2211 North First Street
San Jose, CA 95131
June 3, 2020
Division of Corporate Finance
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington D.C. 20549
Attention: Ms. Katherine Bagley
PayPal Holdings, Inc. (the Company)
Registration Statement on Form S-3, (File No. 333-238615) (the Registration Statement)
Dear Ms. Bagley,
Pursuant to Rule 477 of Regulation C under the Securities Act of 1933, as amended (the Securities Act), the Company hereby respectfully applies to the Securities and Exchange Commission (the Commission) to withdraw the Companys Registration Statement, as originally filed by the Company with the Commission on May 22, 2020, together with all exhibits thereto.
The Registration Statement is being withdrawn because it was miscoded as EDGAR submission type S-3 instead of EDGAR submission type S-3ASR. The Registrant will re-file the Registration Statement under the correct S-3 submission type. No securities have been sold pursuant to the Registration Statement.
If you have any questions or require any additional information with respect to the above, please do not hesitate to contact me at (408) 806-1132 or Michael J. Mies at Skadden, Arps, Slate, Meagher & Flom LLP at (650) 470-3130. Thank you for your attention to this matter.
|PayPal Holdings, Inc.|
Vice President, Corporate Legal and Secretary