Spain's La Caixa is offering PayPal’s Instant Account Creation to its customers.
Customers can now open a PayPal account from the La Caixa home banking page. It also means that the bank's credit and debit cards will be added to the PayPal mobile wallet. Writing on the PayPal blog, Estanis Martin de Nicolas, who runs the company's business in Spain and Portugal, says: "Future PayPal purchases made by these customers will generate card acquiring volume to La Caixa. This is truly an innovative development and consistent with what we do for all of our financial partners: bring more value to them and their customers."
He adds: "I remember the first discussions a few months ago with Juan Morla Tomas, La Caixa’s director of cards business, where he said: There is no doubt that our industry is in constant evolution. The speed of development of new technologies, and its wide availability, opens the gate for challenges and opportunities that would have been difficult to imagine just a few years ago. For La Caixa, providing the best service to our customers is of paramount importance, and that is why we’ve partnered with PayPal. The Instant Account Creation solution allows us to offer a value added product. And if we keep customers and innovation at the heart of what we do, the business results will follow.”
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