PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses

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• The HillCenter·2h ago

  PayPal to give up $30M after DOJ accusations of bias in favor of minority-owned businesses

  PayPal is expected to launch a new initiative waiving processing fees on $1 billion 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 the intention...

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