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PayPal sales up 15% to USD 2.26 bln, adds 4 mln users

2015-10-29 08:58:00| Telecompaper Headlines

(Telecompaper) Digital payment processor PayPal reported third quarter revenues up 15 percent year on year to USD 2.26 billion, or USD 0.31 per share, just below its anticipated earnings target of USD 2.27 billion, or USD 0.29 per share. In what was the company's first earnings report since splitting from eBay in July, PayPal said the strength of the USD dollar hurt its transaction volumes in Europe and China, with revenues rising 19 percent on an FX neutral basis. However, the company's adjusted profits rose 31 percent to USD 377 million and it increased its total payment volume by 27 percent to USD 68.74 billion, including USD 2.1 billion processed through its P2P app Venmo, which grew 200 percent year on year. Transactions from mobile devices were up 38 percent from the previous quarter alone to a total of 345 million. Customer numbers increased from 169 million in Q3 to 173 million on 30 September and the company continued to add new partners, announcing deals with Macy's, Shell in the UK and Latin America's largest mobile provider America Movil.

Tags: sales users usd paypal

CPS smoke shelters protect users from the elements

2015-10-23 21:52:23| Canadian Plastics Headlines

Modular smoke shelters provide basic protection from the elements outside. The structures are easy to install and maintain, and feature many options. The post CPS smoke shelters protect users from the elements appeared first on Canadian Plastics.

Tags: users protect elements smoke

EU broadband users getting 75% of advertised download speed

2015-10-22 14:20:00| Telecompaper Headlines

(Telecompaper) Broadband subscribers in the EU are still only getting 75 percent of the advertised download speed, although broadband prices are continuing to drop across the continent. These are just two of the findings of three studies on broadband speed, price and coverage published by the European Commission. The first report on broadband speed in all EU countries plus Iceland and Norway contains figures updated to October 2014. It shows that, on average, broadband speeds in Europe are not delivering on their promises, with the 75 percent figure the same as that posted in 2013. Despite continuous investment in broadband networks, which raised the average actual download speed significantly from 30 Mbps in 2013 to 38 Mbps in 2014, the difference between advertised and real speed remains constant. The second study, on broadband retail prices up to February 2015, found that broadband prices in the EU28 fell by about 12 percent between 2012 and 2015, with 12-30 Mbps offering the best value for money. The third and final study on broadband coverage found that over 216 million EU households (99.4 percent of the total) had access to at least one fixed or a mobile broadband technology at the end of 2014 (excluding satellite).

Tags: download users speed broadband