Gabrielle Rabinovitch | VP, IR |
Daniel Schulman | President, CEO & Director |
John Rainey | CFO & EVP, Global Customer Operations |
Tien-Tsin Huang | JPMorgan Chase & Co. |
Heath Terry | Goldman Sachs Group |
Lisa Ellis | MoffettNathanson |
Darrin Peller | Wolfe Research |
Bob Napoli | William Blair & Company |
David Togut | Evercore ISI |
James Faucette | Morgan Stanley |
Good afternoon. My name is Gabriel, and I will be your conference operator today. At this time, I'd like to welcome everyone to PayPal's Q2 2020 Earnings Call. [Operator Instructions]. Ms.