PayPal CEO on China and Why the U.S. is Behind in the Digital Payments Space
At TheStreet's Investor Boot Camp, Jim Cramer spent almost an hour with PayPal CEO Dan Schulman and they talked about everything from the future of Venmo to whether Amazon's (AMZN) - Get Amazon.com, Inc. Report Alexa is a threat.
In the clip above, they talk about China, how PayPal (PYPL) - Get PayPal Holdings, Inc. Report is one of the top three fin-tech companies in the world and why the United States is still a developing country in the digital payments world.
"You go around different parts of the world it's far more advanced than we are on a digital payments from a consumer.....We do a lot of credit card, we do a lot of that, but mobile payments in other parts of the world are far more advanced than we are," said Schulman at the #CramerTeachIn.
So listen in for more great insight from Schulman.
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Excerpts from Jim Cramer's event here:
- Cramer: 2018 Nightmarishly Opposite from 2017
- Jim Cramer's Investing Rules Still Hold True
- PayPal CEO: You Have to Give People Choice to Succeed
- PayPal CEO: We Want to Democratize Money For All Consumers
- Tesla: Why Top Experts at Jim Cramer's Investor Boot Camp Aren't Tesla Fans
Watch the full interview here:
Learn More about TheStreet's Investor Boot Camp HERE
