Analysis
PayPal’s slowdown cements wider reversal
Tom RichardsonJournalist
Clouds are gathering around the interest-free lending sector after US payments giant PayPal flagged a big slowdown in new account additions over its June quarter.
Long regarded as the bellwether business for the growth of online checkout payments among younger generations, the post-lockdown slowdown of the $US354 billion market leader leaves concerns for investors.
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