PayPal wants to be a lot more than an online checkout button

PayPal wants to become the world’s next ‘super app’, akin to China’s Alipay or WeChat, India’s Paytm or Singapore’s Grab. — AFP Relaxnews

PayPal Holdings Inc is eyeing life beyond the checkout button.

In the coming months, the firm is planning to debut a bevy of new services, which could include high-yield savings accounts, check-cashing services and stock-investing capabilities. It’s all being done in the hopes of PayPal becoming the world’s next “super app”, akin to China’s Alipay or WeChat, India’s Paytm or Singapore’s Grab.