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PayPal and Square emerge as leaders in the payments space. PayPal and Square emerge as leaders in the payments space. PayPal was the first major company to pioneer a new online payments method for budding e-commerce sites like eBay, which previously relied on checks and money orders. TABLE OF CONTENTS. rate per transaction.
People don’t tend to think of them as a payments provider, but a very large part of what they do is move money seamlessly between consumers and the micro-businesses, called drivers.”. That is your entry point into how you are going to manage your business, and that is pretty scary for traditional banks.
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