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.

Who are some of PayPal's competitors mentioned in the text?

What was the outcome of PayPal's earnings report in relation to analysts' expectations?