ZIP surged +13.5% after announcing a strategic alliance with Stripe in the U.S. to accelerate market growth. MM uses Stripe to process credit card payments. The stock hit a 52-week high following the positive announcement of its partnership with the U.S. payment platform, which could see the local credit and digital payment provider accelerate its global adoption.
- U.S. merchants using Stripe will now be able to integrate Zip’s payment method seamlessly at checkouts in the U.S.
MM is bullish towards ZIP
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