PayPal is the #NewMoney

1 Revenue is presented on a non-GAAP pro forma basis, and includes the impact of pro forma adjustments directly attributable to the separation of the company from eBay Inc. on July 17, 2015 had they existed historically.

2 Total Payment Volume is the value of payments, net of payment reversals, successfully completed through our Payments Platform, excluding transactions processed through our gateway and Paydiant products.

3 Payment transactions is the total number of payments, net of payment reversals, successfully completed through our Payments Platform, excluding transactions processed through our gateway and Paydiant products.

4 An active customer account is a registered account that successfully sent or received at least one payment or payment reversal through our Payments Platform, excluding transactions processed through our gateway and Paydiant products, in the past 12 months.

5 According to Osservatorio eCommerce B2cNetcomm - School of Management Politecnico di Milano 2015

#NewMoney

Full year results

2015$PYPL

NASDAQ TICKER

179Mactive accounts4

$282Btotal payment volume2

$9.24Btotal revenues1

17Mnew active

accounts in 20154

4.9Bnumber of

transactions3

+27%YoY payment

volume growth2

5Mactive accounts

in Italy4

29%Italian ecommerce

market share5

28%number of mobile

payments3

Over $18M

#NewMoney

Mass Adoption of

Mobile Devices

Digitization

of Cash

Transformation

of Cards

Fragmentation of

Payments Experiences

Rise of Fraud

& Cybercrime

Money is

changing

#NewMoney

KEY MARKET

ADVANTAGES

179M 203MARKETS

#1 Trusted Wallet

Two-sidedNetwork

Security, Fraud Detection, and Risk Management

Global Platform

Technology & Platform Agnostic

Strong ActiveUser Base

Direct Relationship

Closed Party Model Data

Regulatory Approval(in all markets)

Customer Support

ACTIVE ACCOUNTS

Flexible Funding Options

Data & Analytics

#NewMoney

219M cards tokenized

Innovating for the

next generation

credit & debit cards, PayPal, Apple Pay, Android Pay, Bitcoins

#NewMoney

#NewMoneyhttps://www.youtube.com/watch?v=xlowDDEXpWw

Loyalty

Reduction in Cart Abandonment

Cross-Boarder Trade

Online

Average Order Value Lift

Faster Conversion

More than a

button

#NewMoney

In-appMobile

#NewMoney

1. Select PayPal

2. Login & Opt-in

3. Authorize

4. Confirm

One Touch

One Touch

One Touch

first time on merchant A

#NewMoney

1. Select

PayPal

2. Review

3. Confirm

One Touch

next time on ANY merchant

+High Conversion

+Sales Lift

+Loyalty

#NewMoney

One Touch

checkout faster

+Speed

+Convenience

+Seamless Experience

PayPal.com/OneTouch

#NewMoneyhttps://www.youtube.com/watch?v=0dwNyxycNqQ

#NewMoney

Available to 180M active customers around the world.

One Touch

turn 16 digits into One Touch

143markets

18Mconsumers opted-ins

1Mmerchants

no friction no password checkout faster

Powering

international growth

#NewMoney

Passport

A World of Knowledge at Your Fingertips

PayPal.it/Passport

Free Return Shipping

Return shipping's on

us

PayPal.it/Reso

$300B179M

number of PayPal active

accounts across 203 markets

Cross-border trade volume

expected in 2018

22%

PayPal cross-boarder

TPV in 2015

PayPal is

#NewMoney

#NewMoney

179M active accounts, 14M merchants

Key advantages for international growth

Checkout faster with One Touch

Grazie

#NewMoney