Has Paypal Bought Izettle?

The news comes as PayPal announced last September that it had completed its acquisition of iZettle. PayPal at the time said the closed $2.2 billion deal builds on the company's products and services that are geared toward small businesses in a press release at the time.

Is iZettle owned by PayPal?

SAN JOSE, Calif. --PayPal Holdings, Inc. (NASDAQ: PYPL) announced today that it has completed its acquisition of iZettle for approximately $2.2 billion USD.

Is PayPal here now iZettle?

Zettle is a well-known mobile POS system used in Europe. PayPal acquired it in 2018, and in July 2021, introduced it to the United States. It now replaces PayPal Here, although PayPal says it will continue to support Here users for the time being.

Maya Lin-Takahashi

Maya Lin-Takahashi

Consumer Tech & Gadget Reviewer

Maya is a hardware enthusiast who tests and reviews smart home devices, smartphones, wearables, and audio gear. She focuses on practical consumer value and build quality.