PayPal has been one of the few benefactors of the COVID-19 landscape, as consumers were forced to pivot from in-person contact and conduct most transactions virtually. But the company isn’t lowering its expectations as the end of the pandemic grows near; rather, it forges ahead on ambitious, long-term goals.
For a company with confidence in its consumer base, setting the bar high is the logical next step, PayPal CFO John Rainey told Barron’s this week.