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February 14, 2017 09:47 pm GMT
PayPal has agreed to buy bill payment management company TIO Networks for $233 million in cash.The deal will allow PayPal to gain access to a market of customers who pay their utility and cable bills at kiosks in locations like Rite Aid. This will help the company reach the“underserved” chunk of North Americans who are living paycheck-to-paycheck, withsome who even lack… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jpIQ8P1FQ_M/
PayPal buys TIO Networks for $233 million
PayPal has agreed to buy bill payment management company TIO Networks for $233 million in cash.The deal will allow PayPal to gain access to a market of customers who pay their utility and cable bills at kiosks in locations like Rite Aid. This will help the company reach the“underserved” chunk of North Americans who are living paycheck-to-paycheck, withsome who even lack… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/jpIQ8P1FQ_M/
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