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Ecommerce

PayPal Doubles Down as Coronavirus Shifts Payments [Video]

PayPal Holdings users have been buying online like it’s Cyber Monday every day.

The digital-payment company grew rapidly in the first quarter despite a big decline in important spending categories like travel and events. The continuing shift from cash and in-store card spending to digital and e-commerce shopping is more than making up for continuing weakness in that kind of spending.

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