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PayPal: Are Growth Prospects Good?

Summary

-PayPal is a fundamentally solid company with promising growth prospects.

-New deals with Google and Apple will create additional sources of revenue and more opportunities down the road.

-As the e-commerce market grows, PayPal's innovative and payment processing and transferring service is poised to benefit greatly.

-In the future, it is very possible that PayPal will ink even more collaborative agreements with other companies like Amazon.

-PayPal's payment platform is easy to use, secure, and is offered at a low price.

PayPal (PYPL) has been in the news recently because of their recent collaborative deal with Apple (AAPL); Apple will now accept PayPal as a payment method for their app store and other digital markets. With the global e-commerce market expected to surpass 4 trillion dollars by 2020, PayPal is in a superb position to capitalize on this consumer trend. Their payment processing platform is wonderfully designed and optimized to appeal to all customers who want a safe and secure payment method. This collaborative deal with Apple opens up a bundle of opportunities for PayPal and creates more collaborative possibilities with Apple down the road. If you look at the big picture, there is a possibility that Amazon and other companies will also accept PayPal as a viable form of payment in the future.

PayPal's Growth Prospects

PayPal allows their users to move their money and pay for products using their payment processing platform and technology. Read the rest of the article here.


At the time of writing, shares of PayPal traded $57.16. As of July 7th, shares trade at $86.17. 

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