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PayPal Discusses Potential Amazon Partnership
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PayPal Discusses Potential Amazon Partnership

PayPal Discusses Potential Amazon Partnership

Fintech Nexus Staff·
News RoundupOnline LendingUSA
·Jan. 30, 2017·1 min read

PayPal’s fourth quarter earnings release revealed a number of interesting developments for the company; the firm has been steadily growing its partnerships with e-commerce businesses which has helped increase the number of payment transactions per customer; in the fourth quarter PayPal reported 31.1 transactions per active customer which was an increase from 30.2 in the previous quarter and 27.5 in the comparable quarter; PayPal’s CEO Dan Schulman has also discussed a new partnership with Amazon that would allow Amazon customers to pay for purchases with PayPal which would further support increases in its customer account activity.  Source

PayPal Earnings Report

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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