PayPal Steps Up Offline Retail Presence with iZettle Announcement

PayPal’s $2.2 billion acquisition of Swedish small business commerce platform iZettle will boost its presence in 12 markets across European and Latin America, particularly in the physical retail space. The move highlights the increasingly overlapping businesses of PayPal and Square, of which iZettle is a competitor. Indeed, the announcement negatively impacted Square’s stock, though briefly. …Read More

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