I wouldn’t hold out on paypal coming to US Stripe integration. I believe it’s available in Europe because of legislation requiring Paypal to support this.
I don't think it's because of regulation. PSD2 related open-banking regulations are broadly about letting customers have access to their bank's functions via API.
> PayPal enables XS2A use cases for TPPs through PayPal’s REST stack. Through PayPal's reliable and proven APIs, TPPs can access the same PayPal systems that power all of PayPal's merchant and consumer experiences.
Stripe isn't a TPP and even if it were to use an external TPP (Tink, Truelayer etc) to allow users to initiate a transaction from a user's PayPal account (similar to A2A transfer), it would be significantly "less integrated" of an experience. There are many problems with the UX around Open Banking A2A payments and it would harm conversion. Because of these reasons, I think it's a bespoke integration/deal between Stripe and Paypal
Based on other commenters, it seems like PayPal was widely preferred as a payment mechanism in Europe, so Stripe had to offer it to remain competitive.
That competitive pressure isn't nearly as strong in the US, and Stripe would be loath to be sending money to their direct competitor if they don't have to.
> PayPal enables XS2A use cases for TPPs through PayPal’s REST stack. Through PayPal's reliable and proven APIs, TPPs can access the same PayPal systems that power all of PayPal's merchant and consumer experiences.
Stripe isn't a TPP and even if it were to use an external TPP (Tink, Truelayer etc) to allow users to initiate a transaction from a user's PayPal account (similar to A2A transfer), it would be significantly "less integrated" of an experience. There are many problems with the UX around Open Banking A2A payments and it would harm conversion. Because of these reasons, I think it's a bespoke integration/deal between Stripe and Paypal