growing range of online payments. We may now better support our merchants in improving conversions on the website while simplifying their store management.

Caroline THELIER, General Manager at PayPal France, states:

PrestaShop is one of PayPal's historical partners. We are proud to continue innovations together. We are proud to continue innovations together. PayPal’s mission is to make life easier for consumers, but also for merchants, big or small, to accompany them throughout their development to the international level. PrestaShop Checkout allow merchants to easily manage all types of payment on a single interface and focus on their core business. Our ambition is to boost e-commerce and the digital economy around the world by focusing on security and customer experience.

About PrestaShop:

Founded in 2007, PrestaShop has moved from a French start-up to a scale-up in the past 10 years offering merchants to create and develop their online business thanks to performant technical solutions. Today more than 300,000 shops worldwide are using the PrestaShop software. Based on an open source model, PrestaShop gives anyone, in any country around the world, the ability to open up and run a successful online store.

Press contact:

Constance Henault
c.henault@tilder.com
Tel. : +33 6.03.02.34.44

About PayPal:

Fueled by a fundamental belief that having access to financial services creates opportunity, PayPal Holdings, Inc. (NASDAQ: PYPL) is committed to democratizing financial services and empowering people and businesses to join and thrive in the global economy. Our open digital payments platform gives PayPal’s 277 million active account holders the confidence to connect and transact in new and powerful ways, whether they are online, on a mobile device, in an app, or in person. Through a combination of technological innovation and strategic partnerships, PayPal creates better ways to manage and move money, and offers choice and flexibility when sending payments, paying or getting paid. Available in more than 200 markets around the world, the PayPal platform, including Braintree, Venmo, Xoom and iZettle, enables consumers and merchants to receive money in more than 100 currencies, withdraw funds in 56 currencies and hold balances in their PayPal accounts in 25 currencies. For more information on PayPal, visit https://www.paypal.com/about. For PayPal Holdings, Inc. financial information, visit https://investor.paypal-corp.com.

Press contact:

Karine Froger
kfroger@paypal.com
Tel. : +33 6.10.54.52.65