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But, he added, it also comes with some additional costs from more Visa transactions, at least initially. Shares of San Jose, California-based PayPal shares fell about 2 percent in after-hours trading following the call with investors. The company declined to offer specifics on the timeline or locations, and some investors questioned the difficulty of getting agreement from merchants. O , becoming an independently traded company on Wall Street for the second time, PayPal has grown aggressively. In exchange, Visa will integrate PayPal into its tap-and-pay feature - which allows the shopper to wave a card or mobile phone over a reader to pay - at certain retail locations. N that is expected to boost the revenue and number of users of the money-transfer service.

Heather Somerville 4 分で読む Reuters - PayPal Holdings Inc PYPL. Reporting by Heather Somerville in San Francisco; Editing by Matthew Lewis.

O moved to extend the reach of its online payments business through a deal with Visa Inc V. The Visa partnership positions PayPal to sign more deals with major financial institutions. PayPal agreed to share data about those transactions. Eighteen-year-old PayPal has million active customer accounts, an 11 percent increase over a year ago and a 2 percent rise over the first quarter this year, the company said. The PayPal logo is seen during an event at Terra Gallery in San Francisco, California May 21, In the year since its spinoff from e-commerce company eBay Inc EBAY. Visa shares rose less than 1 percent after the closing bell. The deal removes some cost uncertainty for PayPal, as it locks in a set fee PayPal will pay to Visa.