By the numbers: PayPal’s total revenues increased 6% YoY in Q3 2024, per its earnings presentation, compared with 8% YoY last year.
- Transaction revenues increased 6% YoY, primarily driven by Braintree, branded checkout, and Venmo.
- Other value-added services revenues increased 2% YoY due to higher interest on customer balances, which was partially offset by lower credit revenues.
Here’s what propelled transaction revenue growth: