PayPal Expands Strategic Partnership with Adyen to offer Fastlane in the U.S.
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Goldman Sachs Reiterates Neutral Rating on PayPal (PYPL)
August 20, 2024 3:20 PM EDTGoldman Sachs analyst Will Nance reiterated a Neutral rating and $69.00 price target on PayPal (NASDAQ: PYPL).
The analyst comments "Paypal announced today an extension of its existing partnership with Adyen, resulting in Adyen offering Fastlane to its enterprise merchant and marketplace customers. Fastlane allows first time users to save their card and shipping information, and then... More
PayPal (PYPL) expands partnership with Adyen
August 20, 2024 12:33 PM EDTOn Tuesday, PayPal (NASDAQ: PYPL) announced an expansion of its global strategic partnership with Adyen, a financial technology platform, to introduce "Fastlane by PayPal" to Adyen's enterprise and marketplace customers in the U.S.
The company said the partnership aims to enhance guest checkout experiences, with plans to expand globally.
"Fastlane by PayPal is a new guest checkout experience that... More
