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PayPal shares plunge after eBay splits with payment provider in favor of Adyen

PayPal shares dropped 10% in after-hours trading. EBay will start working with global payment company Adyen to process its sales.        
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Online marketplace said it will work with global payment company Adyen to process its sales.        

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Technology : Venture Beat

(Reuters) — PayPal shares fell as much as 12 percent in after-hours trading on Wednesday after former parent company eBay said it had signed up a new primary payment processor. EBay said it will start processing payments globally us...


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