Section C_Group 1

22P148 Kajal Jaglan

22P162 Sanya Kulshrestha
22P182 Vibhuti Jhawar
22P216 Kunal Singhal
22P218 Mehul Jain
22P265 Haritha Prasad
22P280 Nikita Saraf
22P314 Madhav Chadha
Current Fintech Trends
Digital wallets accounted for
nearly half of online transactions
worldwide in 2022 and could
further increase to 54% by 2026.
Mobile payment technology trends
center on contactless in-person
payments, like tap-to-pay and QR
codes.

Healthcare payment technology

Social Media Payment trend
trends - the global market volume
generated about $728 billion in
for digital treatment and care is
revenue in 2022, expected to rise to
projected to increase to $112.6
$6.2 trillion by 2030
billion by 2028

BNPL market is still strong, with total market value

expected to grow by nearly $450 billion by 2026.7 For

01.
PayPal Pay Later alone, global total purchase value (TPV)
has grown 867% since its launch in November 2020.
 Journey after eBay

2015 2016 2017 2018

Xoom - An application to Braintree - Primarily deals Venmo - Secured iZettle - Entered the in-
transfer money online. in mobile and web payment dominance in the peer-to- store point-of-sale
Boosted PayPal's systems for e-commerce peer payments market, systems market, catering
international reach by companies. Acquisition particularly among to businesses of all sizes
entering the cross-border strengthened PayPal's younger users.
money transfer market position in online payments
for e-commerce businesses

2019
Hyperwallet - Expanded into
mass payouts for
businesses, simplifying and
streamlining their payment
processes.
Instagram - Integrated
PayPal into Instagram
checkout, allowing users to
purchase directly from
posts.
UnionPay - Enabled PayPal
users to make payments
with UnionPay cards,
facilitating broader adoption
in China.
Journey after eBay
2020
GoPay - Gained a foothold in
Indonesia's growing digital
payments market.
Uber - Integrated PayPal as
a payment option in the
Uber app, increasing
convenience for riders.
Honey - Strengthened
presence in online shopping
deals and rewards,
attracting budget-conscious
consumers.
2021
Paidy - Acquired Japan's
leading BNPL platform, further
diversifying its offerings.
Simmple - Acquired India's
leading bill pay platform,
expanding its financial
services offerings in the
country.
2022
Mastercard - Joined forces
to develop new digital
payment solutions and
improve cross-border
transactions.
PayPal After
eBay
After PayPal’s separation from eBay, PayPal saw a
high jump in it’s payments volume as compared to
eBay’s merchandise volume. Due to Covid-19
pandemic e-commerce has seen its golden era and
as a result PayPal’s volume surge in 2020 is
tremendous.
PayPal’s total business from eBay has reduced to
less than 10% by 2021 and this highlights its
potential to grow as an independent business
User Count Drops
But Payment
Volume Grows
In late 2019, PayPal had about 305 million active
users, as shared by Statista. When COVID-19 hit,
PayPal's user base shot up by 40%, reaching 426
million. This positive trend kept going, and by the
end of 2022, the user count reached a record highs
But things changed in 2023, with more and more
people deactivating their PayPal accounts and
PayPal lost 7 million active users.
PayPal's total payment volume jumped by 12%
year-over-year, showing those who kept their
accounts continued using the service more than
before.
 01.
PayPal has faced challenges in
meeting investor expectations for
growth. Despite positive figures in
the second quarter, concerns arise as
gross profit showed minimal growth
Challenges
at 1%, and adjusted operating margin
fell short of Wall Street's estimate at
21.4%.
Ahead for
03.
Incoming PayPal CEO Chriss, with
nearly two decades at Intuit, faces
challenges stepping in as an outsider.
Chriss replaces Schulman, a notable
figure known for his roles at Virgin
Mobile, Priceline, and American
Express, adding to the pressure of
filling significant shoes.
02.
Competition from Apple & Square has
intensified for PayPal, challenging its
long-standing dominance in the
fintech arena. A survey highlights
that while 71% of respondents used
PayPal in the past 12 months, Cash
App and Apple Pay experienced
significant increases in adoption,
reaching 46% and 31%, respectively.
PayPal 04.
Despite PayPal's strategy to boost
ARPU through platforms like Venmo,
facing tough competition is a
concern. Venmo, contends with rivals
like Zelle and Cash App. In 2021,
Zelle witnessed a 59% growth in
transaction volume, reaching $490
billion, outpacing Venmo's 44%
growth at $230 billion.
Thank you