PayPal Statistics and User Count for 2024

Last Updated on: January 6th, 2024

Here are a few of the most interesting PayPal statistics and facts I was able to dig up including restaurant count, revenue totals and employee counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.

PayPal Facts

Here is pretty much everything you ever wanted to know about PayPal.

  • Website: Official Website
  • Year Founded: 1998
  • Headquarters: San Jose, CA
  • Founder(s): Elon Musk, Peter Thiel, Yu Pan, Max Levchin, Ken Howery, Luke Nosek
  • Current Chief Executive: Dan Schulman
  • Subsidiaries / Brands: Braintree, Paydiant, Xoom, Venmo, Tradera, iZettle, TIO Networks, Honey, GoPay, Curv
  • App Download (iOS)
  • App Download (Android)

PayPal Statistics user count and Facts 2023

PayPal is an online payment system that allows individuals and businesses to send and receive payments over the internet. It was founded in 1998 and is headquartered in San Jose, California.

PayPal operates in over 200 markets globally and is available in more than 100 currencies. Users can link their PayPal account to their bank account, credit card, or debit card and use it to make purchases, transfer money to other users, or receive payments for goods and services. PayPal also offers various tools and services for businesses, such as payment processing, invoicing, and fraud protection.

One of the main advantages of PayPal is its security and ease of use. Users can make payments and transfer money without revealing their financial information to the recipient, reducing the risk of fraud and identity theft. PayPal also offers buyer and seller protection for eligible transactions, providing an additional layer of security for both parties.

PayPal has become a popular payment option for online purchases, particularly on e-commerce platforms such as eBay, Amazon, and Etsy. It has also been used for peer-to-peer payments, such as splitting a bill with friends or sending money to family members. The platform has evolved over the years, offering additional features such as mobile payments and the ability to pay in-store at select retailers.

PayPal Statistics

PayPal User Count

How many people use PayPal?

426 million active PayPal accounts (2022)

How many merchants does PayPal have?

34 million active PayPal merchant accounts (2022)

PayPal Revenue Totals

PayPal revenue (annual):

Additional Statistics

Total PayPal payment transactions

Number of PayPal employees:

30,900 employees (2022)

Average number of annual transactions per active Paypal account:

40.9 transactions (2021)

Number of currencies PayPal is available in:

100 currencies (2018)

Number of markets that PayPal is available in:

more than 200 markets (2021)

Number of merchants that use PayPal OneTouch:

6 million (2017)

Number of PayPal OneTouch registered users:

70 million (2017)

Number of Braintree cards on file:

269 million (2016)

If Paypal was a bank, it would be the 21st-largest bank in the U.S.

Average balance in a Paypal user account:

$70 per PayPal users (2016)

Amount Paypal reportedly invested in MercadoLibre in 2019:

$750 million

Amount Paypal reportedly invested in Uber in 2019:

$500 million

Number of Paypal users in Canada:

6.4 million (2016)

Number of Canadian retailers and businesses that have used Paypal for payments:

250,000 (2016)

Number of Paypal users in the UK:

26 million (2019)

Number of Paypal users in Germany:

23 million (2019)

Number of Paypal users in France:

9.5 million (2019)

Number of Paypal users in Italy:

6.8 million (2019)

Number of Paypal users in Spain:

5 million (2019)

Number of Paypal users in Australia/New Zealand:

7.3 million< (2016)

Average daily visits to

19 million (2016)

Number of PayPal One Touch merchant partners:

5 million (2017)

Percentage of the top 100 US retailers that offer PayPal One Touch:

75% (2017)

Amount PayPal paid for Swedish fintech company iZettle:

$2.2 billion

Amount PayPal paid for Xoom:

$890 million

Amount PayPal paid for Braintree:

$800 million

Amount PayPal paid for Paydiant:

$280 million

Amount PayPal paid for Tio Networks:

$238 million

Amount PayPal paid for Swift Financial:

$183 million

Amount PayPal reportedly paid for Simility:

$120 million

Amount PayPal reportedly paid for Hyperwallet:

$400 million

Amount PayPal paid for Honey:

$4 billion

Number of PayPal One Touch users:

80 million users (2018)

Number of countries Xoom is available in:

130 countries (2019)

Total volume of the PayPal small business lending division:

$10 billion (2019)

Number of loans issued by the PayPal small business lending division:

650,000 (2019)

Number of sellers the Paypal small business lending division has issued loans to:

225,000 unique sellers (2019)

Average PayPal small business loan:

$50,000 (2019)

Please note that some of these numbers are easier to find than others. A few of these statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

Related Categories:

Business Statistics, eCommerce Statistics, Financial Statistics, Fintech Statistics

About Craig Smith

DMR Publisher. Director of Marketing by day and I run this little site at night. Other interests include Disney, Sports, 80's Nostalgia, LEGO, Star Wars and Tech Gadgets. Other sites include and