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PayPal’s Interest in Pinterest Is Justified by the Numbers
The online payments pot is growing fast enough for all the big players to profit.
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All the tech giants want to become payment companies. There’s already Apple Pay, Google Pay and Amazon Pay. Just this week Facebook Inc. released its digital currency wallet.
So should it be any surprise that PayPal Holdings Inc., the payments company, in turn also wants to become a social media company? For the San Jose, Calif.-based firm, attack may be the best form of defense against the incursions of the other West Coast titans.