October 5, 2017Blog Posts

PayPal expands Mastercard deal to boost retail reach

Mobile World Live:

Mastercard and PayPal extended an existing US and APAC agreement to cover the rest of the world, a move which will further expand the e-commerce giant’s reach into physical retail stores. Following the deal, the pair will collaborate in Latin America, Africa, Europe and Canada to increase in-store PayPal acceptance and add a Mastercard payment option into PayPal’s digital channels.  The agreement is the expansion of a deal announced in September, and is similar in scope to one inked earlier this year between PayPal and Visa.

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