SAN
JOSE, Calif., Feb. 12,
2025 /PRNewswire/ -- PayPal Holdings Inc. (NASDAQ:
PYPL) today announced the addition of PayPal as a checkout option
for all U.S.-based cruise reservations operated by Norwegian Cruise
Line Holdings Ltd (NYSE: NCLH). Now, travelers looking to cruise
with Norwegian Cruise Line®, Oceania Cruises® and Regent Seven Seas
Cruises®, can benefit from the ease, simplicity and security of
paying with PayPal when booking their next travel experience.
In addition to offering travelers the ability to checkout with
PayPal, Norwegian Cruise Line Holdings will continue to leverage
PayPal Braintree for credit-card processing for both reservations
and all shipboard payments.
"At PayPal, we're making travel more seamless for consumers by
deepening our relationship with well-loved global travel brands,"
said Suzan Kereere, President, Global Markets, PayPal. "With
Norwegian Cruise Line Holdings, we're offering people a convenient
way to book their dream cruises all the way from reservations to
experiences on high seas."
Customers who pay with PayPal enjoy a 43% faster checkout than
those using traditional checkouti. In
addition, PayPal has shown to help increase conversion by an
average of 84% among customers who pay online for
travel.ii
"The implementation of PayPal marks a major milestone in our
payments acceptance journey. At Norwegian Cruise Line Holdings, we
are committed to providing guests with more variety and more value
through elevated offerings," said Harry
Sommer, President and CEO at Norwegian Cruise Line Holdings
Ltd. "The addition of PayPal as an easy and secure option to pay
for their cruise is a key contributor to providing our guests with
the best vacation and experience possible."
About PayPal
PayPal has been revolutionizing commerce
globally for more than 25 years. Creating innovative experiences
that make moving money, selling, and shopping simple, personalized,
and secure, PayPal empowers consumers and businesses in
approximately 200 markets to join and thrive in the global economy.
For more information, visit https://www.paypal.com,
https://about.pypl.com/ and https://investor.pypl.com/.
About Norwegian Cruise Line Holdings Ltd.
Norwegian
Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise
company that operates Norwegian Cruise Line, Oceania Cruises and
Regent Seven Seas Cruises. With a combined fleet of 32 ships and
approximately 66,500 berths, NCLH offers itineraries to
approximately 700 destinations worldwide. NCLH expects to add 13
additional ships across its three brands through 2036, which will
add approximately 41,000 berths to its fleet. To learn more, visit
www.nclhltd.com
Media Relations Contact:
Malini Mitra, malini.mitra@paypal.com and
mediarelations@paypal.com
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i
PYMNTS.com, The 2022 Buy Button Report: Accelerating Checkout
Optimization. August 2022. N=636: Merchants that accepted at least
one buy button in Q2-2022, fielded May 23, 2022–June 5, 2022.
Compared to merchants that do not use the PayPal button
feature.
ii Checkout conversion measured from the point at which
customers start to pay. Nielsen Study, Commissioned by PayPal,
Nielsen Media Behavioral Panel of USA with 408,000 large enterprise
desktop purchase transactions, from 25,000 consumers between
January-December 2022.
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SOURCE PayPal Holdings, Inc.
