PayPal processed roughly 25 percent more payments year-on-year in 2020, closing off a year where digital payments grew in importance. According to the company itself, the year where the coronavirus pandemic dominated the world marked "the strongest year in the company's histroy". In 2020, the payment provider's annual payment volume nearly reached one trillion U.S. dollars.
PayPal's number of payment transactions from 2012 to 2020
(in billions)
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PayPal. (February 5, 2021). PayPal's number of payment transactions from 2012 to 2020 (in billions) [Graph]. In Statista. Retrieved May 16, 2022, from https://www.statista.com/statistics/419778/paypal-annual-payments/
PayPal. "PayPal's number of payment transactions from 2012 to 2020 (in billions)." Chart. February 5, 2021. Statista. Accessed May 16, 2022. https://www.statista.com/statistics/419778/paypal-annual-payments/
PayPal. (2021). PayPal's number of payment transactions from 2012 to 2020 (in billions). Statista. Statista Inc.. Accessed: May 16, 2022. https://www.statista.com/statistics/419778/paypal-annual-payments/
PayPal. "Paypal's Number of Payment Transactions from 2012 to 2020 (in Billions)." Statista, Statista Inc., 5 Feb 2021, https://www.statista.com/statistics/419778/paypal-annual-payments/
PayPal, PayPal's number of payment transactions from 2012 to 2020 (in billions) Statista, https://www.statista.com/statistics/419778/paypal-annual-payments/ (last visited May 16, 2022)