PayPal (PYPL) set out 2027 targets that implied acceleration on the bottom line from its 2025 outlook, while announcing a new merchant platform that integrates with external partners.

PayPal expects low-teens-plus growth for adjusted earnings per share in 2027. It pegs transaction margin dollar, excluding interest on customer balances, to rise by a high single digit. Transaction margin dollars is total revenue less transaction expense and transaction and credit losses.

PayPal's "long-term ambition" is to top 10% transaction margin dollar growth and 20% non-GAAP EPS growth, it announced Tuesday.

The payments processor reaffirmed its 2025 financial guidance for transaction margin dollars to grow at least 5% and EPS to rise 6% to 10% to between $4.95 and $5.10. Analysts on average are modeling for non-GAAP EPS of $5.04 in the ongoing year.

"In 2024, we returned PayPal to profitable growth. We have increased our innovation velocity and are consolidating to one platform to meet the evolving needs of both consumers and merchants," Chief Executive Alex Chriss said in a statement. "We have a clear strategy designed to accelerate profitable growth for years to come."

The company disclosed a new merchant offering called PayPal Open, a platform that it said will integrate with external commerce partners. The platform will help users discover and integrate commerce enablement tools within the PayPal ecosystem, the company said.

"PayPal Open will soon be available in the US and expand to the UK and Germany in the next year, with additional markets to follow," according to a company statement.

PayPal expanded its partnership with JPMorgan's (JPM) payment solutions wing to offer Fastlane PayPal, the company's e-commerce checkout solution, to merchant clients in the UK and Europe. The companies' growing collaboration will "deliver unmatched speed, security, and efficiency to consumers and businesses from two reputable organizations," said Max Neukirchen, global co-head of J.P. Morgan Payments.

PayPal expanded its partnership with Verifone to enhance omnichannel payment acceptance solutions for enterprise merchants, the companies said. The service will combine PayPal's enterprise payment processing and e-commerce capabilities with Verifone's in-person payment assets.