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PayPal extends in-store reach with Discover
NEW ORLEANS — Discover has signed contracts with 50 merchant acquirers that will extend PayPal’s in-store acceptance to more than 2 million merchant outlets by the end of the year.
Eight months ago, PayPal announced its intention to create an innovative payment option that leveraged Discover’s payments infrastructure to provide PayPal’s more than 55 million active domestic account holders with access to millions of retail stores, restaurants and gas pumps.