Paidy: PayPal Inks Deal to Expand Asia Reach

read the original version on: www.retailnews.asia The U.S. fintech giant announced a mostly cash deal to acquire Japan's buy now, pay later (BNPL) payments platform Paidy for ¥300 billion (about $2.7 billion) on Wednesday. The acquisition will expand PayPal's capabilities, distribution and relevance in the domestic payments market in Japan, the third-largest e-commerce market in the world, complementing the company's existing cross-border e-commerce [...] The post PayPal Inks Deal to Expand Asia Reach appeared first on Retail News Asia.