PayPal has confirmed it has been in talks with Amazon to potentially enable its users to purchase items and services from the shopping site using PayPal.
"We have been in conversations with Amazon," PayPal CEO Dan Schulman told Bloomberg in an interview. "We're closing in on 200 million users on our platform right now. At that scale, it's hard for any retailer to think about not accepting PayPal."
As the largest e-commerce site with an estimated 74.1 per cent of all online sales, Amazon is also one of the last holdouts when it comes to accepting the internet-based payment service.
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