PayPal Holdings, Inc., a global leader in payments, has announced a partnership with the NFL, making it the league’s official peer-to-peer (P2P) payments partner. Across the NFL ecosystem, PayPal will be at the centre of how people send, receive, split, pool, and settle up instantly with each other, all right there in the PayPal App.
This partnership marks a step forward for PayPal’s peer-to-peer offering, bringing together expanded global reach, new product functionality, and more ways for people to send and receive money with each other, all in one place, for the millions of moments people move money every day.
With this, individuals can move money directly between PayPal and Venmo, connecting PayPal customers to over 100 million Venmo users in the U.S. right from the PayPal app.
For NFL fans, the money moments that fandom creates between friends – whether splitting tailgate costs, chipping in on tickets, or going in on game-day food – are covered. Wherever the game is played or watched, PayPal moves with everyone. As an official NFL partner, PayPal P2P customers will have access to benefits, including exclusive sweepstakes for tickets, upgraded seating, and experiences.
“Nearly 25 years ago, PayPal helped pioneer peer-to-peer payments, and today we’ve built one of the world’s most trusted and accessible global networks for how people move money. The NFL operates at the centre of a massive, always-on fan economy, with constant payments happening between fans,” said Ben Volk, SVP, General Manager of PayPal Consumer at PayPal. “We’re uniquely positioned to power that ecosystem at scale, enabling seamless cross-border payments while unlocking new, exclusive ways for our customers to engage with the game that only PayPal can deliver.”
“As a global leader in peer-to-peer payments, PayPal is helping fans create new experiences and connections,” said Tracie Rodburg, senior vice president of global sponsorships at the NFL. “This partnership, which covers the NFL ecosystem, including flag football across multiple international markets and promotion of the NFL Flag College Showcase at Draft, is the perfect fit as we bring our game to the world.”
