PayPal recently signed a contract with OpenAI to integrate the digital wallet into ChatGPT, reports CNBC . This will allow users to easily pay for the products they discover via the AI tool.

The agreement allows PayPal users to make payments via ChatGPT and merchants to list and sell their goods in ChatGPT. OpenAI is apparently taking a big step towards turning ChatGPT into an e-commerce platform and hoping that ChatGPT’s approximately 700 million weekly active users will use the AI as a kind of “personal shopper.”

OpenAI previously announced that it would enable payments via Walmart, Shopify, and Etsy in the US via Instant Checkout . Conversely, PayPal is trying to skillfully position itself alongside leading AI providers, including Google and Perplexity.

PayPal’s press release

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