MAAT INDEX

CLAIM #50858 · PayPal Holdings Inc (PYPL) · 2024Q2 earnings call · Jul 30, 2024 · due Dec 31, 2024

We are working with many of our large enterprises who want access to this before the holidays as well.

Alex Chriss · CEO

PENDING
graded after results covering Dec 31, 2024 are reported

In context

st getting adoption, not around monetizing in this half of the year. Now, to be clear, we are pricing in the contracts that we're signing with customers, and so pricing is built in and as I said before, the TAM is every guest checkout. That's what our focus is. But it's not built into the second half of the year. In terms of key to-dos, we really created and worked hard during this beta period to create a seamless experience so that developers and merchants can get on board as fast as possible. And so, you know, for someone using us now, it is really a four to four week experience to get onto the Fastlane code and enable that to roll out. So we need to get it on as many platforms as we can, so that small businesses in particular can just one click a button and turn it on for the holidays. We are working with many of our large enterprises who want access to this before the holidays as well. But again, look, the reality is we've got a lot of merchants around the world, and it is going to take time for them to be able to put this into their roadmap. So that's why we want to set expectations that this is going to take quarters and years to get everyone on board. But the beauty of Fastlane is it's a network effect. More customers coming through it, we are already seeing best-in-class conversion rates. The more customers that come through it, the more profiles that we start to capture, and the better the conversion rates should become. So we want to get started as fast as possible, get as many merchants through this holiday season as we can, and then build from there. Steve Winoker: Sarah, let's make time for one last question, please. Operator: Thank you. Our last question comes

Verify independently

SEC filings for PYPL · Claim quote is verbatim from the 2024Q2 earnings call.