PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses
The Hill
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PayPal is expected to launch a new initiative waiving processing fees on $1 billion’s worth of transactions at the value of $30 million after signing a Tuesday settlement with the Justice Department to resolve concerns about its previous commitment to support minority-owned businesses.
In 2020, the company created the Economic Opportunity Fund with intentions to…
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