A new bot is born.
PayPal today announced a chatbot that customers can use for P2P payments. But unlike the host of other companies, which have chosen to launch on the chatbot-heavy Facebook Messenger platform, PayPal’s bot will be hosted on Slack.
The baby unicorn—Slack was founded in 2009 and has a current valuation is about $4 billion, according to Techcrunch—is a messaging workflow platform for enterprises of all sizes, and interestingly, already hosts a Venmo P2P bot for its users.
While Venmo does not appear in Slack’s app directory, there are more than a few integrations of the service available on Github.
That the digital wallet company would want two services on a growing platform is not surprising—the Venmo bot integration via Github has been available on Slack for about a year now—but confirms that PayPal want to keep the brands distinct.
Take a look at PayPal’s plans for its bot here:
To learn more about P2P payments and chatbots, join us in San Jose on March 6-7 for Bank Innovation 2017, where the best conversations in fintech take place. Click here to register.2 - Readers Like This Post