Advertisement
UK markets closed
  • FTSE 100

    8,046.16
    +22.29 (+0.28%)
     
  • FTSE 250

    19,788.30
    +188.91 (+0.96%)
     
  • AIM

    755.76
    +6.58 (+0.88%)
     
  • GBP/EUR

    1.1623
    +0.0034 (+0.29%)
     
  • GBP/USD

    1.2435
    +0.0085 (+0.69%)
     
  • Bitcoin GBP

    53,522.65
    +473.39 (+0.89%)
     
  • CMC Crypto 200

    1,433.87
    +19.11 (+1.35%)
     
  • S&P 500

    5,062.96
    +52.36 (+1.04%)
     
  • DOW

    38,439.89
    +199.91 (+0.52%)
     
  • CRUDE OIL

    82.75
    +0.85 (+1.04%)
     
  • GOLD FUTURES

    2,336.30
    -10.10 (-0.43%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    18,141.78
    +280.98 (+1.57%)
     
  • CAC 40

    8,110.08
    +69.72 (+0.87%)
     

PayPal Invests in India’s Point-of-Sale Provider Pine Labs

PayPal Invests in India’s Point-of-Sale Provider Pine Labs

PayPal (PYPL) recently joined other investors in injecting $125 million into Indian-based POS (point-of-sale) terminal provider Pine Labs, TechCrunch reported. Like PayPal rival Square (SQ), Pine Labs also makes POS devices that enable traders to accept card-based payments. In addition to selling POS terminals and processing payments for merchants, Pine Labs also offers mobile wallet services and advances loans to customers.