How did PayPal plan to roll out substantial changes to its mobile apps?

PayPal planned to roll out substantial changes to its mobile apps in 2021 by integrating new features. These features included all of PayPal's Honey shopping tools and crypto support. The company also planned to launch a new Digital Wallet that would initially support Bitcoin, Ethereum, Bitcoin Cash, and Litecoin in the U.S., with plans to expand globally later.

Asked on the following presentation:

resource preview

Digital Product Release (Part 2)

Our Digital Product Release Part I presentation gave you everything you needed to present your new digital product. Now, Part II gives you all the cha...

download
Download this presentation

Get 7 out of 33 slides

Powerpoint Keynote Copy Google Slides
Not for commercial use

Or, start for free ⬇️

Download and customize this and hundreds of business presentation templates for free

Voila! You can now download this presentation

Download

presentation Preview

resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
resource preview
View all chevron_right

Question was asked on:

In 2020, PayPal was getting ready to launch several new products, including a digital wallet platform. The company shared the vision for their new digital product during quarter three (Q3) earnings call, TechCrunch reported. During the call, PayPal leaders said that the company plans to roll out substantial changes to its mobile apps in 2021 to integrate new features, such as all of PayPal's Honey shopping tools and crypto support. With its new Digital Wallet, PayPal shared, it plans to support Bitcoin, Ethereum, Bitcoin Cash and Litecoin, initially, in the U.S. and later, globally.

Questions and answers

info icon

The key topics covered in PayPal's Q3 earnings call significantly enhance their business strategy. They announced the launch of several new products, including a digital wallet platform. This platform is set to integrate new features such as PayPal's Honey shopping tools and crypto support, indicating a strategic move towards expanding their services and catering to the growing market of digital currency. They also revealed plans to support Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, initially in the U.S. and later globally. This global expansion strategy could potentially attract a wider customer base and open up new revenue streams.

The main components of PayPal's digital wallet platform include integration of new features such as all of PayPal's Honey shopping tools and crypto support. It plans to support Bitcoin, Ethereum, Bitcoin Cash, and Litecoin, initially in the U.S. and later, globally.

View all questions
stars icon Ask another question