Paypal CEO Says Seeing A 15% To 20% Increase In Buy Now Pay Later Use
Portfolio Pulse from Benzinga Newsdesk
PayPal's CEO announced a significant increase in the use of their Buy Now Pay Later (BNPL) service, with a 15% to 20% rise. This indicates growing consumer adoption and could positively impact PayPal's financial performance.
October 29, 2024 | 12:10 pm
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PayPal has reported a 15% to 20% increase in the use of its Buy Now Pay Later service, suggesting strong consumer adoption and potential positive impact on revenue.
The reported increase in BNPL usage suggests that more consumers are opting for this payment method, which could lead to higher transaction volumes and revenue for PayPal. This is a positive indicator for PayPal's financial health and growth prospects.
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