PayPal ramps up mobile payments business
October 20, 2016 at 16:16 PM EDT
PayPal reported third quarter earnings after the bell on Thursday. The global payments company reported $2.67 billion in revenue, when analysts were expecting $2.65 billion. Adjusted earnings per share stood at 35 cents, in line with Wall Street expectations. However, some investors were disappointed to see that PayPal missed on total payment volume, a metric of total transactions on its… Read More
