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Thats a fantastic analysis

The main risk is buyers going away due to Apple pay or Google pay. Google pay can also be paypal funded.

The super app is their best way out of competitive threats, getting more engagements and service for active users.

Check my articles and video on PayPal

https://www.youtube.com/watch?v=t8zAgglrsT8&t=1s

https://emergingvalue.substack.com/p/paypal-needs-a-market-place-and-to

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