You've likely used PayPal Holdings' (NASDAQ:PYPL) platform to make or receive a digital payment, but do you know what makes the company really tick? As one of the leaders in the digital wallet space, PayPal continues to grow active customer accounts, transactions per account, and total payment volume -- but competition is growing. 

Apple, Alphabet's Google, Samsung, and others are creeping into PayPal's territory, and the company will need to expand its services and products to stay ahead. Click on the slideshow below to find out how fast PayPal grew in the most recent quarter, what metrics it needs to improve, speed bumps the company faces, and just how it can keep the competition at bay. 

Chris Neiger has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), Apple, eBay, and PayPal Holdings. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.