{"id":47574,"date":"2019-01-04T01:26:01","date_gmt":"2019-01-03T17:26:01","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=231327"},"modified":"2019-01-04T01:26:01","modified_gmt":"2019-01-03T17:26:01","slug":"paypal-chief-hails-progress-expects-stiff-competition","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/01\/04\/paypal-chief-hails-progress-expects-stiff-competition\/","title":{"rendered":"PayPal chief hails progress, expects stiff competition"},"content":{"rendered":"<p>        \tPayPal CEO Dan Schulman praised the progress made by his company to strengthen its position in mobile during 2018, though acknowledged significant challenges lay ahead from existing and new competitors.<\/p>\n<p>&#8220;As we look forward to 2019 and beyond, it is &#8230; clear that great opportunities and challenges lie ahead,&#8221; the executive said in a letter to employees reviewing 2018. &#8220;As the world\u2019s economy continues to digitise, our space has never been more attractive to challengers and incumbents.&#8221;<\/p>\n<p>In the note, Schulman hailed headway made during the previous 12 months, stating it had: \u201cextended our leadership in mobile,&#8221; adding \u201cin a short period of time we have transitioned from being a button on a website to one of the biggest enablers of global commerce.\u201d<\/p>\n<p>During the period the company launched a new mobile app under its core brand and upgraded its Venmo platform, including launching a Venmo debit card [1] to increase acceptance in physical stores.<\/p>\n<p>However, in 2018 Venmo was also in the headlines for hiking instant transfer fees [2] and appointed its third boss in the space of two years [3].<\/p>\n<p>As of the end of the year PayPal had almost 40 strategic partnerships [4] in place with partners, described by Schulman as some of the most influential names in finance, retail and technology. In 2018, it also acquired a number of companies to enhance its offering, including point of sale terminal provider iZettle [5].<\/p>\n[1] https:\/\/www.mobileworldlive.com\/money\/news-money\/venmo-moves-offline-with-debit-card-launch\/<br \/>\n[2] https:\/\/www.mobileworldlive.com\/money\/news-money\/venmo-hikes-fee-for-instant-transfers\/<br \/>\n[3] https:\/\/www.mobileworldlive.com\/money\/news-money\/paypal-appoints-another-new-boss-for-venmo\/<br \/>\n[4] https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/paypal-eyes-africa-mobile-money-tie-ups\/<br \/>\n[5] https:\/\/www.mobileworldlive.com\/money\/news-money\/paypal-wraps-up-2-2b-izettle-deal\/<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PayPal CEO Dan Schulman praised the progress made by his company to strengthen its position &#8230;<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/featured-content\/money-home-banner\/paypal-chief-hails-progress-expects-stiff-competition\/\">PayPal chief hails progress, expects stiff competition<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.mobileworldlive.com\/\">Mobile World Live<\/a>.<\/p>\n<p> <a href=\"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/2019\/01\/04\/paypal-chief-hails-progress-expects-stiff-competition\/\">\u95b1\u8b80\u5168\u6587 <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":53,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"slim_seo":[],"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[2,7],"tags":[398,402,397,414,413,410,499,409,407,408,406,399,400,394,10,401,396,787,786,784,782,783,764,785,966,403,412,411,395,405,404,778,779,780,781],"jetpack_publicize_connections":[],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p7prtj-cnk","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/47574"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/comments?post=47574"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/47574\/revisions"}],"predecessor-version":[{"id":47575,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/posts\/47574\/revisions\/47575"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/media?parent=47574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/categories?post=47574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/test\/wordpress\/wp-json\/wp\/v2\/tags?post=47574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}