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- PayPal is the latest tech company to partner with OpenAI, and the stock is surging.
- Paypal shares jumped 17% in premarket trading on Wednesday on news of a partnership between them.
- This agreement will enable ChatGPT users to make in-app purchases using PayPal.
The move: PayPal stock surged 17% in premarket trading on Tuesday. The digital payments company has struggled in 2025, with the stock down 18% year-to-date.
Why: PayPal announced a partnership with OpenAI on Tuesday to incorporate its payments wallet into ChatGPT. Users recently gained the ability to shop on platforms like Shopify and through retailers like Walmart while using ChatGPT, but now they will be able to make instant purchases in the popular chatbot via their linked PayPal accounts. It marks the first wallet integration into ChatGPT.
“By partnering with OpenAI and adopting the Agentic Commerce Protocol, PayPal will power payments and commerce experiences that help people go from chat to checkout in just a few taps for our joint customer bases,” Alex Chriss, president and CEO of PayPal, said in a statement on Tuesday.
What it means: The move is a boon for PayPal, which has seen its stock sputter through 2025. The payments giant has struggled to integrate itself into the fast-growing AI ecosystem as the tech sector undergoes rapid changes. Partnering with top dog OpenAI will give it a leg up as the retail ecosystem shifts and becomes more integrated with AI systems.
For OpenAI, it’s yet another step toward deepening its roots in consumer-facing areas like e-commerce. ChatGPT users will soon be able t use the platform to shop with vendors on Shopify and Etsy, and buy from Walmart via the chatbot.
