Dan Schulman

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

Managing and moving your money should be a right, not a privilege. This isn't about banking the unbanked. It's about re-imagining what consumer retail banking can be. ”

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. ”

Physical money, whether it's checks or cash or credit card, are digitizing in front of us. ”

We're trying to democratise financial services, to ensure that management and movement of money is a right for all citizens, not the privilege of the affluent. ”

I think a lot of people have predicted the demise of cash, and they've frequently been wrong. But there's no question that the smartphone is leading to the digitization of money. You really now have all the power of a bank branch in the palm of your hand. ”

As CEO, I believe my most important job is to both define reality and inspire hope for the PayPal team. Defining reality includes being realistic about all the things that could go wrong so that we are prepared to navigate those challenges. ”

Online commerce is being replaced by mobile. ”

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. ”

We have a very close relationship with Google. We extend our offerings to all the markets that we expand into. ”