PayPal $PYPL (-0.12%) / Shopify $SHOP (+0.36%)

The payment service provider PayPal is expanding its cooperation with the shopping platform provider Shopify in the USA. The integration of PayPal Wallet transactions into Shopify Payments via PayPal Complete Payments will create a standardized payment platform for Shopify merchants, the companies announced. The improvement should lead to more efficient processing of payment transactions, the companies said.