08:45 AM EDT, 08/29/2024 (MT Newswires) -- (Corrects the reporting day in the first paragraph and updates the stock movement in the last paragraph.)

PayPal Holdings ( PYPL ) said Thursday that it has expanded its global partnership with Fiserv ( FI ) to streamline the integration of PayPal ( PYPL ) services for Fiserv's ( FI ) merchant clients and enhance guest checkout experiences in the US.

The expanded collaboration will simplify how Fiserv's ( FI ) clients enable PayPal ( PYPL ), Venmo, and related services, providing a straightforward connection to Fastlane, PayPal ( PYPL ) said.

Financial details of the partnership were not disclosed.

PayPal ( PYPL ) shares were up more than 1% in recent Thursday premarket activity.

Price: 71.26, Change: +0.83, Percent Change: +1.18