PayPal Holdings Inc (NASDAQ: PYPL)went to market...and made another merchant-related acquisition. That's right, within weeks of acquiring iZettle, the European-based payment processing company that caters to small merchants, PayPal made another acquisition that augments the overall package it can offer merchants looking for its services.
This time, the company acquired Jetlore, an AI-powered platform for retailers. Jetlore takes billions of customer data points, analyzes them, and creates actionable data that businesses can take for each individual customer.PayPal's Power Play to Capture Payment Processing Industry
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