“I think we're going to start to see this thing turn as we get through the next few quarters and into '26.”

In context

“'ve talked about, call it, 1 point of uplift. So that is going to continue. We just need to roll this out to more. And so our expectation is if you look at branded checkout overall, it's this new branded experiences, it's the momentum that we've got in buy now, pay later, which we're seeing over 20% year-over-year growth. It's the improvement in Pay with Venmo, which we're seeing 45% year-over-year growth. All of those coming together, we continue to see momentum on. And so as we exit this year, I expect that we're going to start to see real improvement in branded checkout overall and then as we move into '26. So this is a big shift. It takes time to move. I'm excited about the momentum we have across all 3 of those elements, the new experiences, buy now, pay later and Pay with Venmo. And I think we're going to start to see this thing turn as we get through the next few quarters and into '26. Steven Eric Winoker: Alex, any final thoughts before we wrap? Alex Chriss: Again, thank you for the questions today. I'm very proud of the quarter the team delivered. We did not get any questions on Venmo, and I want to highlight that we usually get a lot of questions on Venmo, and the team is just really killing it. And so there's something magical happening with Venmo right now, and I'm excited about where we're heading there as well. So overall, I appreciate the team's urgency and innovation. We're executing well and excited to update you all along the way. So thank you, everyone. Take care. Operator: This concludes today's conference. Thank you for participating. You may now disconnect.”