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Discover (DFS +5%) and PayPal ink a deal giving the eBAY (EBAY +3.9%) unit access to...
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Wednesday, August 22, 2012, 9:47 AM ETDiscover (DFS +5%) and PayPal ink a deal giving the eBAY (EBAY +3.9%) unit access to Discover's network (7M+ retailers). Under the agreement, PayPal will issue payment cards to its 50M users allowing them to make payments anywhere Discover is accepted. PayPal will charge merchants a small fee, of which Discover will get a cut.
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