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PayPal to Go Live at 2 Million Retail Locations

By Steve Heller - Apr 23, 2013 at 1:00AM

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NASDAQ: EBAY

eBay Inc.

Market Cap

$26B

Today's Change

(-3.34%) -$1.56

Current Price

$45.09

Price as of May 16, 2022, 8:00 p.m. ET

Can PayPal overcome the challenges it faces by entering a new market?

It's official! eBay's (EBAY -3.34%) PayPal has begun going live at over 2 million U.S. retail locations where Discover Cards are accepted. This is a pinnacle moment for the online payment processor that's trying to capture share in the tremendous point-of-sale market. Despite eBay's ambitions, there are many challenges for the company to overcome before investors can call this move a success. In this video, Motley Fool contributor Steve Heller examines how big of an opportunity this could be for PayPal and what factors will contribute to its success.

Stocks Mentioned

eBay Inc.

EBAY

$45.09 (-3.34%) $-1.56

Mastercard Incorporated

$329.73 (-0.92%) $-3.07

Visa Inc.

$197.81 (-0.71%) $-1.42

Discover Financial Services

DFS

$103.00 (-1.81%) $-1.90

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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