By Andrea Hargraves 
Caixa Geral de Depósitos (CGD) has announced a partnership with PayPal, a global fintech reference in the field of digital payments. Through this partnership, customers will be able, through the Caixadirecta app, to link their Caixa payment cards to their PayPal digital wallet.
“The goal of this association with PayPal is to provide more and better choices for our customers, and to offer an easy and fast online payment experience,” said Teresa Santos, Director of Consumer and Corporate Marketing at Caixa.
In turn, Beatriz Jimenez, Director of PayPal Iberia, said, “Through this partnership, we are offering a faster and more secure digital payment method via smartphone. At PayPal, we strongly believe in the growth of digital mobile payments, and our partnership with Caixa aims to improve the management of online transactions via the smartphone “.
In addition to the ability to link payment cards, Caixa customers will also have direct access to their PayPal account, where they can check transaction details and get a personalized view of the most relevant expense categories.
It is also possible to digitally verify Caixa payment cards, set spending and payment limits, specify limited use or activate instant blocking of the card in case of loss.
Finally, Caixa integrates all the information useful for processing any online transaction, facilitating purchases on online platforms. In addition, customers can also independently prepare an installment plan to pay off all purchases, in addition to the traditional balance refund.