![]() 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.
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