PayPal and J.P. Morgan Payments Broaden Strategic Relationship to Launch Fastlane and Expand Merchant Acquiring in the UK and European Markets

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PayPal Holdings, Inc. and J.P. Morgan Payments today announced the expansion of their strategic relationship. J.P. Morgan Payments plans to offer Fastlane by PayPal for its merchant clients in the UK and Europe. In addition, PayPal is planning to expand merchant acquiring to businesses across the UK and European markets by leveraging J.P. Morgan Payments’ industry leading Commerce Platform.