PayPal places digital wallets at the forefront of future company growth

April 27, 2022, 6:35PM EDT · 1 min readPayPal's CEO stressed during the company's quarterly earnings call on Wednesday that digital wallets will play a key role in the digital payment firm's future growth.

Schulman cited several statistics as the rationale: more than 50% of the PayPal base uses the company’s digital wallet, customers who use the digital wallet transact 25% more at checkout than users who don’t, and over 70% of buy now pay later users did it through the firm’s digital wallet.

This is pretty much un news

PayPal deplatformed/suspended people during the scamdemic for having non-leftist views. They deserve to go bankrupt and follow the path of Netflix and others that chose wokism and authoritarianism, not freedom of speech. Will never use their products ever.

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