PayPal, MasterCard reach deal for store payments

(Reuters) – MasterCard Inc said it signed a deal with PayPal Holdings Inc that will allow customers to use PayPal’s payment services in stores.
PayPal’s partnership with MasterCard follows a similar deal with Visa Inc in July as the company looks to expand its payments network.
The partnership with MasterCard was first reported by the Wall Street Journal.
PayPal will allow users to select a credit or debit card as the default payment method and share data on transactions made