PayPal, the global online payments system, has finalized the acquisition of Honey Science Corporation, the e-Commerce company, its largest deal to date. With this acquisition, PayPal is aiming to modernize the online shopping process for its customers, along with scaling up the e-Commerce sales and engagements for its agents.

Honey Science Corp. has expanded its suite of offerings over time. Apart from an online price tracking tool, it also provides shopping rewards programs and assistance to shop. The integration of Honey to PayPal’s platform will enable robust services and tools for the consumers. It is expected that the transformation would improve the shopping experience for their 300 million customers.

Source: https://www.pymnts.com/news/partnerships-acquisitions/2020/paypal-finalizes-4-billion-dollar-honey-acquisition/