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PayPal is working on a new consumer app for its mobile customers, and suggested that it will be "ready" to take advantage of the new EU regulation, the Digital Markets Act (DMA), when it goes into effect next month for tech "gatekeepers," like Apple. For PayPal, one of the significant changes coming in the DMA is the ability for third-party apps to access the NFC technology that currently powers Apple Pay in their own mobile wallet applications.

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