PayPal is in a tough market conditions right now. From one point of view, ApplePay is steadily developing, from the other Facebook with its messenger and so on. But PyaPal is still absolutely brilliant company. Why? Because the management always finds the way to develop the company. First step was acquiring Xoom in order to develop the international transfers. Second one - developing its operations in Latin America.On Sunday at Mobile World Congress, PayPal announced that it had partnered with Vodafone and America Movil subsidiaries Telcel and Claro in Latin America. These partnerships mean that in Europe, Mexico, and Brazil, phones will have a PayPal-powered mobile wallet already installed in them. This recent article shows that PayPal finds absolutely non-obvious ways of expanding the operations. I think that PayPal is simply ahead of its competitors just because of international development.