PayPal's shares slide as EU lawmaker raises prospect of new fees amid trade tensions

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PayPal's shares slide as EU lawmaker raises prospect of new fees amid trade tensions

//business-finance.news-articles.net/content/202 .. es-prospect-of-new-fees-amid-trade-tensions.html

Published in Business and Finance on Saturday, March 29th 2025 at 4:01 GMT by Reuters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

PayPal's shares fell 5% on Friday after comments from a European Union lawmaker raised concerns that payments firms could get swept up in escalating trade tensions and potential tariffs between the U.

PayPal's shares experienced a decline after a European Union lawmaker suggested the introduction of new fees on digital payment services, amidst ongoing trade tensions. This proposal comes as part of broader discussions on how to address the competitive landscape and regulatory environment for digital payment providers in the EU. The potential new fees could impact the cost structure for companies like PayPal, which relies heavily on transaction fees for revenue. This news has raised concerns among investors about the future profitability and operational costs for PayPal in one of its key markets, leading to a negative reaction in the stock market.

Read the Full Reuters Article at:
[ https://www.msn.com/en-ca/money/topstories/paypals-shares-slide-as-eu-lawmaker-raises-prospect-of-new-fees-amid-trade-tensions/ar-AA1BRs1t ]

Publication Contributing Sources

Reuters

N🟁N

PayPal's shares slide as EU lawmaker raises prospect of new fees amid trade tensions