Comment on PayPal's Active Accounts Accelerate Sharply

PayPal's Active Accounts Accelerate Sharply

While PayPal Holdings' (NASDAQ: PYPL) management has a plethora of talking points to recap the third quarter of 2018, including major new partnerships and a completed e-commerce acquisition, PayPal's most significant story is a leap in new accounts. Below, we'll discuss the spike in this key metric, as well as other vital details from the last three months, after a brief review of headline numbers:Data source: PayPal Holdings Inc.Total payments volume (TPV), the total dollar amount of transactions conducted over PayPal's platform, jumped 24% against last year's comparable quarter, to $143 billion. Continue reading

 

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