Allowing more smaller merchants onto its PayPal Commerce Platform is the online payment system’s latest move toward strengthening its market position.
Just over a year ago, the company acquired iZettle, a small business commerce platform that’s popular in Europe and Latin America, for $2.2 billion. The company has engaged in partnerships with other major brick-and-mortar retailers like 7-Eleven and Walmart, but this offering appears to be an effort to level the playing field between large and small businesses.