[deurruti]

PayPal has Venmo integration coming later with Amazon. In my opinion it was announced way to early to be an event that could have been capitalized on. Also to think how many people will actually switch their payment method to Venmo when most people already have a funding instrument pre-selected. I imagine the number of peoples credit cards expiring this year to be a low number.

Also having said that, PayPal is not a company that will make Venmo with Amazon a value add for users. PayPal doesn’t innovate, they play catch up. The company knows that growth is not an option.

The only way to capitalize further is to increase transactions costs, integrate their non branded experience (Braintree) with more merchants, and seek out more deals/partnerships. Until then they’re gonna have to wait and see what will stick.

[kazanins]

Hi!

Agree on Venmo/Amazon deal. I guess they had to announce something positive on the earnings call, and this partnership was the only thing they had in their pocket.

You raised a good point on innovation! I would add that PayPal stopped innovating long time ago, and all their innovations came through acquisitions (including Braintree and Venmo).

They are still a big and a profitable company, but they are clearly struggling right now.