Flush with cash and boasting a clean balance sheet amidst the golden age of digital payments, PayPal CEO Dan Schulman reiterated Sunday the company plans to spend $1 billion to $3 billion a year on acquisitions. Schulman’s comments came via a new interview with Germany’s Handelsblatt newspaper. He didn’t rule out spending more than the $2.2 billion it cost PayPal to buy international commerce platform iZettle this year.

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