PayPal’s OneTouch Expects to Get Millions of New Users Leading Up to Black Friday

PayPal touted the growth of its One Touch business--which lets PayPal users avoid having to log in multiple times from the same device--as it faces increased competition from Apple now that Apple Pay has expanded to the web.

On Thursday, PayPal said that it expects more than five million merchants will be allowing shoppers to use One Touch, and 36 million consumers will using One Touch by the end of the year. That’s up from 22 million consumers from this past spring.

One of the key...

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