PayPal Acquires Happy Returns May 17, 2021 Looking to create more of an end-to-end ecommerce solution and move beyond the perception that it’s a payments platform only, PayPal has acquired Happy Returns, which consolidates returns for its retail customers via a national network of mall and store collection points. Sensing encroaching into payments from Amazon, Apple, Google, Facebook and others, PayPal began expanding its offerings in recent years to provide a broader value proposition for merchants. It led a 2019 investment round in Happy Returns that netted the company $11 million. A star...