southeast that paypal general manager and he is joining us. tell us about this and how do you make people trust online purchases? guest: thank you so much for having me on, it is an absolute leisure. what we have seen is double-digit growth and e-commerce and one of the biggest fears we have is what we call buyer phobia. they're concerned about two things that the financial information is not secure and secondly that they may not get the product that they ordered. so if the order of blue shirt and a richard comes in that is a thosencern and 60% of from singapore are afraid of becoming a victim of cyber crime. we have actually taken this feedback and launched a program known as buyer protection. we wille buying online protect you 100%. if your card was stolen or hacked or you ordered a product that was not as described on the website we will fully cover you. first type ofhe programs in the industry where we protect the buyer and the seller. rishaad: said is the cost for all on you if someone were to buy counterfeit goods in that supplier is no

paypal is the world's largest peer-to-peer platform. venmo is growing. it is the way the millenial generation moves and uses money.ur platform allows people to transfer money easily and inexpensively. and we can partner with any of the different platforms to help them to do that. i think in our future, there will definitely be a lot of partnerships with technology companies going forward. if you think about it, we have 17,000 people across the world and all we do is focus on digital payments. they have platform advantages, we have platform advantages. potentially bringing those two platforms together in a partnership can create very powerful value propositions for consumers. emily: what is it like working with carl icahn as a shareholder? and he is not just any shareholder. dan: no, he is not, but we have shareholders across the world right now from our early trading. there is a lot of interest in paypal. what we really want to focus on is creating a great company going forward. focus on customers, what customers need. if we can do that, hopefully it will be a great investment for all shareholders. emily: what abo