PayPal partners with Shopify for credit/debit card transaction processing.

PayPal Holdings Inc. has partnered with Shopify Inc. to process some of Shopify's debit and credit card transactions, integrating PayPal's digital wallet with Shopify Payments. This collaboration aligns with CEO Alex Chriss's strategy for long-term growth, emphasizing partnerships for innovation. The deal follows a previous partnership in France and positions PayPal against competitors like Adyen and Stripe in the payments-processing sector.

September 09, 2024
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