In the fourth quarter of 2024, PayPal’s total payment volume had grown by almost seven percent compared to the same quarter one year before - a slight decrease in growth. This payment volume was generated through the over six billion transactions which PayPal processed during that period. Paypal company information Digital payment operator PayPal is one of the leading mobile payment platforms worldwide. The company enables customers to pay for goods and services digitally and has been making large gains in terms of mobile payment volume. In the most recently reported year, PayPal's mobile payment volume reached 227 billion U.S. dollars, up from 155 billion U.S. dollars in the preceding fiscal period. This represents a 46 percent year-on-year growth. When examining the most popular mobile payment methods accepted by online merchants worldwide, PayPal ranks third behind credit and debit cards and ahead of all other payment methods. PayPal in the United States PayPal is also one of the most popular payment methods for online transactions in the United States, accounting for 22 percent of online transactions. The company is also one of the leading mobile app publishers in the United States, reaching approximately half of U.S. mobile audiences.

This statistic presents the mobile share of PayPal's total payment volume from the third quarter 2014 to the fourth quarter 2018. In the last reported period, mobile accounted for 41 percent of TPV. In 2018, PayPal’s second quarter mobile payment volume amounted to 57 billion U.S. dollars, an increase compared to 750 million U.S. dollars in all of 2010. Mobile payments – further information During a U.S. consumer survey in January 2017, it was found that 64 percent of adults in the United States had heard of and performed a mobile payment and 49 percent paid some bills via mobile. The ease of adding debit or credit cards to mobile wallets in order to make on-the-go payments has captured the attention of mobile consumers, although mobile payment usage rates are still low for day to day transactions. Consumer interest in mobile payment usage incentives in the United States also varies by generation – Millennials are especially keen on receiving rewards or discounts for using mobile payment apps. Almost half of the total survey respondents were also interested in using mobile payments in order to avoid paying overdraft or check cashing fees.

Mobile payment usage growth is closely linked to an increasing smartphone penetration – a fifth of respondents during a U.S. mobile payment user survey stated that they had started using mobile payments after acquiring a smartphone. Only 18 percent of smartphone users and 11 percent of tablet users in the United States accessed mobile payment apps on a weekly or even daily basis.

Worldwide mobile payment revenue in 2015 was 450 billion U.S. dollars and is expected to surpass one trillion U.S. dollars in 2019.

This statistic shows the cross-border share of PayPal's total payment volume from 2012 to 2019. In the most recently reported period, 18 percent of the digital payment provider's payment volume was generated through cross-border transactions.

In January 2025, PayPal continued to dominate the market for online payment processing technologies worldwide, holding a market share of 45 percent. Coming in second place was Stripe with a market share of approximately 17 percent. This according to a ranking that measured the use of these payment methods on the web domains of companies worldwide. The source, however, does not define from which countries these companies are. PayPal leads the race PayPal is a leading global digital payment provider that enables users to make online, mobile, and peer-to-peer payments. It is a popular payment method for digital purchases on e-commerce sites such as eBay and Amazon. In 2020 and 2021, PayPal reported its strongest revenue growth, increasing by over 20 percent year-on-year, largely due to the COVID-19 pandemic. According to Statista's Global Consumer Survey figures, PayPal adoption in 2022 was high in countries like Germany, the United Kingdom, Australia, and Austria. Future of digital payments The payments industry is undergoing significant changes due to new regulations and the Fintech revolution. Innovative solutions from Fintech companies are challenging traditional banks and card networks to adapt and remain relevant. To stay significant, they must provide digital payment solutions, personalized customer service, and collaborate with other banks and Fintech companies to create new revenue streams. The focus is on real-time, low-value, high-volume payments for peer-to-peer, e-commerce, and m-commerce (mobile e-commerce).

Although a majority of U.S. adults in early 2021 was not interested in cryptocurrencies as a tool for investments, more people had become aware of them. The percentage of respondents who said in two surveys in 2021 and 2019 that they had not invested in digital currencies like Bitcoin or Ethereum, and were not going to, had remained the same. The respondents who said they had not heard of cryptocurrencies declined in this same period, however. This might have several causes, including the price increases of Bitcoin (BTC) in early 2021 or Tesla's growing involvement in cryptocurrencies. One other reason might be PayPal: the payment provider announced in October 2020 that it would be possible to buy virtual currencies using a PayPal wallet. By the end of 2020, Paypal had recorded its highes-ever total payment volume or TPV.