PayPal began offering money in its early years to encourage users to create new PayPal accounts. Paypal used to offer all new accounts a $20 bonus for each person they referred. This is just one more reason PayPal remains at the top in the industry. Shoppers and vendors who use PayPal are more likely to recommend it to their friends and family because most of them have had positive experiences with this online payment platform. 86% of PayPal users recommend the service to their family and friends. The company is paying $47 per share and significantly increasing the company valuation. PayPal has invested $500 million in Uber.Īccording to recent information, PayPal invested $500 million in Uber's shares. PayPal remains the well-known and helpful payment option in the online shopping game, as evident by this information on PayPal users. 87.5% of online purchasers use PayPal.Įven though 51.2% of online purchasers use Visa Checkout as one of their online payment methods, 45.6% utilize other methods. PayPal has recently added a few additional services, including PayPal credit and Cryptocurrency integration, with a zero-interest "buy now, pay later" feature. When we look at PayPal's facts, it's clear that the firm wants to grow into a full-fledged technology-based financial institution rather than just an online payment processor. PayPal is making improvements in digital wallet capabilities. PayPal processed over 3.74 billion payments in the first quarter of 2021. The percentage of online transactions processed by PayPal demonstrates how popular the digital payment system has become. PayPal handles around 22% of all online transactions in the United States. When an online store accepts PayPal, customers are 54% more likely to buy.Īccording to a recent study, consumers across the globe are more willing to pay via PayPal for online purchases when the merchant accepts this payment method.ĥ9% of PayPal users have abandoned a transaction because the platform did not offer a checkout option. The United Kingdom (109,291) and Germany (81,910) are the leading countries, followed by Italy (58.174) and France (55,238). There are over 1.6 million websites globally that use PayPal.Īccording to recent PayPal statistics, around 30% of those websites are from the United States, while the rest of the websites come from all over the globe. If you break down the number of PayPal users by country: Germany and the UK are the leading countries, with over 300,000 daily active users per country. Over 300,000 British people use PayPal every day. That’s 15 million more than the previous quarter.Īt the beginning of 2010, the company had only 84 million active users. It reached 392 million active users during the first quarter of 2021. The online payment giant PayPal added 67 million people to its user base within one year. PayPal has 392 million active users in 2021. PayPal Users Statistics: Widespread Success #1. PayPal processes approximately $2.5 billion worth of payments every day.Each day, an average of 41 million transactions are made via PayPal.About 80 million people used PayPal’s One Touch feature.PayPal now serves more 392 million users.In 2020, PayPal processed 15.4 billion transactions.More than 1.6 million websites use PayPal.So, let us get started! PayPal Statistics to Keep In Mind for 2022 (Editor’s Pick) In a nutshell, you will learn about PayPal’s income, users, employees, subsidiaries, and other interesting facts that demonstrate how incredible the online payment company is. By reading this article, you will learn about the most recent Paypal statistics, which are eye-opening and quite informative. You might be thinking about opening a PayPal account or already have one. This electronic payment system is an alternative to traditional paper methods like money orders and checks. PayPal uses as a payment processor for several auction sites, online vendors, and other commercial users, for which it charges a fee. is an American multinational financial tech firm that operates an online payments system in almost all countries that helps online money transfers.
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