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Stripe’s early success in acquiring customers was largely due to its mass appeal to the developer community. The company was ultimately acquired by PayPal in 2013, and now represents a sizable chunk of its merchant business. Source: Square. Business lending & corporate cards. Source: Stripe.
In the last year, Amazon has been investing in growing Amazon Pay’s marketplace, including forming its first partnership with an acquiring bank Worldpay. That same year, the company acquired TextPayMe , a peer-to-peer (P2P) mobile service that was relaunched as Amazon Webpay in 2011.
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