Perplexity markets AI-first browsing experience with PayPal and Venmo

PayPal and Venmo have struck a deal with Perplexity AI to offer their customers early access to the AI startup’s new browser ￰0￱ agreement will give eligible users in the US and select international markets early access to the $200 premium tier 12-month trial of Perplexity Pro directly through the PayPal and Venmo ￰1￱ tie-up also marks one of the first offers available via PayPal’s new subscriptions hub which is designed to simplify the management of recurring ￰2￱ initiative could serve as a potential route for Perplexity to bring in Paypal’s 430 million users into its ￰3￱ markets AI-first browsing experience Perplexity launched Comet in July and opened access last month to users on its Pro and Max ￰4￱ conventional browsers

Comet integrates generative AI tools directly into the browsing ￰5￱ can query personal data such as emails and calendars generate summaries of webpages or automate routine tasks like ￰6￱ startup backed by Nvidia

has pitched Comet as an alternative to both Google’s search dominance and OpenAI’s ￰7￱ partnership with PayPal ensures that a large pool of users will be able to skip the waiting list and experience Comet’s premium ￰8￱ addition US customers linking and paying for three or more subscriptions through PayPal’s hub will be eligible for a $50 cashback incentive creating further pull toward the ￰9￱ and fintech make moves together For PayPal the arrangement increases the appeal of its new subscriptions hub

a feature the company is promoting as a one-stop dashboard for managing recurring charges from streaming platforms to software ￰10￱ a sought-after AI service helps to differentiate PayPal’s platform at a time when competition in payments and consumer finance apps is ￰11￱ Perplexity access to PayPal’s user base could accelerate ￰12￱ browser market is difficult to crack with Google dominating the market by a very large margin

but the company is betting that embedding AI into browsing will create a compelling enough reason for users to ￰13￱ distribution Perplexity has also been experimenting with new revenue ￰14￱ recently unveiled Comet Plus tier priced at $5 per month directs 80% of revenue to participating ￰15￱ goal is to position Comet as a more sustainable partner for the media industry

which has voiced concern about AI systems summarizing content without adequate ￰16￱ has drawn mixed reviews Comet has drawn scrutiny from cybersecurity pros after Windows Central reported that the browser is vulnerable to indirect prompt injection and phishing ￰17￱ Perplexity has pledged to address these flaws the findings also highlight the risks of deploying AI agents that interact with personal ￰18￱ forward Perplexity is developing a mobile version of Comet and has been in discussions with smartphone manufacturers to pre-install the ￰19￱ PayPal-Perplexity agreement is emblematic of how quickly AI is becoming entangled with consumer finance digital commerce

and media ￰20￱ PayPal it offers a chance to increase engagement with its vast user base; for Perplexity it delivers the scale needed to compete with Silicon Valley’s largest ￰21￱ up to Bybit and start trading with $30,050 in welcome gifts