PayPal, SoftBank team for mobile payments in Japan

PayPal hopes to take advantage of SoftBank's 29 million mobile subscribers as the two companies partner to launch mobile-payment service PayPal Here in Japan. "By partnering with a fast-growing mobile Internet leader like Softbank, we can bring our innovative, secure online and mobile payment solutions to market faster and at greater scale across Japan," said PayPal President David Marcus in a statement.

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PayPal forms alliance with Softbank to launch PayPal Here in Japan - GigaOm

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