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PayPal shares are up 5% in its first day as a separate and publicly traded company. The payments system company officially split with eBay on Friday, 10 months after they announced that they were going their separate ways. PayPal processed $235 billion in total payment volume last year and logged revenue of about $8 billion. [...]

The post PayPal shares jump on eBay split – company valued at $50bn appeared first on Payments Cards & Mobile.

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