PayPal's Stock Is Dead Money, At Best
PayPal(PYPL) Seeking Alpha·2024-08-07 05:13
Images By Tang Ming Tung PayPal Holdings, Inc. (NASDAQ:PYPL) has been one of the first beneficiaries of growing e-commerce transactions. It developed a network early on to wire money between customers and merchants, putting it miles ahead in the race. The COVID-19 pandemic further accelerated the shift towards digital payments, and the business was thriving, or so it seemed. As electronic payments surpassed cash payments worldwide only a few years ago, there is still plenty of growth in the industry to capi ...