PayPal Leads PPRO Investment

Cross-border e-payments specialist PPRO announced an investment this week from PayPal. The leading payments provider led the $50 million funding round with participation from Citi Ventures and HPE Growth Capital.

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PayPal Steps Up Square Challenge with iZettle Acquisition

Deep pockets, multichannel expertise and access to markets are all coming together to make PayPal and iZettle look very much like a formidable global competitor to Square. This acquisition is the latest in a string of deals in which key players are combining expertise and market coverage to adapt to a rapidly evolving payments environment.

In this space, expansion and growth often come down to the question: Who can serve small businesses best?

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Enabling Cross-Border and Omnichannel Commerce: News Roundup

Much of the news over the past week has focused on enabling merchants to be everywhere. Several companies, including Wirecard and iZettle, have launched products to allow selling across borders using preferred local payments methods or unifying the consumer experience across mobile, e-commerce and the physical point of sale.

We also have news from Mastercard and an acquisition for Blackbaud in this week’s roundup.

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