PayPal Announces A Partnership And The Stock Pops: 16/08/2024

PayPal today announced the strengthening of its global strategic partnership with Adyen, the global financial technology platform of choice for leading businesses. Within the expanded partnership, Adyen will offer Fastlane by PayPal to accelerate guest checkout flows for its enterprise and marketplace customers in the U.S., with plans to extend this offering globally in the future. Together, the companies expect Fastlane by PayPal to improve consumer shopping experiences and enhance conversion for businesses leveraging Adyen’s platform.  

This is bullish news… Fact.

Not sure there will be a tangible bottom line lift from this for the coming quarter but we should be seeing some of the new products start to increase margins by then anyway. So more rocket fuel for later on is always good.

Source: Click here


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