PayPal faces tough times in the digital payments ecosystem

By Alex Rolfe Daily news
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Former PayPal CEO Bill Harris discusses how PayPal fits into mobile payments with

Paypal app logo

PayPal faces tough times in the digital payments ecosystem

Bloomberg’s Emily Chang.

Harris was asked whether the company can compete with other digital payment firms, in particular Apple Pay and Google Wallet.

‘‘I think they are going to struggle, because there is so much more momentum in the mobile and retail space from other players than PayPal, and they are playing catch-up… It’s not really going to see results until the next 6-12 months,’’ commented Harris.

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