PayPal Stock Rises. It’s on ‘Fast Track’ to Better Margins With New Guest Checkout System.
PayPal Holdings shares were trading higher after the fintech announced its one-click guest checkout system, Fastlane, is now available for U.S. businesses of all sizes. PayPal stock was up 4.2% to $62.98 on Tuesday, while the gained 1.8%. Fastlane was one of several initiatives announced earlier this year to redefine the company’s place in the payments business.