Powered by Avalanche🔺Watcher.Guru (@WatcherGuru):JUST IN: 🇯🇵 $2 trillion Japanese payments processor TIS to launch blockchain-based platform for stablecoins & tokens. ...

RT Luigi D'Onorio DeMeo🔺 (@luigidemeo)TIS, a Japanese payments company with nearly ~$4B in revenues and which processes:- 85% of all the branded debit cards in Japan- 50% of credit card transactions in Japan- $2 trillion annually through its PAYCIERGE systemis launching an L1 on Avalanche🔺 to support the issuance and settlement of digital assets in accordance with the new Japan Payment Services Act. The chain is designed to support over 50k TPS with instant finality. ...

Core Insights - PayPal has entered into a partnership with OpenAI to integrate its digital wallet into ChatGPT, allowing users to make purchases directly through the platform, which has resulted in a 14% increase in shares during early New York trading [1] - The company has raised its earnings guidance for 2025, reflecting confidence in its growth strategy and the impact of the new partnership [1][4] Group 1: Partnership Details - The integration will feature a "buy with PayPal" button within ChatGPT, enabling users to pay for items found through the app [1] - PayPal will manage payment processing for merchants already using its services, eliminating the need for separate agreements with OpenAI [2] - Shoppers will have the option to pay using linked bank accounts, cards, or PayPal balances, along with receiving purchase protections and dispute resolution [2] Group 2: Business Performance - PayPal has increased its full-year adjusted earnings forecast to a range of $5.35 to $5.39 per share, up from a previous range of $5.15 to $5.30 [4] - The company reported third-quarter revenue of $8.4 billion, a 7% increase year-on-year, with earnings of $1.30 per share and total payment volume reaching $458.1 billion, up 8% year-on-year [4]

Financial Performance - PayPal's total payment volume (TPV) reached $458.09 billion, representing an increase of 8% (7% FXN)[51] - Revenue amounted to $8.42 billion, showing a growth of 7% (6% FXN)[51] - Transaction Margin Dollars (TM$) totaled $3.87 billion, up by 6%[51] - TM$ excluding interest on customer balances was $3.55 billion, reflecting a 7% increase[51] - Non-GAAP EPS stood at $1.34, indicating a 12% growth[51] - Adjusted free cash flow reached $2.28 billion, a substantial increase of 48%[51] Key Growth Drivers - Venmo revenue grew by 20%, with TPV increasing by 14%[16] - Branded experiences TPV increased by 8% FXN, with branded online checkout TPV growing by 5% FXN[16] - PSP TPV grew by 6%, including Enterprise Payments TPV growing by mid-single-digits[16] Future Outlook - The company raised its FY'25 non-GAAP EPS growth guidance to 15%-16%[11]

Core Insights - PayPal Holdings Inc. shares increased by 14.38% in pre-market trading following the announcement of a partnership with OpenAI to integrate its digital wallet into ChatGPT [1][4] Group 1: Partnership Details - The agreement allows PayPal users to purchase items through ChatGPT, with merchants able to list their inventory and sell on the platform starting next year [2] - PayPal will handle merchant routing, payment validation, and processing tasks for sellers on ChatGPT, simplifying the process for individual merchants [3] Group 2: Market Context - This partnership aligns with OpenAI's recent e-commerce initiatives, including deals with Walmart, Shopify, and Etsy, as part of a broader strategy towards agentic commerce [3] - PayPal previously established a strategic partnership with Google to integrate its payment solutions with Google's AI-powered platforms [4] Group 3: Financial Performance - PayPal reported adjusted earnings per share of $1.34 for Q3, exceeding analyst expectations of $1.20, with revenues of $8.4 billion compared to the expected $8.23 billion [5] - The company's performance metrics place it in the 23rd percentile for momentum and the 53rd percentile for growth, indicating strong performance in both areas [5]

Core Insights - Circle is advancing towards the launch of its payments-focused Arc blockchain, with a public testnet now available for over 100 institutional partners [1][5] - The stablecoin market, valued at $300 billion, is increasingly integrated into traditional finance, with projections indicating stablecoins could reach $4 trillion by the end of the decade [3][4] - Arc aims to facilitate various financial services, including tokenized funds and cross-border payments, with features like U.S. dollar-based fees and sub-second settlement [5] Industry Engagement - Major financial institutions such as Visa, HSBC, BlackRock, and Deutsche Bank are participating in the Arc testnet, exploring its potential for enhancing payment infrastructure and capital markets [6][7][8] - The involvement of both traditional finance and digital asset firms highlights a growing interest in blockchain technology for operational efficiencies and transparency in financial transactions [6][8] - Companies like Invesco and Société Générale are specifically testing how Arc can improve the efficiency of tokenized funds and programmable settlement processes [8]

Core Insights - Cobre has formed a strategic alliance with TerraPay to facilitate global transactions, aiming to enhance cross-border payment capabilities for businesses in Latin America [1][2] - The partnership is focused on providing a compliant infrastructure, reducing complexity, and ensuring quicker settlement durations for international payments [1][3] Group 1: Partnership Details - The integration of Cobre's enterprise payment platform with TerraPay's international network will enable real-time fund transfers and access to new markets, addressing traditional challenges in international payments [2][3] - The collaboration aims to streamline financial operations for businesses in Latin America and beyond, emphasizing the importance of local expertise combined with a global payments network [3][4] Group 2: Market Impact - Cobre's CEO highlighted the growing demand for faster, safer, and more efficient international payments, projecting significant transaction volumes by 2025 [4] - The partnership is expected to assist companies in managing various aspects of cross-border payments, including regulatory compliance and technological integration [3][4] Group 3: Recent Developments - TerraPay has also partnered with Wave Mobile Money to enhance cross-border remittance services, indicating a broader trend of improving international payment solutions [5]

Core Insights - PayPal has entered into a partnership with OpenAI, allowing ChatGPT users to purchase products through its platform, resulting in a 10% increase in its shares [1] - The company has raised its profit forecast for the year, anticipating adjusted EPS between $5.35 and $5.39, up from a previous range of $5.15 to $5.30 [5] - PayPal announced its first-ever dividend of 14 cents per share, representing a targeted payout ratio of 10% of adjusted profit [5] Partnership with OpenAI - The collaboration will connect PayPal's global merchant network to ChatGPT, enabling businesses to sell products and services within the app, which has over 800 million weekly active users [2] - AI shopping tools are emerging as a significant trend in online retail, allowing for autonomous product research, comparison, and purchasing [2][3] - Analysts view this "agentic commerce" as a potential catalyst for leveraging PayPal's user base and driving growth in a new commerce platform [3] Business Strategy and Performance - PayPal's CEO emphasized the shift from a defensive to an offensive strategy, focusing on profitability and high-margin businesses [6] - The company has experienced resilient payment volumes despite inflation and economic challenges, indicating the strength of its core business [7] - The integration with OpenAI is expected to enhance product discoverability and purchasing options for consumers [4]

Core Insights - PayPal has entered into a partnership with OpenAI to integrate its digital wallet into ChatGPT, allowing users to make purchases directly through the AI platform starting next year [1][3] - The collaboration aims to enhance e-commerce capabilities within ChatGPT, leveraging PayPal's extensive user base of over 700 million weekly users [3][4] - PayPal is positioning itself as a key player in the emerging landscape of AI-driven shopping, having recently formed partnerships with other tech firms [4] Company Strategy - The integration will enable PayPal users to utilize a 'Buy with PayPal' button on ChatGPT, ensuring a secure checkout experience [2][6] - PayPal will handle merchant routing, payment validation, and other backend processes for sellers on ChatGPT, simplifying the onboarding process for individual merchants [5] - The company emphasizes the verification of both consumers and merchants, which reduces fraud risk and enhances trust in transactions [6][7] Market Positioning - PayPal aims to be a foundational payment solution in the future of agentic AI shopping, indicating a shift in consumer purchasing behavior [4] - The partnership with OpenAI is part of a broader strategy to expand the use of AI technologies within PayPal's operations, improving product development cycles [7]

Core Insights - PayPal is set to release its third-quarter earnings results, with analysts expecting earnings of $1.20 per share and revenue of $8.23 billion, reflecting a year-over-year increase from $7.85 billion [1] - The company has introduced a 5% cash back offer on buy now, pay later (BNPL) purchases to support U.S. shoppers during the holiday season [2] - PayPal's stock closed at $70.25, showing a 0.7% increase [2] Analyst Ratings - Citigroup initiated coverage with a Neutral rating and a price target of $78, with an accuracy rate of 72% [4] - Wolfe Research downgraded the stock from Outperform to Peer Perform, maintaining an accuracy rate of 70% [4] - Canaccord Genuity maintained a Buy rating with a price target of $96, achieving an accuracy rate of 80% [4] - Macquarie kept an Outperform rating with a price target of $95, with an accuracy rate of 81% [4] - JMP Securities maintained a Market Outperform rating but reduced the price target from $110 to $100, with an accuracy rate of 76% [4]