PayPal's users - tracked by way of active registered accounts - continued to increase into the fourth quarter of 2021, growing by over 13 percent y-o-y from the fourth quarter of 2020. Daily active users (DAU) can vary per country, however. PayPal use in the UK, for instance, was somewhat higher than in Germany but significantly higher than the DAU found in 19 other European countries.
PayPal in general
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.
Adoption
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.
Number of PayPal's total active user accounts from 1st quarter 2010 to 1st quarter 2022
(in millions)
Characteristic
Active registered accounts in millions
Q1 2022
429
Q4 2021
426
Q3 2021
416
Q2 2021
403
Q1 2021
392
Q4 2020
377
Q3 2020
361
Q2 2020
346
Q1 2020
325
Q4 2019
305
Q3 2019
295
Q2 2019
286
Q1 2019
277
Q4 2018
267
Q3 2018
254
Q2 2018
244
Q1 2018
237
Q4 2017
229
Q3 2017
220
Q2 2017
212
Q1 2017
205
Q4 2016
197
Q3 2016
192
Q2 2016
188
Q1 2016
184
Q4 2015
179
Q3 2015
173
Q2 2015
169
Q1 2015
165.2
Q4 2014
161.5
Q3 2014
156.9
Q2 2014
152.5
Q1 2014
148.4
Q4 2013
142.6
Q3 2013
137.4
Q2 2013
132.4
Q1 2013
127.7
Q4 2012
122.7
Q3 2012
117.4
Q2 2012
113.2
Q1 2012
109.8
Q4 2011
106.3
Q3 2011
103
Q2 2011
100.3
Q1 2011
97.7
Q4 2010
94.4
Q3 2010
90.5
Q2 2010
87.2
Q1 2010
84.3
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PayPal. (April 27, 2022). Number of PayPal's total active user accounts from 1st quarter 2010 to 1st quarter 2022 (in millions) [Graph]. In Statista. Retrieved August 15, 2022, from https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/
PayPal. "Number of PayPal's total active user accounts from 1st quarter 2010 to 1st quarter 2022 (in millions)." Chart. April 27, 2022. Statista. Accessed August 15, 2022. https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/
PayPal. (2022). Number of PayPal's total active user accounts from 1st quarter 2010 to 1st quarter 2022 (in millions). Statista. Statista Inc.. Accessed: August 15, 2022. https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/
PayPal. "Number of Paypal's Total Active User Accounts from 1st Quarter 2010 to 1st Quarter 2022 (in Millions)." Statista, Statista Inc., 27 Apr 2022, https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/
PayPal, Number of PayPal's total active user accounts from 1st quarter 2010 to 1st quarter 2022 (in millions) Statista, https://www.statista.com/statistics/218493/paypals-total-active-registered-accounts-from-2010/ (last visited August 15, 2022)