FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Alford Peggy
2. Date of Event Requiring Statement (MM/DD/YYYY)
3/2/2020 

3. Issuer Name and Ticker or Trading Symbol

PayPal Holdings, Inc. [PYPL]
(Last)        (First)        (Middle)

C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
EVP, Global Sales /
(Street)

SAN JOSE, CA 95131      

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed(MM/DD/YYYY)
 

6. Individual or Joint/Group Filing(Check Applicable Line)

_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 2478 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units -1  (1) (2)Common Stock 43932  (3)D  
Restricted Stock Units -2  (1) (2)Common Stock 21966  (3)D  
Restricted Stock Units -3  (1) (2)Common Stock 25623  (3)D  

Explanation of Responses:
(1) The reporting person received a restricted stock unit grant subject to a three-year vesting schedule, vesting 33.34% on the one year anniversary date of the restricted stock unit, 33.33% on the second year anniversary, and 33.33% on the third year anniversary. Upon vesting, the reporting person will receive a number of shares of common stock equal to the number of restricted stock units that have vested.
(2) Not applicable.
(3) Each restricted stock unit represents a contingent right to receive one share of PayPal's common stock.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Alford Peggy
C/O PAYPAL HOLDINGS, INC.
2211 NORTH FIRST STREET
SAN JOSE, CA 95131


EVP, Global Sales

Signatures
By: Brian Yamasaki For: Peggy Marie Alford3/3/2020
**Signature of Reporting PersonDate

PayPal (NASDAQ:PYPL)
Historical Stock Chart
From May 2020 to Jun 2020 Click Here for more PayPal Charts.
PayPal (NASDAQ:PYPL)
Historical Stock Chart
From Jun 2019 to Jun 2020 Click Here for more PayPal Charts.