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News in brief

PayPal pays next day

News in brief

PayPal is piloting Next-Day Settlement (NDS), a new service that cuts the time taken for transfers between a merchant’s PayPal account and their bank account from the usual three or four days to 24 hours. “We’ve been working with our banking partners to optimize processes on both their end and ours so that we can make the 24-hour transfer a reality,” PayPal says.

Filed by Email Rian Boden nfcworld.com Published • Last updated 11 July 2014, 12:41

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