On Friday, PayPal’s split from eBay became official and today the firm started trading on the stock market as PYPL. As of noon, PayPal was valued over $50 billion. A key reason PayPal grew to such as massive size is that consumers trust PayPal to an unmatched level. Trust is essential for conducting financial transactions and PayPal is more trusted than any other member of the “Gang of Five,” which includes Amazon, Apple, Facebook or Google. For the past two years, PayPal has led Javelin’s TIP (trust-innovation-privacy) model, used for predicting success in mobile wallets. Now, with its recent acquisitions of Braintree, Venmo, Paydiant and Zoom, PayPal is building an armory of products and features to appeal to the “mobile first” consumer, which currently consists of 1 in every 4 bank customers. Now that PayPal is no longer handcuffed to eBay, the question becomes: can PayPal attract other platforms to adopt its service. PayPal holds the right cards, but this transition will be key for the company’s continued success.