Over the past year, much of the tech sector has recovered very well whether that be social media, search, retail, or chips, but one sector that has failed to recover is fintech. And one of the biggest laggards within the fintech industry is none other than PayPal. In fact, PayPal has not only not recovered over the past few years, but it has sunk even lower into the abyss. At this point, PayPal stock is not all that far away from its IPO price itself. At first glance, you might feel a bit bad for PayPal, but when you look at consumer sentiment, you’ll see that this downfall was more than well deserved. It seems that no one is really a happy PayPal customer. On consumer affairs, they’ve got a average rating over 4,500 reviews. It’s even worse on TrustPilot where they’ve got a 1.3 star average rating over 28,000 reviews. This video explains why customers hate PayPal so much and why their downfall is more than well deserved.
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Timestamps:
0:00 - The State Of PayPal
1:55 - The PayPal Problem
6:05 - Unexplainable Bans
9:09 - A Fundamental Flaw
Resources:
Disclaimer:
This video is not a solicitation or personal financial advice. All investing involves risk. Please do your own research.
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