PayPal Launches Major Sweepstakes and Campaign Featuring Will Ferrell

SAN JOSE, Calif., April 10, 2025 /PRNewswire/ — PayPal (NASDAQ: PYPL) has unveiled a significant enhancement to its checkout experience, introducing a new advertising campaign featuring actor Will Ferrell and a massive sweepstakes offering up to $10 million in prizes. This initiative is designed to incentivize customers to use PayPal at checkout, with 1,000 winners each day for 100 days receiving reimbursements for up to $100 of their purchases.

Starting this month, the campaign will promote the benefits of using PayPal and Pay Later options as Ferrell showcases how easy it is to shop with the payment platform. Ferrell’s well-known comedic style will be on full display as he illustrates the flexibility consumers have with both immediate and deferred payment choices at participating merchants.

“Payments are no longer an afterthought, they’re a central driver in determining how consumers shop,” said Geoff Seeley, Chief Marketing Officer at PayPal. “With millions of consumers selecting PayPal every day, we’re committed to raising the bar and delivering an incredible, flexible, and rewarding experience that connects our customers to the things they want and love.”

To improve user experience, PayPal has implemented several technical enhancements. These include a 40% reduction in checkout latency and the introduction of biometric login features, allowing for quicker and more secure transactions. Customers who use PayPal Pay in 4 can also access pre-qualified spending amounts, helping them easily determine how much they can afford to spend.

As part of the new features, PayPal Debit Mastercard users can earn cash back on monthly spending, with a new option available for rideshare and public transit purchases. Users can earn up to 5% cash back on spending in designated categories, further encouraging the use of PayPal for everyday transactions.

Through ‘The Great PayPal Checkout’, the cash giveaway promises significant incentives for users. With the potential to cover 100,000 purchases over 100 days, this program aims to boost customer engagement with the platform. Participants can increase their chances of winning by using PayPal Checkout more frequently, with each entry providing an additional opportunity for rewards.

“I love surprises. So naturally, I boarded a plane to shout about PayPal’s sweepstakes from 30,000 feet,” Ferrell said. “But don’t look away, there’s more to come next week – I might even sing again, who knows.” Interested customers can learn more about entering the sweepstakes and additional PayPal offerings on the company’s website.

Not a PayPal customer yet? PayPal provides a fast, secure, and versatile payment option for both shopping and sending money. Customers can choose how they want to pay, whether via debit card, credit card, bank account, or PayPal balance, along with the option to defer payments using Pay Later.