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How PayPal views cards
$PYPL debuted a Venmo card merely to "bridge the gap between now and when all transactions are done digitally."
It sees that its PayPal branded credit card offered through Synchrony is viewed in the same light by management.
How do innovative card issuers like $MQ exist within that long term vision if it comes to fruition? Not saying it's set in stone, but it does seem likely that cards become less and less common in the years to come.
I've done next to 0 work on the company. Open to any opinions.
Does it have a deep presence in digital wallets? Is it helping Apple Pay or Google Pay facilitate transactions? Is card issuing simply a stepping stone to another endeavor with a longer runway? Is this company's future in the physical issuance of cards?
I want to love it just based on the financial statements. Help me love it. 🙂

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