State Farm: Offer payouts into PayPal accounts

State Farm: Offer payouts into PayPal accounts

  • State Farm mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams
  • Expanding its Digital Pay solution to include claim payouts delivered instantly into a customer’s PayPal account
  • Through Digital Pay, claims can be reviewed, approved, and paid digitally
  • Customers can choose their payout method, which can be sent to a debit card, directly to the customer’s bank account
  • Carat is the unified, simple, global operating system for enterprise merchants
  • Carat is working with industry leading organizations like to deliver flexible digital payout solutions that people want and need
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Universal Launches UAE’s First Central Bank Registered Stablecoin

The new digital currency aims to enhance financial transactions in the UAE.Highlights: Universal launched the UAE's first Central...

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...