Tag Archives: pypl

Wal-Mart Pay Might Disrupt PayPal Payments: Analysts

Wal-Mart (WMT) has entered the payments field, and that could disrupt PayPal (PYPL) ‘s plans to land the in-store payments business from leading retailers. Wal-Mart Pay adds checkout and payment capabilities to it’s mobile app, which accounts for more than 50% of the retail leader’s online sales. “The Wal-Mart app was built to make shopping faster and easier,” Neil Ashe, CEO of global e-commerce for Wal-Mart, said in the company’s press release

Apple, Google, PayPal Well Suited For eWallet Growth

Using your smartphone for buying goods, with digital wallet apps from Apple (AAPL), Alphabet’s (GOOGL) Google, PayPal (PYPL) and others, will surpass credit card use by 2019, according to payment processing company Worldpay. Global purchases from digital wallets, also called eWallets, is expected to hit $647 billion in 2019, up 67% from $387 billion last year, it said. That will surpass the $577 billion in goods expected to be bought using credit

No Threat From Apple, Google To PayPal’s P2P App

PayPal (PYPL) and its viral peer-to-peer payments app Venmo will start to add sales and profit to PayPal come 2017, according to Jefferies analyst Jason Kupferberg. Kupferberg’s monetization scenario assumes a base of 3.2 million Venmo users and expects to see revenue growth between 0.8% and 2.5%, and bottom line growth of 1.2% to 2.4% by 2017. “Longer term, Venmo’s huge growth should have positive network effects for PayPal,” the analyst wrote in