In my view PayPal will continue to gain market share on the fast growing online payments in line with the growth of the market of the digital wallets. The Company holds less than 20% of global online sales and I see great opportunities for further development and gaining market share through expanding partnerships with such giants as Apple, Facebook, etc. Also partnerships with card networks and issuing banks will open the door for in-store sales. So my view on PayPal's stocks is bullish.
Some says that recent EBAY contract loss (unbranded volume processing) will lead to significant negative impact on PayPal. However, one should note that PayPal strategy is realization of mobile-first approach with focus on solving for unique digital experiences for merchants. It has led to winning strong brands and the majority of the volume at Uber, AirBnB, and Snapchat, etc. As a result, I believe that PayPal has a strong perspectives for long-term growth.
I am bullish on PayPal. PayPal has a strong positions in e-commerce, the fastest area in digital payments, that will support 10-15% organic revenue growth. Additional driver is expected alliances with global banks who wants to catch the wave of PayPal's digital commerce (Chase and BofA announced a new debit and credit cards on PayPal).