top of page

PayPal

Letter of the Day!: #P


It seems like #Paypal has been around forever which makes it easy to take it for granted but let's look at how it has fared since its inception.


#Paypal has 305 million active users with 25 million active #Paypal merchants accounts. It is available in 100 currencies and over 200 markets.


Its #revenue has grossed $17.77 Billion and 12.4 Billion in payment transactions in 2019 alone. Mobile #payments volume transacted accounted for $227 Billion in 2018.


On average 40 transactions are carried out by individual accounts on a yearly basis. It has also invested $750 Million in MercadoLibre and $500 Million in #Uber.


71% of the US #ecommerce businesses have the #Paypal button on their website with the #brand recognition of 99% and accounts for 14% of all payment modes.


Average #PayPal small business loans have an amount of $50k and have issued these to 225k unique sellers.


With $712 Billion of payments transacted through #Paypal, what do you think it needs to do to become the number 1 #paymentgateway and wallet globally?

1 view0 comments

Recent Posts

See All

Cisco

Comments


bottom of page