Advancing Financial Health & Consumer Convenience Democratizing financial services means creating an Helping Consumers Save Offering Responsible Global Pay inclusive digital economy where everyone can thrive, Later Solutions especially those traditionally underserved by the Consumers faced a challenging economic financial system. We’re using our platform and products environment in 2022. At PayPal, we’re working to help To help consumers more easily purchase the larger to support financial flexibility so that consumers around them save on everyday purchases and advance long- items they need and want, PayPal offers a suite of the world can easily and efficiently save money and term financial goals through: Pay Later products that allow customers to extend manage their finances.31 payments over weeks or months with no late fees. • PayPal Rewards and PayPal Honey mobile Safari 33 Through Paidy, our In 2022, we enhanced our platform with new and extension, which enable Nearly 90% of PayPal updated services that support individuals’ ability to consumers to earn points that Honey users Enabling Easier Checkout Buy Now, Pay Later Pay Later users they can apply at checkout, saved over $200 offering in Japan, we’ve selected ready funds37 save, make flexible payments and more conveniently million in 202234 make purchases. convert to cash, donate or Consumers value secure options at checkout expanded flexible for repayment. transfer to their bank. and we continue to build partnerships with spending options • Building on the success of the cash back features some of the largest digital payments and for consumers, including: of the Venmo Credit Card, we launched the PayPal ecommerce platforms to expand our network • Partnering with Amazon to launch 6-Pay, allowing PayPal digital wallet is Cashback Mastercard® of in-person and online payment options. to provide more flexibility consumers to split the cost of purchases into six accepted by 79% of largest for consumers to make smarter purchases and • We provided Amazon U.S. customers the interest-free monthly installments, and introducing 79% retailers in North America maximize rewards when shopping on PayPal. ability to pay with Venmo, offering another Paidy as a payment method when checking out and Europe.32 • PayPal Savings Account allows U.S. customers to checkout option and delivering the added with Amazon Pay. earn significantly higher interest on savings than benefit of the Venmo Purchase Protection • Introduced the Paidy 35 Program. a traditional savings account, helping customers Real Card, which 4.4M reach their financial goals faster. • We extended our partnership with Live allows shoppers to pay “PayPal is really about giving people the • We expanded Xoom’s Debit Card Deposit feature, Nation so customers can continue to in-store with Paidy, Paidy users in 2022 power to manage their money, stretch now available in 27 markets across Europe, Latin check out with PayPal or Venmo when choosing the number (+25% from 2021) their dollar further and make life simple America, the Middle East and Asia, enabling more purchasing tickets for sporting events, of payments and by giving them a single destination to customers to make low-cost music festivals and more. settlement terms best for their financial needs. access their finances.” international money transfers to 2.9% average • Launched a new feature, Pay Now, where Derek Francom friends and family to use however international customers can pay their next installment at a Senior Director, PayPal Debit Cards remittance Scottsdale, AZ, U.S. they need, including paying bills cost in 202236 convenience store at any time. or buying groceries. 31 35 We rely on third parties in many aspects of our business, including networks, banks, payment processors, As of April 12, 2023, the annual percentage yield (APY) for PayPal Savings is 4.15%. This is a variable rate and can change at any and payment gateways that link us to the payment card and bank clearing networks to process transactions; time, including after the account is opened. National average source: FDIC National Rates and Rate Caps as of April 17, 2023. unaffiliated third-party lenders to originate our U.S. credit products to consumers, U.S. merchant financing, PayPal is a financial technology company, not a bank. Banking services provided by Synchrony Bank, Member FDIC. and branded credit card products; branded debit card and savings products issued by unaffiliated banks. 36 Continued to remain below the 2030 target of 3% set in the U.N. Sustainable Development Goals. 32 37 Digital Commerce 360 – 2022 North America Top 1000 and Europe Top 500 databases. Ready funds are considered those connected to a bank withdrawal or debit card and help customers maintain healthy spending 33 Available on Safari iOS 15+. habits without depending on credit to repay their installment loans. 34 Analysis of internal PayPal data, January through September 2022.