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PayPal LAUNCHES GRANT PAYMENTS


PayPal Holdings, Inc., in partnership with National Philanthropic Trust (NPT) and Vanguard Charitable, announced Grant Payments. This new product enables Donor-Advised Fund (DAF) sponsors, community foundations, and other grantmakers to deliver grants to charities quickly and electronically via PayPal. Charities will be able to collect awards soon after the grantmaker has authorized the cash thanks