Kustom enters a collaboration with PayPal to accelerate global reach
Kustom is now adding one of the world’s most widely used payment methods – PayPal – to its checkout solution. Demand is particularly high in markets such as the US and Germany. In Germany, where PayPal is already live in Kustom’s checkout through a pilot project, it became the leading payment method by transaction volume within just two weeks.
Kustom offers an independent checkout solution, meaning merchants have the freedom to choose which payment methods to offer their customers. Through collaborations with market leading payment providers, merchants can offer the most in-demand payment methods depending on industry and market. Now, Kustom is adding another payment method: PayPal.
"PayPal is one of the world's most widely used payment methods and is available in over 200 markets. From our perspective, we see particularly strong consumer demand in markets such as Central Europe, Germany and the US. For merchants aiming for global expansion, this becomes an especially valuable tool," says Kamjar Hajabdolahi, CEO at Kustom.
PayPal has already gone live in Kustom's checkout through a pilot project in Germany. Two weeks after launch, PayPal was the dominant payment method by transaction volume.
“At PayPal, our goal is simple: to give people the choice to pay in the way that feels right for them. Enabling PayPal for Kustom merchants is a natural step in that direction. Early results in Germany show that this collaboration was much needed, and we’re excited about what this will bring over time,” says Jonas Breding, General Manager at PayPal Northern Europe.
The broader rollout of PayPal will take place gradually. All of Kustom's merchants will have the opportunity to offer the payment method in their checkout during the year, integrated with Kustom's functionality for autofill, address validation, shipping and other features.
Press inquiries
Julia Grönstedt
press@kustom.co
About Kustom
Kustom is one of Europe’s leading checkout solutions, helping merchants across Europe grow through a high-conversion, low-complexity, and highly customizable setup. By making the checkout process seamless and transparent, and adaptable to local markets and shopper preferences, Kustom supports stronger, long-term customer relationships.
Today, Kustom serves more than 24,000 merchants across 170 markets and has converted more than 20 million shoppers.
About PayPal
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit https://www.paypal.com, https://about.pypl.com/ and https://investor.pypl.com/.