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Sending Money? Now there’s a Bot for That from PayPal and Slack

By the year 2020, Gartner predicts that the average person will interact more with bots than they will with their partner. Bots have been around for more than 50 years, only now are they becoming a more visible part of our lives by helping to automate tasks. From scheduling calendar reminders, to new-to-the-market financial bots offering instant updates on your bank balance or quickly tracking expenses, each interaction is efficient, personalized and contextual.
At PayPal, they have focused on offering their customers a variety of innovative, easy and secure ways to move and manage their money. With this in mind, they built on the Slack platform to launch PayPal’s very first bot. With 5 million daily active users, Slack is a messaging platform for teams that centralizes your conversations and makes them instantly accessible wherever you go. Now with the PayPal bot, you can send money between PayPal accounts without leaving your Slack conversation.
Whether your colleague picked up the tab at lunch or you are chipping in for a group gift for a teammate’s birthday, sending money from your PayPal account to a friend’s is as easy as typing, “/PayPal send $5 to @Dave.” See for yourself!

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