“PayPal is rolling out a new e-commerce platform that gives small businesses the same access to the online shopping infrastructure as tech giants like Facebook. The new platform brings together existing parts of PayPal’s payments business — letting merchants accept money online and shoppers to check out through PayPal. It also opens up back-end systems like fraud protection, compliance, and authenticating an account, which would be expensive and “almost impossible” for a small start-up to build on its own, PayPal COO Bill Ready said.”
PayPal Opens up Access to E-commerce Platform That’s Already Used by Instagram and Facebook
CNBC
