PayPal M&A Seen Helping Vs. Visa In Mobile Wallets

By | July 13, 2015

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PayPal faces challenges in mobile payments amid competition with credit card networks Visa (V) and MasterCard (MA), but its acquisitions of Braintree, Paydiant and most recently Xoom could help vs. bigger rivals, says Deutsche Bank, which initiated coverage with a buy rating. PayPal last week began trading on a “when issued” basis in advance of its spinoff from online auctions and payments leader eBay (EBAY). Bryan Keane, a Deutsche Bank analyst, Scalper1 News

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