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Monday, October 27, 2025

State Farm: Offer payouts into PayPal accounts

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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.

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
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