CYBG - owner of Clydesdale Bank, Yorkshire Bank and digital banking service B - has announced a strategic partnership with PayPal, designed to enhance digital payment options for customers.

The partnership will enable customers to link their debit and credit cards with PayPal accounts directly from the B mobile banking app.

This follows the bank launching its account aggregation service in May, which lets B customers view accounts they hold with other banks - Lloyds Banks, Bank of Scotland, Royal Bank of Scotland, NatWest, Santander and Nationwide - in the app.

This PayPal partnership enables online accounts to be added in the same way. The functionality will offer PayPal services, with customers getting new features that make it even easier to shop where, when and how they choose. Customer cards can automatically be updated when they reach their expiry date and payment details will also be automatically updated if a card is lost or stolen.

The agreement will take effect immediately, with the services expected to be available to CYBG customers later this year.

Debbie Crosbie, chief operating officer at CYBG, called this another step in CYBG’s journey to enhance digital capabilities and deliver a seamless experience for customers.

“We know the way people access banking products is changing, so we are continually looking at new technology and services that can make our customers lives easier,” she added.

Jim Magats, head of payments, product and engineering at PayPal, added: “We are looking forward to working closely with CYBG, and bringing new experiences to our joint customers soon.”

Share Story: