PayPal posts 22% revenue rise on back of e-commerce growth

The payments firm puts its growth down to a COVID-19-induced e-commerce growth, its newly launched crypto-endowed digital wallet in the US, and its roll out of buy now, pay later (BNPL) options. The firm whose stocks have gained 116% in the past year, saw its total payment volume grow to $936 billion – a rise of nearly a third (31%) in 2020 alone. PayPal sign Whilst 2020 set unprecedented records for PayPal, its outlook on 2021 is slightly more conservative Venmo, PayPal’s social payments servic
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