PayPal and Slack have partnered up to solve one of the most common issues within the workplace - paying back debts.
PayPal, the popular online payment system, has developed an app that will allow Slack users to send money or request payments from fellow Slack users. Slack is a cloud-based team collaboration tool that is popular in the workplace as a method of communication.
This new PayPal tool is a great way to keep things smooth in the workplace. PayPal even gave the example of someone (Lauren) asking co-workers via Slack if anyone wants her to get them coffee as she is grabbing one herself before heading to the office. A co-worker (Jen) answers in the affirmative and describes her preferred drink. Jen then proceeds to transfer money from her PayPal account to Lauren's by simply inputting "/PayPal send @lauren $6 for Tuesday's latte". PayPal then sends a message confirming the transaction for which Lauren, in the PayPal ad, replies with "Paid back before I even order. Awesome."
Of course, this new service is not limited to cups of coffee. Co-workers who are planning to get some beers after work can take care of stuff early by sending payments through PayPal even before work hours end. As reported, the user only needs to type in "PayPal send (amount) to (recipient's username)". The user can even add a description to explain for the payment just like the "for Tuesday's latte" part in the ad.
But before the office Slackers can take full advantage of this new bot, the Slack administrator need to approve it first. The user also has to log in his or her PayPal account before the transaction may be completed.
CNET pointed out that the new PayPal bot is similar to other digital payment systems that will help get debts paid such as Square Cash, Venmo, Xoom, and Google Wallet. Amazon Payments is also starting to make a case for itself as major PayPal competitor. The new PayPal bot for Slack is now available in the U.S., Australia, Canada and the U.K.
