So you have a PayPal account and you’ve been buying goods and transferring money back and forth with friends and family, all without ever paying a cent. Can this be real? How can PayPal afford to let you do that? Or maybe you’re wondering how PayPal made $ 3.239 billion in revenue in Q3 2017, about 21 percent more than what it made in Q3 2016. PayPal is raking in the cash and continues to grow even to this day. Where is all of that money coming from? In this article, we’ll explore how PayPal and Venmo (a separate payment service owned…
Read the full article: This Is How PayPal and Venmo Make Money
