PayPal Holdings Inc moved to extend the reach of its online payments business through a deal with Visa Inc that is expected to boost the revenue and number of users of the money-transfer service.
The partnership announced on July 21 is intended to make it easier for customers to use Visa credit and debit cards in PayPal transactions and allow shoppers to use PayPal in brick-and-mortar retail locations. It is PayPal's latest effort to bring its Internet payments service to the physical checkout line.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!