PayPal: active registered user accounts 2010-2020

In the second quarter of 2020, there were 346 million active PayPal accounts worldwide, representing a 21 percent year-on-year growth.

PayPal
PayPal is a global online payment business allowing users to make payments and money transfers online. In 2002, PayPal was acquired by auction site eBay and has made great gains in visibility and online popularity since then. The service is often considered as the leader of the online and mobile payment market. Many retailers such as BestBuy and Home Depot and digital content sellers like Humble Bundle or Valve use PayPal as an in-store payment or digital wallet top-up method. Online payment providers usually generate revenue through transaction fees.

Recently, brick-and-mortar retailers and shops have also begun to accept PayPal as a mobile payment method. As of December 2018, 36 percent of North American retailers already accepted PayPal as a payment method and 34 percent planned to accept it within the next 24 months. Customers are required to use their NFC-enabled mobile device to make a payment or use a PayPal card, which can also be swiped or touched in at physical point-of-sale locations. In 2018, the service's annual mobile payment volume amounted to 227 billion US dollars, representing a 46 percent growth compared to the previous year.

The market for online payment providers was created through the ubiquity of online shopping and online retail opportunities. The advantages of wide-reaching global payment systems allow for easier online buying, especially when taking the growth of mobile commerce into account. Other digital wallet services include Google Wallet as well as US-based Square, Lemon Wallet and LevelUp. Traditional payment providers MasterCard and Visa also offer digital wallets.

Number of PayPal's total active user accounts from 1st quarter 2010 to 2nd quarter 2020

Zoomable Statistic: Select the range in the chart you want to zoom in on.
Loading statistic...
You need to log in to download this statistic
Register for free
Already a member?
Log in
Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

July 2020

Region

Worldwide

Survey time period

Q1 2010 to Q2 2020

Supplementary notes

Figures from 2010 were taken from eBay's 2010 Q4 2010 release.
* All registered accounts that successfully sent or received at least one payment or payment reversal through the PayPal system or Bill Me Later accounts that are currently able to transact and that received a statement within the last 12 months.

Open this statistic in...
Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "PayPal"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.