On September 22, PayPal announced a partnership with Meta to enable PayPal users to shop and check out at global PayPal merchants through Meta's personal AI agent, Muse.
Zhang Hong said at the conference that AI agent-initiated transactions remain in the exploration stage globally, with PayPal partnering with Microsoft, Google, OpenAI and Perplexity to build underlying payment infrastructure. He also disclosed that around 50 million consumers bought goods from Greater China merchants via PayPal over the past 12 months, and announced updates including multi-currency display expanded to 106 currencies, new euro and pound withdrawals, RMB withdrawals settling in as fast as four hours, and an upgraded AI assistant.