PayPal CEO on Opening Up its Platform to Consumers

What was the primary reason PayPal decided to open its platform to consumer choice?

• To eliminate competition

• To provide consumers with more payment options

• To reduce operational costs

• To increase transaction fees

How did PayPal's decision to stop steering consumers affect its relationship with financial institutions?

• It allowed for new partnerships

• It caused a decline in digital transactions

• It resulted in higher fees

• It led to increased competition

What was the dual perception of PayPal by financial institutions before the strategic change?

• A competitor and a partner

• A friend and an enemy

• A disruptor and a stabilizer

• A leader and a follower

What was one of the outcomes of PayPal's strategic shift in terms of partnerships?

• A reduction in consumer choice

• A decline in market share

• A decrease in digital transactions

• An increase in strategic partnerships

What is the new focus of PayPal's collaboration with financial institutions?

• Promoting cash transactions

• Enhancing credit card usage

• Driving digital payments

• Increasing loan offerings