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2020 was undeniably a whirlwind year for PayPal. The 23-year-old payment technology provider logged record user and transaction volume growth. What’s more it released more than 60,000 configuration and software updates. PayPal’s stock market outperformance reflects its business growth, having risen over 185% from its March 2020 lows. We had anticipated platform growth to slow … Continued
PayPal announced its strategy at its investor day last week and consumer banking is squarely in its sights. It has been a long journey for PayPal from a simple button on a website to a full suite of consumer products targeting the underbanked (individuals or families who have a bank account but often rely on … Continued
One of my first jobs at university was working at Surf Dive ‘n’ Ski. In 1995 I was amazed by the number of people who used ‘lay-by’ to purchase goods, one of the earliest forms of instalment plan payment systems. We would ring the sale up, place the product in a bag, staple the receipt … Continued
