Business
How PayPal is helping usher in a cashless society
This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.
While the United States still has a long way to go to match China as a cashless society, PayPal Holdings Inc (NASDAQ: PYPL) is helping the U.S. bridge the gap. PayPal has struck deals with several major retailers to use its QR code solution at checkout. If its technology becomes more widely adopted, PayPal will cement its position in the rapidly expanding digital payments market.
Here’s what PayPal’s QR code solution could mean for its growth.
A momentous year for PayPal
PayPal Holdings reported stellar earnings results through 2020, as mobile payment adoption soared during the pandemic. In the third quarter, total…
-
Noosa News23 hours agoGelato Messina and Tony’s Chocolonely Have Collabed on a Super Gooey Bake-At-Home Cookie Pie Perfect for Cold Winter Nights
-
Noosa News23 hours agoProud tradition continues at Cornwalls – Proctor
-
Business23 hours agoHow to earn $100 a month of passive income from ASX dividends
-
Noosa News23 hours agoQueensland demands GST reform as state faces years in the red; Teachers rally outside Parliament as budget puts pay rises at 3.5 per cent