PayPal announced its third-quarter results, with total payment volume of $387.7 billion, up 15% on a foreign exchange neutral basis. Q3 net income increased 9% year-on-year at a constant exchange rate to $7.4 billion, better than market expectations; adjusted earnings per share were $1.30, better than the market's expectation of $1.23, and total payment volume increased 13% at a constant exchange rate.

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