PayPal

This jet-setting collaboration has us feeling sky-high. Huge thanks to JetBlue and our team at Venmo for making this happen. ✈️

The entire PayPal team stands with the greater Los Angeles community, and everyone impacted by the devastating wildfires. As the situation continues to unfold, we continue to prioritize the safety and well-being of our employees and aid critical relief and recovery efforts. Here’s how we’re helping those impacted by this tragedy: 🔵 Matching up to $1 million USD in customer donations (up to $1,000 USD per user) made to support select charities responding to the disaster through PayPal Giving Fund on our campaign page through February 12, 2025. Contributions to this campaign will aid charitable organizations that are responding to the disaster and providing essential services to the affected communities and first responders. We are also matching 100% of eligible employee donations through an internal employee giving campaign. 🔵 Granting a total of $1 million to support the California Community Foundation, the California Fire Foundation, the Los Angeles Regional Food Bank, and the Los Angeles Fire Department Foundation. We also previously contributed to the American Red Cross’s Annual Disaster Giving Program, which has enabled them to quickly activate in the area. 🔵 Ensuring that PayPal merchants in the impacted areas have our support in their recovery by offering relief from late fees, collections reporting, and loan repayments. Please consider donating here: https://lnkd.in/gQiKmbxc Thank you to our entire PayPal community for coming together to support our colleagues and communities in need.

PayPal stands with the Los Angeles community and remains committed to supporting its recovery. If you would like to explore ways to help through our Cause Hub, please visit:  https://lnkd.in/e5gJgNH

We’re excited to be recognized as one of Bloomberg Businessweek’s top 50 companies to watch 2025.   “New partnerships with Adyen and Amazon Prime as well as efforts to monetize undertapped assets like Venmo’s and PayPal’s services for small and medium-size businesses should support surprisingly strong revenue growth and operating margins. About $6 billion in share buybacks will further boost earnings per share.”    We’re continuing to make steady progress on our transformation and excited about what’s ahead. See the full list: https://lnkd.in/gR7h5WJS

Today, on the United Nations-designated International Volunteer Day, we celebrate the monumental impact of employee volunteerism at PayPal and the meaningful connections it fosters—uniting our employees, small businesses, and nonprofits. 

The shopping period from Thanksgiving through Cyber Monday is the busiest and most important time of the year for hundreds of millions of PayPal customers. Our global team worked around the clock to help consumers take advantage of great deals and ensure our merchants had what they needed to win every sale, and we delivered: Cyber Monday was our biggest day of the year so far with approximately $7B in payments processed--$81k per second!

Our CEO Alex Chriss recently spoke with Payments Dive's Lynne Marek about our mission to revolutionize commerce and some of the influences that shaped him as a leader.   Alex said: “We are going from what people thought of as just a payments company to really being a commerce platform, and that’s a big shift.” 🚀   Read the full interview here: https://lnkd.in/g5yytqwc

We’re introducing a new P2P experience that gives customers a simple way to pool money with friends and family in the PayPal app for things like group gifts, travel, special events or other shared expenses. Customers will be able to set up a pool in the PayPal app or online, invite friends and family to contribute, track group contributions and transfer funds to their PayPal balance to spend or withdraw.    The new experience is now rolling out to customers in the US, Germany, Italy and Spain. Find out more: https://lnkd.in/e9vYYEz4

We reported third quarter results today, delivering strong performance on the back of a highly productive third quarter. We’re making good progress on our continued transformation and building the foundation for long-term, durable, and profitable growth. The steps we’re taking today will allow us to unlock the full potential of PayPal and Venmo over time. Thanks to the PayPal team for your continued efforts to deliver outstanding commerce experiences for our customers!     Read more about PayPal’s third quarter results: https://www.payp.al/Q3  

This week, our team came together for our Global All Hands to hear from PayPal President & CEO Alex Chriss (or do we mean WILL FERRELL?! IYKYK…), President of Global Markets Suzan Kereere, and the GM of our Consumer Group & Global Marketing and Communications Diego Scotti. We packed the stands at PayPal Park – where we are the preferred payments partner for the San Jose Earthquakes Soccer – to celebrate our wins, hear how we’re partnering with key customers like Amazon, and prepare for the coming months as we head into peak shopping season. We’re riding high coming out of the meeting… and we’re just getting started! Let’s go!