08:51 AM EDT, 10/23/2024 (MT Newswires) -- PayPal Holdings ( PYPL ) said Wednesday it has deepened a collaboration with Global Payments ( GPN ) to offer its streamlined checkout service Fastlane to Global Payments' ( GPN ) US merchants.

Fastlane can help reduce checkout times by over 28% and deliver almost 50% higher checkout conversion rates compared with traditional checkout flows for shoppers paying with a card, PayPal ( PYPL ) said citing internal data.

Financial details of the partnership were not disclosed.

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