PayPal (PYPL) expring August 23 weekly calls active

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Go back to PayPal (PYPL) expring August 23 weekly calls active

PayPal stock: What is the company's Apple Pay opportunity

August 27, 2024 8:57 AM EDT

PayPal (NASDAQ: PYPL) could see a new growth avenue with the integration of Apple (NASDAQ: AAPL) Pay's NFC chip technology, according to Morgan Stanley analysts in a note Tuesday.

According to the bank, although the immediate financial impact may be limited, the strategic benefits could be significant, particularly in improving PayPal's mobile checkout experience.

Morgan Stanley notes that while the... More