In some ways, PayPal Holdings Inc.’s latest earnings report was like a flashback to the past. In the first few years after its 2015 split from eBay Inc. (EBAY) the story of PayPal (PYPL) was one of partnerships, as the company racked up agreements with big banks and other payments companies in defiance of the doubters who thought the company couldn’t stand up against the lions of fintech. Analysts were generally pleased to see that PayPal and Apple plan to play nice on numerous fronts, including with the inclusion of an Apple Pay button on PayPal’s unbranded checkout and with forthcoming compatibility for PayPal’s debit and credit cards within Apple’s mobile wallet. Read More...
In some ways, PayPal Holdings Inc.’s latest earnings report was like a flashback to the past. In the first few years after its 2015 split from eBay Inc. (EBAY) the story of PayPal (PYPL) was one of partnerships, as the company racked up agreements with big banks and other payments companies in defiance of the doubters who thought the company couldn’t stand up against the lions of fintech. Analysts were generally pleased to see that PayPal and Apple plan to play nice on numerous fronts, including with the inclusion of an Apple Pay button on PayPal’s unbranded checkout and with forthcoming compatibility for PayPal’s debit and credit cards within Apple’s mobile wallet.
