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0 0.000797236247674758 -0.000425192665426437 -0.000212596332713218 -0.0270985915492958 -0.0335370714855169 -0.0366728673930375 -0.0333776242359819
Stock impact report

PayPal says 'buy now, pay later' volumes surged 400% on Black Friday [Financial Post (Toronto, Ontario, Canada)]

PayPal Holdings, Inc. (PYPL) 
Last paypal holdings, inc. earnings: 1/29 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.paypal-corp.com
Company Research Source: Financial Post
earlier as the payments giant starts to gain traction in the fast-growing credit method, the company's chief executive told the Reuters Next conference. PayPal launched its “Buy in 4” platform in August last year, making its entry into the increasingly competitive lending niche. Giving Tuesday 2021 in Canada Advertisement “We saw a 400% year-on-year rise on our volumes going through ‘buy now, pay later' this past Black Friday,” PayPal CEO Dan Schulman said. “It's booming right now.” He added that more than 9 million people have used its service. Advertisement Article content Black Friday is the unofficial shopping holiday in late November on the day after the U.S. Thanksgiving holiday. “We had more than 1 million first-time users for the first time ever in the month of November,” Schulman said. “It's not just popular but accelerating in popularity.” Buy now, pay later (BNPL) services have exploded in popularity in tandem with the acceleration in e-commerce volumes du Show less Read more
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