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News briefs
PayPal acquires Japanese buy-now-pay-later venture
U.S.-based payment platform PayPal Holdings has announced the acquisition of Paidy, a digital payment platform based in Japan. Paidy develops a two-sided payment platform and is also a provider of buy-now-pay-later solutions in Japan, a strategically important market for PayPal. According to the American company, almost three-quarters of all purchases ...
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News briefsGerman banks launch unified digital payment service
Banks and savings institutes in Germany are driving forward the standardization of their online payment processes. Since May 5, the institutions will gradually offer customers and retailers a bundled payment service for all aspects of checking accounts. The five major banking associations that make up the Deutsche Kreditwirtschaft ( ...
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News briefs
Burton pilots sales incentive program in Germany, Austria and Switzerland
According to Boardsport Source , Burton has initiated in certain European countries a pilot version of the “Sales Incentive Program” it has set up in the U.S. Employees at its wholesale partners in Germany, Austria and Switzerland are receiving a commission, or “cash bonus,” on the sale of Burton ...
