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PayPal warns that consumer spending is about to fall sharply

by TimeChangeEverything - 03 February, 2022 - 04:49 AM
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Quote:PayPal executives warned Tuesday that its forecasts for revenue and new active users would not be as strong as the company and Wall Street had hoped. Shares of PayPal plunged more than 25% on the news. CEO Dan Schulman also noted that small business customers are being hurt by supply chain woes and other "exogenous factors" Competition from traditional payment companies may also be hurting PayPal, which has been hit lately by worries about a slowdown in spending as well as a potential regulatory crackdown on companies offering "buy now, pay later" installment plans.



Source: https://edition.cnn.com/2022/02/02/inves...index.html
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(03 February, 2022 - 04:54 AM)Spenza Wrote: Show More
I hate PayPal because they banned me 4+ times...

How much did you lost in Total?
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Paypal are retarded and only good for refunds to be honest lmao.
Theres nothing else good about using paypal. 
Infact I could probably list 100 + problems with paypal but I haven't got the energy.

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