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PayPal's $2.2 billion acquisition of Swedish card terminal startup iZettle makes perfect sense — and Square should be worried (PYPL, SQ)PayPal plans to roll out iZettle to new international markets, and this is likely to include the US — that is bad news for Square, which has only really competed with iZettle in the UK.
PayPal plans to roll-out iZettle to new international markets and this will likely include the US - bad news for Square, which up until now has only really competed with iZettle in the UK.
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