PayPal may emerge as new super app soon

PayPal, the online payment company worth $300bn, is likely to emerge as a Super App. CEO Dan Schulman said having different apps for different tasks was not viable, instead of having one app for all sorts of payments would be convenient. It is estimated that at least 25% of US adults that struggle to access mainstream financial services would be open to testing the super app. Schulman has been pursuing investors and other companies to continue partnering with PayPal.

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PayPal may emerge as new super app soon

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