PayPal Holdings (PYPL) and J.P. Morgan (JPM) Payments announced the expansion of their strategic relationship. J.P. Morgan Payments plans to offer Fastlane by PayPal for its merchant clients in the UK and Europe. In addition, PayPal is planning to expand merchant acquiring to businesses across the UK and European markets by leveraging J.P. Morgan Payments’ industry leading Commerce Platform. This expansion will demonstrate how both companies are united in their mission to scale innovation and redefine the global digital commerce experience.
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