On Thursday, July 23rd, PayPal CEO Dan Schulman hosted a delegation of the European Parliament’s Internal Market and Consumer Protection (IMCO) Committee at PayPal headquarters in San Jose. The IMCO Delegation met with a number of tech companies in Silicon Valley that have a presence in the European Union. The Members discussed their work to reduce barriers to economic trade within the EU and to strengthen Europe’s Internal Market, while ensuring consumer protection is truly aligned with technology innovation.
PayPal had the pleasure to welcome MEPs Vicky Ford (UK, IMCO Chair), Catherine Stihler (UK, IMCO Vice-Chair), Dita Charanzová (Czech Republic), Evelyne Gebhardt (Germany), Andreas Schwab (Germany), Róża Gräfin von Thun und Hohenstein (Poland) and Lambert van Nistelrooij (Netherlands).
The visit to the PayPal Showcase was an important opportunity for Dan Schulman to talk about how these issues affect PayPal and its user community along with Franz Paasche, VP of Corporate Affairs, and Richard Nash, Global Head of Government Relations for PayPal.
Dan stressed that consumer protection is at the heart of how we operate as a business and that trust – for consumers and merchants – has been key to PayPal becoming a leader in the global payments industry. Dan highlighted PayPal’s role in powering entrepreneurship and local and cross border trade. He also discussed our role as a partner to all stakeholders in combatting cybercrime, and as a pioneer in payments innovation. Finally, Dan gave our visitors a sense of PayPal’s amazing first week as an independent company and the excitement surrounding Listing Day in New York.
PayPal’s Government Relations team looks forward to continuing to work with key Members of the European Parliament as they seek to foster policies that enhance opportunities for European consumers and businesses.