The new banks: How Square, PayPal and other fintechs are taking over finance

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The new banks: How Square, PayPal and other fintechs are taking over finance
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A remarkable thing happened atEven while physical stores around the world were shuttered, crippling sales at retailers and restaurants, the payments processor saw transactions jump 26% to 3.

7 billion in the second quarter. Driven by the need for merchants and consumers to move online, the company consistently saw volumes more typical of peak holiday shopping periods.Related Tags

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