PayPal Shares Slide as Transaction Growth Per Active Account Slows

PayPal’s fourth-quarter earnings results showed slowing growth along several metrics, as well as continued traction in the company’s branded checkout initiatives.Total payment volumes were up 7% year on year to $437.8 billion, which was lower than the 9% annual growth logged in the third quarter, according to a Tuesday (Feb. 4) earnings presentation. In the fourth quarter of last year, the annual pace was 15%. Transaction revenue growth in the most recent quarter was 4%, down from the 11% rate at the start ...