Strong Q2 Performance: PayPal delivered its sixth consecutive quarter of profitable growth with transaction margin dollars rising 8% year-over-year (YOY), excluding interest on customer balances. Non-GAAP earnings per share (EPS) increased by 18%, indicating healthy financial performance amid macroeconomic uncertainties.

Strategic Initiatives Driving Growth: Management emphasized success in four strategic growth drivers: improving branded checkout, expanding buy now pay later (BNPL) services, scaling PayPal ¡°Super App¡± capabilities, and focusing on profitability in payment services. Branded experiences¡¯ total payment volume (TPV) grew 8% on a currency-neutral basis. Notably, BNPL volume also saw over 20% growth, driven by broader acceptance and higher average transaction values.

Venmo Growth Momentum: Venmo exhibited its highest revenue growth rate since 2023, with revenue growth exceeding 20% and TPV rising by 12%. The expansion into schools and partnerships with well-known brands are expected to further drive user engagement and revenue opportunities.