PayPal exceeded expectations in Q2, reporting a 5% year-over-year increase in net revenue to $8.3 billion, surpassing the estimated $8.08 billion. Total Payment Volume (TPV) also rose by 6% to $443.5 billion. While active accounts grew by 2% to 438 million, the number of transactions decreased by 5% to 6.2 billion. Due to the strong performance, PayPal has raised its full-year guidance for transaction margin dollars and earnings per share, signaling continued optimism despite the transaction volume dip.