PayPal has struck a deal with OpenAI to embed its payments infrastructure into ChatGPT’s new digital wallet feature, a move that sent PayPal shares soaring.
According to the announcement, users will soon be able to make transactions using PayPal within the ChatGPT environment. OpenAI stated the integration “opens up seamless payments capabilities for millions of users.”
The partnership came amid broader efforts by tech companies to monetize AI platforms. ChatGPT’s parent company has already introduced a digital wallet feature and is now expanding its financial operations.
Investors reacted positively. Upon news of the agreement, PayPal shares jumped significantly in after-hours trading, reflecting confidence in future revenue streams from AI payments.
The integration positions PayPal and OpenAI at the forefront of combining conversational AI with financial services, with the potential to reshape how users transact within chat platforms.
