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The rollout of the physical PayPal Credit card will begin in the coming weeks for U.S. customers. Eligible existing PayPal Credit account holders will be notified about the upgrade opportunity. With annual revenue of $31.89 billion and a healthy net income of $4.5 billion, PayPal continues to demonstrate strong financial performance. This announcement is based on a press release statement from PayPal Holdings, Inc. For detailed insights into PayPal’s financial metrics and growth potential, including additional ProTips and comprehensive analysis, visit InvestingPro, where you’ll find expert research reports covering what really matters about top stocks through intuitive visuals and actionable intelligence.
In conjunction with the card’s release, PayPal is offering a promotional financing option for travel-related expenses. Customers can now pay for travel purchases over six months without any minimum spending requirement. This deal aims to provide a more flexible payment method for items such as flights, hotels, and transportation services, allowing consumers to spread costs over time to fit their financial plans.
The physical card is part of PayPal’s broader strategy to offer diverse payment solutions that accommodate different customer preferences. "PayPal Credit is one of our most popular products and customers have long been requesting the ability to use it on-the-go," said Scott Young, SVP, Global Head of Consumer Financial Services at PayPal. The company continues to introduce a variety of financial tools, including buy now pay later options and credit cards, to help customers manage their cash flow.
Synchrony’s EVP & CEO, Digital, Bart Schaller, emphasized the ongoing innovation in their partnership with PayPal, aiming to improve customer experiences by providing another physical card for everyday use. Similarly, Mastercard’s EVP of Global Partnerships, Adam Granoff, expressed pride in the expanded partnership, highlighting the combination of Mastercard’s global network with PayPal’s platform to offer a seamless shopping experience.
The new card complements the existing PayPal Cashback Mastercard as another physical payment method that can be added to mobile wallets for convenient tap-to-pay transactions. PayPal also offers a Buy Now Pay Later loan service, allowing customers to break down purchases into smaller payments.
The rollout of the physical PayPal Credit card will begin in the coming weeks for U.S. customers. Eligible existing PayPal Credit account holders will be notified about the upgrade opportunity. With annual revenue of $31.89 billion and a healthy net income of $4.5 billion, PayPal continues to demonstrate strong financial performance. This announcement is based on a press release statement from PayPal Holdings, Inc. For detailed insights into PayPal’s financial metrics and growth potential, including additional ProTips and comprehensive analysis, visit InvestingPro, where you’ll find expert research reports covering what really matters about top stocks through intuitive visuals and actionable intelligence.
In other recent news, PayPal Holdings Inc. reported its first-quarter 2025 earnings, delivering an earnings per share (EPS) of $1.33, which exceeded the forecasted $1.16, marking a 23% year-over-year increase. However, the company slightly missed revenue expectations, posting $7.8 billion against the anticipated $7.84 billion. PayPal’s Total Payment Volume grew by 3% to $417 billion, reflecting stable transaction revenue driven by a 1% increase on a currency-neutral basis. In partnership news, PayPal has teamed up with Perplexity to enhance AI-powered shopping experiences, allowing users to make purchases directly through Perplexity’s chat interface using PayPal or Venmo.
Analysts have shared varied perspectives on PayPal’s stock. Truist Securities downgraded PayPal to a Sell rating with a $68 price target, citing concerns over competitive pressures and economic factors. Meanwhile, KeyBanc maintained a Sector Weight rating, acknowledging PayPal’s solid performance but expressing caution about the broader economic environment. In contrast, JPMorgan maintained an Overweight rating with a $90 target, noting the company’s first-quarter results surpassed expectations, with strong transaction margin dollar growth and EPS performance. These developments highlight the mixed views on PayPal’s future amid its ongoing strategic initiatives and economic uncertainties.
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