After introducing its new “super app” in July, PayPal officially announced its new all-in-one custom app that gives users all the tools they need to manage their financial lives. PayPal's new app also introduces new features to its money transfer app, including a new high-yield savings account provided by Synchrony Bank called PayPal Savings, as well as new in-app purchase tools that allow users to earn rewards. redeemable for cash back or PayPal. Buy credits. . At the same time, the new app gives PayPal customers a single place to manage their bill payments, get paid up to two days early with a new direct deposit feature, earn rewards and manage gift cards, send and receive money from friends, family and businesses, pay with QR codes, access and manage credit, buy, hold and sell cryptocurrency and enjoy Buy Now, Pay Later services. PayPal President and CEO Dan Schulman provided more information about the company's new app in a press release, saying, “We are delighted to introduce the first version of the new PayPal app, a one-stop-shop for our customers take charge of their daily financial lives, with new features like access to high-yield savings, business tools and more. . 'in-app purchase for customers. to find deals and earn cash rewards, early access to direct deposit and bill pay. Our new app provides customers with a streamlined, secure, and personalized experience that leverages our trust and safety platform and removes the complexity of having to manage multiple shopping apps, remember different passwords, and track loyalty rewards."