Found this really interesting $PYPL: “The tap-to-pay feature enables sellers to accept payments without additional hardware; PayPal charges 2.29% plus 9 cents for each sale made using this method.”

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I’d like to know additional details but seems like it could be a good growth driver and way to monetize the user base.

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Would users be able to pay directly from their accounts like a debit or would they have to use an associated credit card? Would merchants have to pay regular fees associated with cards/debit or is the 2.29% plus 9 cents the only fee for merchants? I would think the extra CC fees would still apply.

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Not sure how this compares with other payment processors for merchants but still could be competitive enough to gain some market share in a new segment.

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