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PayPal is building a ‘super app.’ Should banks be worried?

Apr 15, 2021 / BAI In the News
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The tremendous growth in e-commerce last year appears to have boosted the value of PayPal’s consumer brand. In 2019, a survey of U.S. consumers found that only 5% of respondents would trust PayPal most to handle their finances. Just one year later, 19% of respondents said the same, according to the survey, which was conducted by the nonprofit research firm BAI.
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