Dan Schulman

“If we can provide a benefit and make money, it's a chance for us to expand the population of customers we serve, expand the products we put in the marketplace, and reinvent ourselves going forward.”

“There's always some potential vulnerabilities in any system.”

“We cannot just rely on the public sector or the private sector. We all need to work together.”

“Everyone has all the power of a bank branch in the palm of their hand. And so in that world of software at scale, theoretically the incremental unit cost of something at scale approaches zero.”

“Most devices have been hacked in some way and are part of - part of a botnet network that can come after you in DDoS attacks.”

“When you focus solely on valuation and market share, you win some and you lose some. When you focus on the needs of your customers and help them achieve their dreams, you win every time.”

“As we think about the future, one of the things we will do is to make sure PayPal becomes the central part of consumers' lives, how we enable consumers to manage and move their money more efficiently, easily, and less expensively than some traditional ways.”

“The cost of money rises dramatically if you can't afford to keep it in a bank.”

“I think what we really need to think about is how do we reimagine the management and movement of money in an era where everyone will have a smartphone.”

“On average, an underserved consumer spends 10% of their disposable income on unnecessary fees and interest rates.”

“India is among the leaders in thinking about how technology can solve some of the problems about financial inclusion. But if you think that financial inclusion as a problem has a solution rooted in technology, it's obviously not the only thing.”

“There is absolutely no room for discrimination against anyone in our country or anywhere in world.”

“Software is eating the financial services industry. We have a large addressable market for PayPal to play in.”

“Monetizing by creating more value for a Venmo user makes a ton of sense to me. But other forms of monetization that are more intrusive, like in advertising or something like that, the jury is really still out for me.”

“One way to understand human progress is to look at how technology has made products and services - once reserved for the elite - progressively more accessible and affordable.”

“We have the flexibility to work with any potential merchant partner across the globe.”

“I'm also the chairman of the board of Symantec, which is the world's largest cybersecurity - software cybersecurity company.”

“The digitisation of money, the rapid expansion of internet access and, of course, the adoption of mobile phones have created the perfect conditions to make it easier, secure, and affordable to save, spend, give, and borrow.”

“Many of the things that we take for granted around the table, like cashing a check or just paying a bill or sending money to somebody you love, is very time consuming.”

“PayPal benefited tremendously from having a close partnership with the eBay marketplace. It was a natural fit at the time.”