Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
-0.34%
SPX
-0.84%
IXIC
-1.43%
FTSE
-0.26%
N225
-0.74%
AXJO
+0.83%
Cashu Logo
⌘K
Log In
HomeWatchlistNewsSignals
Stocks
Financials
pypl
PayPal Holdings
NASDAQ: PYPL
-10.39 (-19.85%)
41.94
USD
At close at Feb 03, 21:38 UTC
Summary
News
Signals
Benchmarks
Financials

PayPal Partners with april to Simplify Tax Filing for Customers in 2025

publisher logo
Cashu
12 days ago
Cashu TLDR
  • PayPal partners with april to offer a free DIY tax filing service for U.S. customers using the PayPal Debit Mastercard®.
  • The partnership aims to simplify tax filing, allowing most users to complete it in under twenty minutes.
  • PayPal enhances customer experience by integrating tax services and flexible payment options, supporting better financial management.
pypl Logo
PYPL
PayPal Holdings
-19.85%

New Partnership Enhances Tax Filing Experience for PayPal Customers

PayPal Holdings, Inc. has recently entered into a strategic partnership with april, a tax technology platform, to streamline the tax filing process for its U.S. customers. This collaboration introduces a complimentary DIY tax filing service for users of the PayPal Debit Mastercard®, allowing them to file their federal and state tax returns for 2025 without incurring the average $160 filing fee. This initiative is especially timely as tax season approaches, offering a user-friendly experience that guides customers through a simple step-by-step process while pre-filling necessary information based on uploaded documents.

The integration of april's services aims to significantly reduce the time it takes to complete tax filings, with PayPal reporting that most customers can expect to finish in under twenty minutes. The partnership also includes the added benefit of an AI-powered chatbot designed to assist users with tax-related inquiries. For those needing additional support, live assistance is available for a fee. PayPal's commitment to enhancing the customer experience extends beyond tax filing, as it also introduces flexible payment options for tax obligations, such as the ability to utilize PayPal Credit, which offers six months of special financing for purchases exceeding $149.

Furthermore, PayPal's collaboration with april is part of a broader strategy to centralize financial management tools for its users. Shanthi Sarkar, VP of Debit and Money Management at PayPal, underscores the significance of this partnership in simplifying tax management for millions of customers. By providing a comprehensive suite of services within a single platform, PayPal not only enhances the tax filing experience but also positions its users to set meaningful financial goals for the upcoming year. The company is dedicated to creating an integrated ecosystem that supports its customers in managing their finances more effectively.

In addition to this partnership with april, PayPal has announced its intent to acquire Cymbio, a multi-channel orchestration platform. This acquisition, expected to close in the first half of 2026, aims to enhance visibility for merchants across AI-driven platforms like Microsoft Copilot and Perplexity. Michelle Gill, PayPal's Executive Vice President and General Manager of Small Business and Financial Services, highlights that the integration of Cymbio's technology will empower merchants to increase sales by making their product catalogs more discoverable in the evolving digital commerce landscape.

Overall, both initiatives reflect PayPal's commitment to providing innovative solutions that meet the evolving needs of its customers and merchants, ensuring they remain competitive in the rapidly changing financial and retail environments.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.