PayPal Holdings, Inc. (NASDAQ:PYPL) Bernstein forty first Annual Strategic Choices Convention Might 28, 2025 9:00 AM ET
Firm Individuals
Alex Chriss – President and CEO
Convention Name Individuals
Harshita Rawat – Bernstein
Harshita Rawat
I’m Harshita Rawat, Bernstein’s senior analyst protecting funds, processors, and IT companies. And I am delighted to be joined right this moment by Alex Chriss, PayPal’s, President and CEO at Bernstein’s forty first Annual Strategic Choices Convention. Alex, thanks for becoming a member of us right this moment.
Alex Chriss
Oh, that is nice to be right here. Thanks.
Harshita Rawat
So, Alex, PayPal processed $1.7 trillion in volumes final yr, and at this scale PayPal has very distinctive insights into how e-commerce is doing. So to kick off our dialog, are you able to discuss in regards to the present spending developments you are seeing throughout PayPal?
Alex Chriss
Yeah. Nicely, once more, thanks for having me right here. Clearly it is a very dynamic time available in the market. Looks like on daily basis, each week we’re monitoring new selections and new shifts which can be occurring. However what I would say is broadly, we’re seeing very constant developments from what we have reported on during the last couple of quarters.
On a macro scale, you realize, there have been, you realize, clearly based mostly on totally different tariffs or totally different changes, some motion throughout totally different borders. So, you realize, what we have truly seen is, you realize, you could possibly think about retailers from China truly transferring their promoting spend from the US to Europe as a result of PayPal is so broad and since we’ve got such service provider protection on a world scale, we have simply seen issues transfer up, transfer down and decide up on form of per week to week foundation.
However total, very secure developments. And that features form of what we anticipated from our outlook from Q1 after which what we noticed into Q2. So mid-single digit branded checkout. What we’re
