The CEO of PayPal: Managing and moving money shouldn’t be a privilege of the affluent
“To understand more about the way our country’s financial services operate, the CEO of PayPal went undercover to cash-checking places and money order centers. Why? Dan Schulman, the head of that $100 billion online payments company, wants to help make a difference for underserved segments of our population and improve their ‘financial health.’ At this year’s Aspen Ideas Festival, Schulman talked to Marketplace’s David Brancaccio about how we might eventually be able to a revolution in the way we think about financial services, whether we’ll eventually move away from credit cards, and how millennials think about money issues. Below is an edited transcript of their conversation. We first asked him about some of the locations he went undercover.”