PayPal (PYPL) has extended yet another peace pipe in its quest to end its disputes with major credit cards and to create a firmer foothold in bricks-and-mortar stores. In return, investors are being presented with an opportunity to profit.
On Tuesday, PayPal said that it had inked a deal with MasterCard that will allow PayPal users to use a MasterCard credit or debit account as a default payment method on its website. PayPal will also share data with MasterCard that it receives from the credit card company’s checkout counter mobile-tap tools.
