CALIFORNIA – PayPal made a major announcement for its payment service on Wednesday. Users will now be able to use PayPal to make purchases in the iTunes App Store.
— Bill Ready (@williamready) 11 juli 2017
The deal will help PayPal generate new revenue and attract customers who might still be wary of adding credit or debit cards to iTunes.
Shares of PayPal reached 57.60 on Wednesday and have traded as low as $36.28 over the past 52-weeks.