How public-private partnerships can enable digital recovery for small businesses
COVID-19 has exposed a digital divide between online and offline businesses. They need public-private sector help to access capital and e-commerce tools.
Jim Magats leads PayPal’s Global Payment Product and Engineering team, which focuses on availability, experience and scalability of how customers pay and receive money from their PayPal wallet. As part of his responsibility, Jim looks after the financial institution and payment network partnerships that enable PayPal’s payment functionality and allow current and potential customers to have greater access to funding options and more places to use PayPal online, in app and in store.
Jim has also worked in various capacities helping PayPal expand globally, including leading our European payments team, based in Luxembourg, from 2010 to 2013. Prior to his 15 years at PayPal, Jim worked for Ernst & Young Consulting and Arthur Andersen Audit helping issuers, retailers, and acquirers adopt to changing payments related technology, customer needs, and regulatory environments.
Outside of work, Jim lives in the SF Bay area, and loves watching all types of sports, especially those involving his two boys.