Paypal have for the first time released figures relating specifically to their European users. 35 million Europeans now have Paypal accounts, making up nearly a quarter of Paypal’s global customer base: this compares with 86 million US members. Research by Forrester suggests that 23% of Europeans prefer to pay by Paypal than by card or any other payment method. The company processed US$8.4billion worth of European payments last year, making up 22% of its worldwide total. Blogging Stocks have some other figures that make Paypal look like the healthiest part of eBay’s business: their revenue from online payments grew 40% last year (auction revenue was up 24%), and the total number of payments made through Paypal grew 27%.
Commerce Delivers BigCommerce Payments by PayPal goes live in US
- 7 May
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