PayPal acquires Paydiant, to take on Apple Pay?

PayPal today announced that the company is acquiring wallet maker Paydiant. According to Re/Code, the acquisition price was a hefty $280 million. For starters, Paydiant is a wallet maker, as well as the developer behind Subway, Capital One and even MCX’s wallet systems. Paydiant’s tech is very impressive – it lets merchants create their own loyalty cards, payment and even offers into their smartphone apps.… Read More

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