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Comment by usehackernews

I work in Payments.

This must be related to their new product - Fastlane.

Fastlane is an express checkout product, similar to ShopPay. Even if you have never used a website, you authenticate with OTP and all your information (Address & Payment Methods) is available.

Originally, merchants could not use this data to make customer accounts. This was not ideal for us merchants as there was no method to login to track your order information.

PayPal came to me this week saying they were updating their legal agreement to allow merchants to create customer accounts.

(Express checkout options will soon be everywhere - Stripe, Shopify, PayPal, Zelle/Paze are all competing in this space now)

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