eBay Inc. (NASDAQ:EBAY) stock moved higher on Wednesday after the company announced a global payment partnership aimed at enhancing user experience across its massive online marketplace.

The e-commerce giant revealed a collaboration with Checkout.com, a prominent international payment technology company. The partnership is intended to strengthen eBay’s digital payments infrastructure across its global network.

With billions of live listings and customers in nearly 200 countries, eBay said it continues to refine the core technology that underpins its platform.

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