Why Investors Should Not Ignore PayPal's Advantages Amid Square's Competitive Moves

Why Investors Should Not Ignore PayPal's Advantages Amid Square's Competitive Moves

PayPal (NASDAQ: PYPL) pioneered the fintech industry in many respects when it facilitated payments via email in the 1990s. Investors tend to assume that Square directly competes with PayPal. Although Square designed a more business-oriented ecosystem than PayPal, that assertion is undoubtedly true when it comes to social-payment platforms.