If you are interested in buying PayPal stock, check out our detailed guide. PayPal’s stock prices more than doubled in 2020, raising its total market capitalization value to over $274 billion. While 51.2% of online buyers use Visa Checkout as one of their payment options and 45.6% use other options, PayPal remains the most popular payment option in the online shopping game, as evident by this piece of data on PayPal users. It is also the leading mobile app publisher in the US and has been able to reach approximately half of the country’s mobile audience. Pretty much everyone knows someone who uses PayPal, even if they don’t use the company’s services themselves. PayPal accounts for 22% of online transactions in the US.Īccording to research from 2018, PayPal is one of the most popular payment methods in the US. Some of the additional services PayPal has recently incorporated include cryptocurrency integration and PayPal credit, with a zero-interest-rate “buy now pay later” feature. If we take a look at PayPal facts, it’s obvious that the company aims to become a fully-fledged tech-based financial institution rather than a simple online payment processor. PayPal is making advances in digital wallet capabilities. You can see the growing number of active PayPal users in the graph below. This resulted in a total number of 361 million active users registered on the payment platform. PayPal currently has 361 million active users.Īs of the third quarter of 2020, PayPal recorded a 22% or 70 million year-on-year growth. It takes their information and uses it to establish payments to other sites. PayPal’s community of online buyers and sellers relies on the guaranteed safe payment over the internet using the customer’s credit card or bank account. PayPal has almost 300 million customers, over 20 million active merchant accounts, and billions of transactions conducted every year.
… let’s dive into the Deep! Fascinating PayPal Stats and Facts Now that we have seen the tip of the PayPal iceberg…
#Paypal number of users full
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