3 Shares That Are Rising Again With The Nasdaq’s Return – PayPal
3 Shares That Are Rising Again With The Nasdaq’s Return – PayPal
3- PayPal
PayPal is an online payment system provider that works on the Internet. It is an American company that enables secure online shopping with or without credit cards, or sending money to the desired person via an e-mail address.
Lately, PayPal shares gained nearly 5 percent.
Despite taking a 25 percent hit, the payment network specialist continues to make a series of strategic moves.
First, PayPal recently completed the deal to purchase cryptocurrency security firm Curv. Crypto has been a big deal for PayPal since late last year when it started offering certain tokens through its crypto app.
With crypto prices approaching record highs, investors are very excited about PayPal's potential to be effective in this area.
Meanwhile, PayPal has incorporated a system that allows consumers to split their purchase price into four payments. PayPal's Pay in 4 service is not a leading service in this industry, but it represents the company's competitive entry into the field.
All these factors can make traders feel good about PayPal.
Source:
https://www.fool.com/
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