Top Calls: MoffettNathanson Downgrades Paypal

The transcript discusses PayPal's competitive challenges, particularly from Apple Pay, which is rapidly gaining market share. It highlights the leadership transition with a new CEO and the vacancies in key C-Suite roles, which have affected the company's performance. The focus is on addressing competition, revitalizing PayPal's digital wallet, and steering consumers back to PayPal for checkouts.

What is the primary competitive threat to PayPal's branded checkout business?

• Apple Pay

• Google Pay

• Amazon Pay

• Samsung Pay

What is the expected strategic focus of PayPal's new CEO?

• Expanding into cryptocurrency

• Focusing on large enterprises

• Developing a new social media platform

• Refocusing on small businesses

Which companies are mentioned as competitors in the small business space?

• Square and Venmo

• Stripe and Adyen

• Google and Amazon

• Visa and Mastercard

What is unusual about PayPal's current C-Suite situation?

• The company has no CFO

• There are many open or temporary roles

• All positions are filled

• The CEO has been in place for over 20 years

What should be the first priority for PayPal's new leadership team?

• Addressing the competitive threat from Apple Pay

• Launching a new product line

• Expanding into new markets

• Increasing employee benefits