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Chip and grin

24 July 2017 By Antony Currie

Shares in relative newbies Square and PayPal as well as older outfits Visa and First Data are near all-time highs. Privately held Stripe has teamed up with Alipay and WeChat. Along with Amazon, Apple and others, they’re chasing a $2.3 trln business. They can’t all be winners.

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