Boasting a record amount of new accounts, PayPal had what it calls “a transformative year” in 2017. By the numbers, that means a 21% revenue growth to $13 billion and with $15 billion projected for 2018.
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"There are bills to be paid, groceries and gas to be bought, families to support," writes PayPal CEO Dan Schulman.
Companies including Amazon, Facebook, United Airlines, and more are giving back
The division operates at a loss and has few revenue sources.
The service was favored by the suspect of the Pittsburgh synagogue shooting.
PayPal Holdings Inc. rallied as much as 9.5 percent after beating third-quarter estimates.