timstockmarket
Oct 10, 2:56 PM
$PYPL PayPal Streamlines Merchant Onboarding and Expands SMB Funding.
This development supports PayPal's strategy of becoming more than a payment processor.
7 key bullish implications for PayPal
1. Faster merchant onboarding: Simplifying verification and approvals reduces friction when small businesses start accepting payments.
2. More merchants: Easier onboarding could help PayPal attract additional SMB customers and expand its merchant ecosystem.
3. Additional lending revenue: Working-capital financing offers PayPal opportunities to earn revenue beyond transaction fees.
4. Better merchant retention: Businesses using PayPal for payments, financing and cash-flow management may be less likely to switch providers.
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