(NASDAQ: PYPL) is a leader in digital payments, which has proved to be a powerful growth trend over the past couple of decades. But its share price hasn't reflected this positive backdrop; it is currently 81% below its all-time high and down 18% in 2023 (as of Sept. 28). That's a far cry from the double-digit gain for the Nasdaq Composite Index this year.

Investors who are looking at adding PayPal to their portfolios might want to understand three important things about this fintech first. 

The company's branded checkout button is what most investors are probably familiar with. This service, which competes with well-known rivals like Apple Pay and Alphabet's Google Pay, accounted for 30% of PayPal's total payment volume (TPV) in 2022. 

Continue reading

Source Fool.com