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PayPal’s technology and development spend up 9% YoY

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PayPal Holdings Inc.’s technology and development spend in Q4 2021 reached $796 million, a 9% year-over-year increase. The payment company also spent 5% more on tech during the quarter than in Q3, according to its generally accepted accounting principles (GAAP) operating expenses released as part of Tuesday’s Q4 earnings call. The upward tick in technology […]

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