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PayPal acquires Swedish payments firm iZettle

Image copyright iZettle PayPal has purchased iZettle, a Swedish cellular payments corporate that sells a card-reader geared toward small companies, for $2.2bn (£1.6bn). The transfer boosts PayPal’s in-store presence at a time when pageant within the on-line payments sector is expanding. The takeover comes lower than 3 weeks after iZettle …

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