The all-cash deal is PayPal's biggest-ever acquisition following its divorce from former parent company eBay in 2015, and comes just weeks after iZettle, which now operates in 12 countries around the world, filed for an IPO as it looked to expand.
Like the US-based Square, iZettle is best known as the provider of devices and software that allow smartphones and tablets to read credit cards. The company also offers services such as cash advances and an ecommerce offering in a bid to provide a full-fledged commerce platform for small businesses.
By joining PayPal, which operates in 200 countries, iZettle will be able to accelerate its global expansion, including to the USA, the companies said.
Pashinian: 'No vendetta' if he becomes Armenian premier
It remains to be seen whether the HHK, which continues to control the majority of seats in the parliament, will agree to them. He said his ministers will be chosen "as a result of discussions" with his allies and other political groups.
PayPal, based in San Jose, California, says Stockholm-based iZettle is on pace to process about $6 billion in payments this year.
PayPal said it hopes to be able to reap the advantages of the merger nearly immediately in certain areas, and that the financial benefits will kick in shortly after the deal closes, expected in the third quarter. "Combined with the iZettle brand, capabilities and talent this means we're ready to level the playing field for small businesses all around the world".
Dan Schulman, President and CEO, PayPal said: "We expect to close the deal in the third quarter of 2018, at which time we will begin our integration efforts".
Buying iZettle will expand PayPal's reach into shops in Brazil, Denmark, Finland, France, Germany, Italy, Mexico, the Netherlands, Norway, Spain and Sweden. Today, the company's commerce solutions empower almost half a million merchants across 12 countries and two continents to get paid, sell smarter and grow their businesses.
And this morning two engineers and a pilot from the Air Accident Investigation Unit will continues their inquiry in County Offaly. It is noted that the flight took place on the territory of the parachute club, the causes of the crash are being investigated.
Blankenship, who has poured millions of dollars into state elections, vowed he would not support Morrisey in the general election. Mary Taylor likened him to Democrats Barack Obama and Hillary Clinton and questioned his loyalty to President Donald Trump .
The White House released a statement on Monday about the delegation it will send to next week's ceremony in honor of the U.S. While Israel views Jerusalem as its capital, Palestinians view East Jerusalem as the capital of a future Palestinian state.
Hawaii County Civil Defense warning residents in lower Puna to remain vigilant, and be prepared to evacuated if necessary. The plant, which is owned by Ormat Technologies of Reno, Nevada, is across a highway from where lava has been erupting.
It built as the puck that Kuznetsov tapped away from Sidney Crosby made its way to Washington teammate Alexander Ovechkin. In Wilson's three games on the top-line he chipped in for four assists while also setting the tone with his physicality.
And Nikki - who is the twin sister of fellow wrestler Brie Bella - later admitted she was left " speechless " by his comments. We're open books, we have no filters.it just shows other women out there, you're not alone.
The Open Society Foundations project was started in 1979, with the first non-US foundation opening in Hungary in 1984. Soros has remarked that the Hungarian government was attempting to slander him by pushing "distortions and lies".
Sadr has led two uprisings against USA forces in Iraq and is one of the few Shiite leaders to distance himself from Iran. Only 44 percent of voters turned out the lowest in the four elections held since Saddam's ouster in 2003.
Rs 7579 crore in gross NPA addition was due to the Nirav Modi fraud; Rs 10,237 crore was due to RBI's new stressed asset circular. India's Punjab National Bank (PNB) is all set to announce its fourth quarter results today.
Arsene Wenger warns Tottenham they may need to sell Harry Kane
Today, a guy like [Tottenham striker] Kane, I don't know for much they can sell him for - £100m? 'So they could get extra provide. It will be tricky for Tottenham to balance being competitive and successful and balancing the books in the coming years.
NHL: Capitals take Game 1 against Bolts
Washington spent two flawlessly the start of the period and has naturally selected the " Tampa " home ice advantage. They bottled up the Lightning speed through the neutral zone and didn't allow them time in the offensive zone.
Google Pauses AdWords Abortion Ads In Ireland
The news comes amid increasing focus on how online ads were used in campaigns like the Brexit referendum or the 2016 USA election. Mr Lawless has been pushing for a law requiring all online advertisers to disclose the publishers and sponsors behind ads.
Democrats In GOP-Dominated Indiana See Hope On Primary Day
Trey Hollingsworth in the 9th District - have been absent from the districts and are clueless about what their constituents need. Braun spent more than $4 million of his own money in the race, and took out a series of negative ads against his GOP opponents.
Woods, Mickelson paired at Players Championship
I just didn't hit good putts, and on top of that, the ones I did hit well, I didn't have enough speed on them. I mean, I love the chance. we're going to have a lot of fun", Mickelson said. "We don't get it very often.
Lebanon election: Hezbollah strengthened, Hariri weakened
Lebanese media are reporting that the Shia parties Amal and Hezbollah are expected to win 16 and 13 seats respectively. Preliminary unofficial results show Hezbollah and its political allies have won more than half of the seats.