PayPal, Phoenix Suns extend pact through 2026 NBA season
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PayPal Holdings (NASDAQ:PYPL) and the Phoenix Suns extended their partnership through the 2026 National Basketball Association season, they said Wednesday in a joint statement.
PayPal (PYPL) will continue as the Suns' jersey sponsor, and, as part of the new deal, the organizations will increase their focus on supporting small businesses in the region.

The pact extends their relationship that started in 2018. "Together we have put PayPal (PYPL) at the center of the customer experience when buying merchandise, tickets and more in the arena, online or via the Phoenix Suns app," said PYPL President and CEO Dan Schulman.
The fintech will be integrated across all payment channels operated by the Suns, including single game tickets, season tickets, merchandise, and concerts. In addtion, PayPal (PYPL) and Venmo branding will be displayed throughout Footprint Center and during telecasts and on social platform.
PayPal (PYPL) shares gained 1.4% in Wednesday afternoon trading.
On Tuesday, PayPal (PYPL) and Venmo partnered wit Visa (V) to pilot the Visa+ P2P digital payment service.