PayPal Continues Growth

PayPal’s platform penetration among online shoppers stands at 87.5 per cent, says an analysis by MoneyTransfers. Innovations such as ‘One Touch Payment,’ that has won them over seven million merchants, and its integration of Venmo continues to attract youthful shoppers globally to its service. The company is also actively pursuing acquisitions, with the recent takeovers of iZettle and Honey for $2.2 billion and $4 billion respectively, representing deals the company is seeking for growth.