Visa and PayPal Report Earnings: Divergent Performance in Payments Sector
On July 28, 2026, both Visa (NYSE:V) and PayPal (NASDAQ:PYPL) reported earnings. Visa achieved a significant milestone by crossing $4 trillion in global payments volume for the first time, with revenue rising 14% to $11.63 billion and EPS of $3.32 beating estimates. The company also announced partnerships with OpenAI and Meta to develop agentic commerce solutions and launched its own stablecoin platform. PayPal reported slower growth, with a flat user base at 439 million active accounts despite a 10% increase in payment volume to $486.4 billion. Revenue rose by just 5%, reaching $8.68 billion, while non-GAAP operating margin contracted sharply to 17.4%. New CEO Enrique Lores emphasized stabilization of the branded checkout experience and growth from Venmo and Braintree. Visa is investing heavily in AI-driven engineering teams and new financial infrastructure like stablecoins, whereas PayPal faces challenges with international revenue declines and limited room for error as it navigates a turnaround under pressure.
Tickers: $PYPL
Topics: AI Integration Earnings Report Payments Volume PayPal Visa