PayPal becomes first foreign company to offer digital payments in China

PayPal becomes first foreign company to offer digital payments in China NoCash Plati & transferuri PayPal becomes first foreign company to offer digital payments in China 13 ianuarie 2021 U.S. fintech giant PayPal has completed a stake acquisition deal that makes it the first foreign company to offer digital payment services in China, as Beijing vows to open up its domestic financial market to foreign investors, according to CX Tech . PayPal acquired a 30% stake in Gopay, a Chinese provider of electronic payment services, a little more than a year after its purchase of 70% of Gopay (On September…