Currencynewsbreaks Paypal Holdings Inc. (NASDAQ: PYPL) Enhances Cross-Border Payment Capabilities


(MENAFN- Investor Brand Network) PayPal (NASDAQ: PYPL)
is a global leader in digital payments, offering a wide range of services that facilitate online money transfers. The company is enhancing its cross-border payment capabilities by allowing disbursement partners to use PayPal USD for international money transfers. This initiative is facilitated through PayPal's Xoom cross-border payments business, marking a significant step in leveraging stablecoin technology for global transactions.

Cebuana Lhuillier and Yellow Card are the first adopters of this service. Cebuana Lhuillier, a leading micro-financial services provider in the Philippines, has collaborated with PayPal for 18 years to support money disbursements. Yellow Card, a prominent FinTech company in Africa, integrated with PayPal last year and became the first FinTech in Africa to list PYUSD, PayPal's stablecoin introduced in 2023. This partnership aims to support money transfers across Africa and beyond.

Despite a
price-to-earnings (“P/E”)
ratio of 19.34 , PayPal's market valuation reflects its earnings potential. The
price-to-sales ratio of 2.69
indicates the company's market value relative to its revenue. The
enterprise value to sales ratio of 2.78
provides insight into the company's valuation, including debt and excluding cash. These metrics suggest that PayPal is valued reasonably in the market.

PayPal's
enterprise value to operating cash flow ratio is 11.38 , suggesting how the company's cash flow is valued in relation to its enterprise value. The
earnings yield of 5.17%
offers a perspective on the return on investment. With a
debt-to-equity ratio of 0.49 , PayPal maintains a moderate level of debt relative to equity, indicating a balanced financial structure.

The
current ratio of 1.25
suggests that PayPal has a reasonable level of liquidity to cover its short-term liabilities. This financial stability supports PayPal's initiatives, such as enhancing cross-border payment capabilities through stablecoin technology, which can drive economic growth in developing countries, as emphasized by Jose Fernandez da Ponte, PayPal's Senior Vice President of Blockchain, Cryptocurrency and Digital Currencies.

To view the company's latest earnings release, visit

About PayPal Holdings Inc.

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling and shopping simple, personalized and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit
.

About CurrencyNewsWire

CurrencyNewsWire
(“CNW”) is a state-of-the-art digital hub that aggregates and disseminates news and information covering the fast-moving financial markets. It is one of 70+ brands within the
Dynamic Brand Portfolio
@
IBN
that delivers:
(1) access to a vast network of wire solutions via
InvestorWire
to efficiently and effectively reach a myriad of target markets, demographics and diverse industries;
(2) article and
editorial syndication to 5,000+ outlets ;
(3) enhanced
press release enhancement
to ensure maximum impact;
(4)
social media distribution
via IBN to millions of social media followers;
and (5) a full array of tailored
corporate communications solutions . CNW covers companies, currencies and events that impact traditional fiat currencies and their market dynamics; cryptocurrencies, blockchain technologies and digital assets; the Federal Reserve's policies and their influence on financial markets; global economic and monetary trends and their far-reaching influence; regulatory changes and their implication; as well as banking, finance, financial innovations, and investment strategies.

CNW is the central platform for understanding the multifaceted world of currencies and finance.

For more information, please visit

Please see full terms of use and disclaimers on the CurrencyNewsWire website applicable to all content provided by CNW, wherever published or re-published:
/Disclaimer

CurrencyNewsWire
Los Angeles, CA

310.299.1717 Office
[email protected]

CurrencyNewsWire
is powered by
IBN

MENAFN20112024000224011066ID1108907692


Investor Brand Network

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.