PayPal's Q3 Earnings: Strong Total Payment Volume Boost

PayPal's Q3 earnings are expected to benefit from a solid Total Payment Volume (TPV), which is projected to grow by 17% YoY. The company's strong relationship with merchants and consumers, as well as its expanding clientele and strong product portfolio, including Venmo and buy now pay later solutions, are expected to contribute to its growth. Additionally, the introduction of Tap to Pay on Android for Venmo and Zettle users is anticipated to boost top-line growth. PayPal's Q3 performance will be closely watched, and it currently holds a Zacks Rank #3 (Hold).