PayPal is dipping deep into its pockets to acquire iZettle, a European startup and financial technology firm that sells mobile credit card readers, for $2.2 billion, the company announced today. It’s obviously a massive purchase and one that seems to have excited investors—PayPal’s stock jumped around 2.3 percent following news of the planned

Source: Hot Hardware – PayPal Buys Startup iZettle For .2 Billion Bolstering Payment System Prowess To Battle Square