Online payments company PayPal has posted a net revenue of $6.85bn for the third quarter, beating the market’s expectation of $6.82bn. The strong revenue means that digital payments services are still growing, which could potentially be a bullish sign for crypto.
The revenue by the payments giant was up 11% year-over-year, while earnings per share (EPS) increased by 26% to $1.15, compared to an estimate of $0.96, according to the company’s earnings report.... Read More: PayPal Q3 Revenues Beat Estimates - What It Means for Crypto