PayPal and MasterCard End Fight With Agreement on Fees and Data

  • Agreement resembles July deal between PayPal and Visa
  • PayPal gets more in-store visibility, eliminates mobile fee

PayPal Holdings Inc. and MasterCard Inc. will end years of squabbling between the companies with an agreement announced Tuesday to give PayPal lower fees and more reach in stores, while increasing MasterCard’s online payments volume and helping its mobile-payments initiative.

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