Over at FinanSer/SWIFT Community, Chris Skinner observes PayPal's 10th birthday with a round up of stats demonstrating the remarkable growth of PayPal and shift toward metrics like active users rather than registered users as their business matures.
In their latest company presentation, published June 16th, they have these figures:
- PayPal operates in 190 markets using 17 currencies
- A third of people in the UK have a PayPal account
- Over 100,000 websites accept PayPal in Europe
PayPal has more users than most payment services:
- PayPal 141 million
- Chase 115 million
- Citi 114 million
- AMEX 78 million
- CapitalOne 59 million
- Discover Card 50 million
Total Payment Volume (TPV) grew by a third in 2007 to $47 billion.
Read more here.