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PayPal opens iPhone tap to pay for Venmo business users

The service lets Venmo business profiles and PayPal Zettle users in the U.S. accept payments, add taxes, accept tips, send receipts and issue refunds.

“Consumers are increasingly going cashless,” PayPal said in the release. “As a result, accepting card and digital wallet payments in person is increasingly table stakes for small businesses, but until recently, businesses have had to purchase and manage card readers to do so.”

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payments