CompetitionShares have been pressured by investor concerns around market share losses, an aggressive pricing environment in unbranded processing, and slowing e-commerce growth.
Growth ConcernsThere is an anticipation of slightly lower branded and Braintree volume growth in the second half of 2024.
Product MarginsEconomics from Amazon would likely be margin dilutive for PayPal, and this is especially challenging given the investor scrutiny on gross margin trajectory.