PayPal Enters Chilean Market With Multicaja Partnership

PayPal has entered an agreement with Chilean payments network Multicaja to help small business accept payments, according to Finextra.

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    PayPal and Multicaja have joined forces to create the Retiros Multicaja service, which lets Chilean businesses that accept international PayPal payments to deposit those funds directly into their bank accounts. Multicaja represents more than 50,000 merchants in the Chilean market.

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