Partnerships could address the very real need to a) reduce the cost of returns and delivery for the retailers, b) drive traffic to locations receiving the returns and c) make life easier for the consumer.

PayPal announced an undisclosed investment in Happy Returns, a service that places Return Bars in malls and inside retailers such as multi-unit PaperSource and independent boutiques.

Happy Returns is trying to solve for some of retailer's most pressing problems – consumer's frustration at the returns process, the mounting costs of online orders and declining foot traffic.

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