PayPal Profit Beats Estimates, an Encouraging Sign for Venmo

The transcript discusses PayPal's strong financial performance, with a 14% revenue increase in the third quarter and an improved fourth-quarter outlook. PayPal is making strides in monetizing Venmo and expanding into in-store experiences through deals like the one with Walmart. Despite facing competition from companies like Audien, Stripe, and Square, PayPal continues to perform well, beating analysts' expectations and raising its full-year forecast.

What was the percentage increase in PayPal's revenue during the third quarter?

• 10%

• 14%

• 20%

• 25%

Which mobile payment service is PayPal making progress in monetizing?

• Zelle

• Cash App

• Google Pay

• Venmo

What type of transactions is PayPal excelling in, according to the report?

• Cryptocurrency transactions

• International transactions

• Mobile and online transactions

• In-store transactions

Which major retailer has PayPal partnered with to offer in-store services?

• Best Buy

• Walmart

• Amazon

• Target

Which company replaced PayPal as the main online payments processor for eBay?

• Square

• Stripe

• Audien

• Chase Paymentech