PayPal (NASDAQ:PYPL) recently announced it is rolling out a new PayPal for Marketplaces product, an end-to-end global payment solution, designed to help businesses manage and tailor payments to their specific needs.
Introducing PayPal for Marketplaces
PayPal for Marketplaces is a flexible and comprehensive payment solution for businesses that accept and disburse funds.
In recent years there has been an ongoing rise in online marketplaces which have unique payment needs. It is estimated that by 2020, global marketplaces will own almost 40 percent of the online retail market.
