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PayPal has reached an agreement with Shopify to process its debit and credit card transactions

PayPal Holdings Inc. added Shopify Inc. to its list of recent partners and reached an agreement to process some of the payments company's debit and credit card transactions. As part of the agreement, PayPal's wallet will also be integrated with Shopify Payments, according to a Monday statement. The two companies also teamed up to launch Shopify Payments in France two years ago.