![]() ![]() Lifestyle comes in next with 4.15%, followed by Arts & Entertainment with 2.42%, and Games with 2.35%. PayPal is the most popular with the IT industry.įacts about PayPal show this e-wallet is used the most with the computer, technology, and electronic industry, boasting 5.24% popularity. Another potential competitor is Amazon Pay, whose market share stood at 3.88%. The PayPal market share stood at an impressive 54.34%, outperforming the 19.14% of its main rival Stripe. Over the previous month, 3,221 websites dropped the service compared to 8,466 that added it. As of July 2021, a total of 505,198 websites were accepting PayPal payments. Over 500,000 websites have listed PayPal as an available online payment method.ĭatanyze provides several exciting facts about PayPal, starting with the total number of sites offering the service. The company further added 14.5 million net new active accounts, which implies a 21% rise in PayPal users. The number of PayPal transactions rose by 34% in Q1 2021.įacts about PayPal show that the service processed 4.4 billion payments in the first quarter of 2021, noting a 34% improvement. Respective 45%, 43%, and 43% North American retailers worked with such digital payments. Masterpass by Mastercard, Visa Checkout, and Mobile POS payments came in next. This option was accepted by 50% of the retailers. PayPal statistics show that only 30% of the retailers have a ‘wait and see’ approach.Īpple Pay meanwhile held the largest market share in December 2018 among the digital payment methods. Among the remaining 64%, 34% said they planned to add this payment method within two years. The service was integrated by 36% of North American retailers in December 2018. ![]() Over one-third of North American retailers accept PayPal. Namely, in Q1 of 2021, the total PayPal number of users reached 392 million active accounts.Ģ. ![]() This number has been improving steadily since to surpass 300 million by the end of 2019. In the first quarter of 2010, the platform had nearly 85 million users. The total number of PayPal users has been growing ever since 2010. About 72.2% of European online users prefer paying with PayPal.PayPal processed almost 34 million transactions a day in 2019.PayPal’s share price recorded an all-time high of $304.79 in February 2021.As of 2021, PayPal has 26,500 total global employees.In 2020, PayPal processed a total payment volume of $886 billion.PayPal has over 392 million active users.That’s why we’ve prepared the most interesting stats and facts about the world’s most popular e-wallet, so read on to learn more about this game-changing platform. The platform has further paved the way for other e-wallets and online payment methods. ![]() PayPal statistics show that the service has over 300 million active accounts and processes over $700 billion a year. Two years later, Confinity merged with Elon Musk’s X.com, and, as they say, the rest is history. Revenue rose to US$2.98 billion from US$2.56 billion.Īnalysts were expecting 42 cents US per share on revenue of US$2.98 billion.PayPal was established back in 1998 by Max Levchin, Peter Thiel, and Luke Nosek under the name Confinity. On an adjusted basis, the company earned 42 cents US per share. 31, from US$367 million, or 30 cents US per share, a year earlier. Net income rose to US$390 million, or 32 cents US per share, in the fourth quarter ended Dec. Payment volumes at Venmo, whose customers are mainly millennials, surged 126 per cent to US$5.6 billion in the fourth quarter. PayPal has witnessed rapid growth in a number of services such as person-to-person payment app Venmo and Braintree, a payment gateway used by larger merchants, since it was spun off from eBay Inc in 2015. Analysts on an average were expecting US$2.95 billion, according to Thomson Reuters I/B/E/S. The company said it expects first-quarter revenue to be US$2.9 billion-US$2.95 billion. Total payments volume surged 21.9 per cent to US$99.35 billion. The San Jose, California-based company's active customer accounts rose 10 per cent to 197 million, beating research firm FactSet StreetAccount's estimate of 196.5 million. Shares of the payments processor were little changed after the bell on Thursday. PayPal Holdings Inc reported a 16.6 per cent rise in quarterly revenue, in line with analysts' estimates, helped by growth in customer and merchant accounts on its payments platform. ![]()
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