PayPal overhauls U.S. rates as payments rivalry heats up

PayPal Holdings Inc will lift merchant costs for its branded payment products while cutting those for behind-the-scenes processing of some Visa and Mastercard transactions, a bold move in an increasingly competitive digital payments sector.
Read more: https://www.reuters.com/business/paypal-overhauls-us-rates-payments-competition-heats-up-2021-06-18/?source=Snapzu