PayPal Expects to Add 70 Million Users Amid the Pandemic

PayPal Expects to Add 70 Million Users Amid the Pandemic

The second quarter of 2020 was PayPal Holdings' (NASDAQ: PYPL) strongest since separating from eBay five years ago. Consumer behavior has shifted to digital payments in recent months amid the coronavirus pandemic, and that trend powered PayPal's stellar results. Revenue growth clocked in at 25% year over year on a currency-neutral basis.