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US Business · reuters.com · Sunday, 5 July 2026

PayPal posts 7% Q1 revenue rise, adds WeChat Pay access in China

PayPal reported Q1 2026 revenue of $8.35 billion, up 7% YoY, while non‑GAAP EPS beat at $1.34. The company also announced that U.S. users can now pay at Chinese merchants via WeChat Pay’s QR‑code network, expanding its cross‑border reach. The moves aim to boost transaction volume and revive growth.

Read the source: reuters.com ↗In the 5 July issue →