PayPal has introduced new features that allow users to buy, sell, send, receive, and explore all in one place. Users can now find exclusive deals curated for them within the PayPal app and earn cash back when shopping. Additionally, PayPal offers the option to split purchases into four interest-free payments with no late fees, making it easier for users to buy now and pay later. The payments can be managed through the PayPal app and on PayPal.com.

Another new feature is the ability to buy, sell, and hold cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, and Litecoin within the PayPal app. Users can also check out with crypto when paying at millions of online merchants. However, it is important to note that buying and selling cryptocurrency comes with risks and may result in significant losses. Users are also required to report any gains or losses on crypto sales for tax purposes.

PayPal continues to offer its core services, such as sending and requesting money for free when funded by a bank account or PayPal balance. Users can easily send money to friends and family by typing their name, email, or phone number. PayPal also provides spending notifications and allows users to access their PayPal balance instantly with the PayPal debit card. The platform ensures secure transactions with encryption and advanced fraud protection.

It is worth mentioning that not all features may be available in every market.