PayPal Partners With Alliance Data

Loyalty and marketing solutions provider Alliance Data signed new agreements with online payments service PayPal on August 6, a press release for the company said. 

Alliance Data agreed for its Retail Services business to become an issuer for PayPal's Bill Me Later payment option, and to maintain a stake in the program's accounts receivables.

The Texas-based company will also work with PayPal to increase its acceptance at physical merchants.

For more on the terms of the deals, read the full report here.

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