PayPal Teams Up with Financial Institutions and (RED) for Global Pandemic Relief-17022022

PayPal welcomes Chase and Wells Fargo to the (RED)EEM initiative, which already includes American Express and Citi. This initiative means eligible PayPal users can use certain credit card rewards to make donations with PayPal’s Pay with Rewards that will support organizations working to ensure equitable access to testing, treatment, and vaccines in the world's poorest countries.

Throughout the pandemic, PayPal has worked to help our customers and their communities navigate the impacts of COVID-19, aiming to provide easy ways for them to give to those in need around the world.

This included being one of the very first non-bank lenders approved to distribute Paycheck Protection Program loans to the small businesses we serve; enabling small business customers to defer payments on their business loans;

and launching the Vaccine Access Fund in partnership with Uber and Walgreens that enabled customers to donate to vaccine access efforts to help connect people without transportation to COVID-19 vaccination sites.

Today, PayPal is excited to welcome Chase and Wells Fargo to the (RED)EEM initative, which already includes American Express and Citi.

This initiative means eligible PayPal users can use certain credit card rewards to make donations with PayPal’s Pay with Rewards that will support organizations working to ensure equitable access to testing, treatment, and vaccines in the world's poorest countries.

Every cent raised benefits The Global Fund’s COVID-19 Response Mechanism and the COVAX Advance Market Commitment. The Global Fund is a nonprofit dedicated to fighting AIDS, tuberculosis, and malaria, and is currently helping COVID-19 relief efforts amongst some of the most vulnerable populations. COVAX’s AMC is a public-private partnership helping vaccinate half of the world's children against some of the deadliest diseases.
 

Source: Paypal newsroom