CLAIM #50884 · PayPal Holdings Inc (PYPL) · 2024Q3 earnings call · Oct 29, 2024 · due Dec 31, 2025
“So we’re not standing still. I expect continued momentum on that 5% throughout the next quarter and into 2025.”
Alex Chriss · CEO
In context
“d checkout. So all-in-all, we need to see this play out. In terms of the ramp, I mentioned we're 5% now. Look, the way I think about it is there are some integrations we have with merchants. Think about it as roughly a third or so, of our integrations, we are in -- we have some ability to continue to ramp up. We will do that throughout the holiday season and into early next year. And then some we need, as we've talked about before, many, many -- hundreds of different integration patterns that we need merchants to do the work on. And so the good news is, they now have an incentive to do it. The conversion improvements are significant. And the conversations with merchants now are very healthy, and they’re excited about getting these new experiences ramped up once they get past the holidays. So we’re not standing still. I expect continued momentum on that 5% throughout the next quarter and into 2025. Operator: Your next question comes from the line of Dan Dolev with Mizuho. Your line is open. Dan Dolev: Hey, guys. Amazing results again. I wanted to ask, if it wasn't addressed already. Are you able to give us like a sneak preview of how you see '25 because from our conversations, this remains a big debate? So I appreciate it. Thank you. Jamie Miller: Good morning, Dan. I think some of the comments that we've talked about already really helps shape '25 to a degree. You start with the revenue line. When we looked at some of the very deliberate and intentional conversations we've had with Braintree merchants, I mentioned in my prepared remarks that we're seeing the impact of some of the revenue trades we're making begin to flow through the numbers in the third quarter. And that's also imp”
Verify independently
SEC filings for PYPL ↗ · Claim quote is verbatim from the 2024Q3 earnings call.