FinTech Magazine May 2024 | Page 42

PAYPAL DIGITAL WALLET
TOP 10

05

Alex Chriss CEO , PayPal

PAYPAL DIGITAL WALLET

REVENUE : US $ 29.77BN FY2023 EMPLOYEES : 27,200 CEO : ALEX CHRISS FOUNDED : 1998 ( PAYPAL )
Among PayPal ’ s products and services , the PayPal wallet is one of its most popular . The digital wallet is useful when making purchases from foreign online stores , thanks to the fintech ’ s international brand recognition . Storing funds in the wallet also allows consumers to access those funds from anywhere in the world , and bank accounts can be directly linked to PayPal to negate the need for consumers to keep topping up their accounts . With easy registration , PayPal ’ s services have long been favoured among countless consumers . 42 May 2024