Updated PayPal Statistics
- 153 million PayPal accounts (35% increase from 2006)
- Almost $1 billion turned per week.
- 1.2+ million transactions daily
- $11.69 billion in payment volume Q2 2007
- 20 million new accounts in Q1 & Q2 2007
- The majority of active PayPal buyers use it for more than half of their online spending
- PayPal only has a 0.33 % fraud rate
- Businesses get an average sales lift of 14% by accepting PayPal
- PayPal processes about 10% of eCommerce transactions
- Rolling out new Pay Later program which allows online merchants to easily offer financing options, such as no payments for 90 days
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