Thursday, 27 July 2017

PayPal recipe for a successful transformation in Payments

PayPal reported yesterday 2Q17 results that demonstrates its solid position in the Payments industry. In the press release Dan Schulman, President and CEO of PayPal describes Paypal´s recipe for success:

“Our strong results reflect PayPal’s transformation from a single product to a platform company, from a vendor to a strategic partner to both merchants and ecosystem players, and from a checkout option to an increasingly more central way for consumers to manage and move their money.”

PayPal Reports Second Quarter 2017 Results and Raises Financial Guidance for Full Year

In my view one of the highlights of that recipe is the strategic partnerships. Since early 2016, PayPal has announced 22 partnerships agreements with card schemes, major US issuers, global tech companies, and select international players. This is really transformative, as PayPal is being now recognized as partners by certain players previously thought of as competitive threats.

Recent metrics suggest that this new direction is paying off:

  • TPV Growth: 26% y/y
  • Net Revenue Growth: 20% y/y
  • Active Account Growth: 12% y/y (or +6.5mn to 203mn)
  • Transaction Growth: 23% y/y
  • Mobile Payment Volume Growth: 50% y/y to 34% of TPV (vs 32% in 1Q17).


  1. Mobile payments can speed up the checkout process, which goes beyond the mere ease of it. It has an impact on the entire customer experience. 구글정보이용료

  2. All fundraising efforts that utilize these four sites must objective an association that is spoken to in the GuideStar registry. paypal for nonprofits

  3. Many companies now tend to establish online payment solutions in contrast to the traditional offline methods due to the worldwide appeal of them and easy accessibility the internet offers.소액결제현금화

  4. To find the best internet plans in your area, you can do one of two things: You can call providers for information and deal with the inevitable headache that comes with that. Mobilt Bredbånd | Priser i Norge 2019

  5. There are a lot of information sources on how to be successful financially. Read articles of successful financial management and learn from the growth mindset experts.

  6. This comment has been removed by the author.