Paypal announced it is acquiring iZettle, a European competitor of Square, for $2.2 billion. The $2.2 billion deal is Paypal’s largest acquisition to date and would put the company in the field of physical payments. Watch Paypal trade in real-time here.
Paypal is up almost 2% in pre-market trading after announcing it will pay $2.2 billion to acquire iZettle. The Stockholm-based payments company offers mini credit card readers that allow smartphones and tablets to take payments, making