Will Solid Total Payment Volume Aid PayPal's Q3 Earnings?

PayPal’s (PYPL) third-quarter 2024 earnings, set to be released on Oct. 29, are expected to have benefited from an improving Total Payment Volume (TPV). The metric is expected to have gained from a strong relationship between the company and its merchants and consumers.PayPal’s two-sided platform helps develop direct financial relationships with customers and merchants. In second-quarter 2024, TPV improved 11% year over year on a spot rate, as well as on a currency-neutral basis, to $416.81 billion.The Zack ...