PayPal reports Q3 revenue up 2% YoY to $8.58B, below $8.71B est., TPV up 6% to $487.14B, and raises full-year adjusted EPS guidance to ~$5.60, above $5.39 est.
THE SO WHAT
Flat-ish revenue on rising TPV alongside higher EPS guidance is a classic efficiency story — more volume, tighter margins, better cost control. If you’re in payments or fintech, assume AI will be judged on its ability to widen this spread: more processed value with less headcount and fraud loss, not on flashy features.
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