This figure dropped 11% to $112.3 billion in March amid the stock market crash caused by the coronavirus crisis. By the end of the last year, the total value of the groupвЂ™s stocks increased to $126.8 billion. In September 2019, PayPal had $121.6bn in market capitalization, revealed the Yahoo Finance data. The increasing number of both PayPal transactions and users worldwide has been followed by the groupвЂ™s steady stock performance. PayPalвЂ™s Market Cap Soared by 83% Year-on-Year Statistics indicate the number of people actively using PayPal services jumped by 105% in the last three years. Since then, this number soared by 104% to 346 million in the second quarter of 2020. The groupвЂ™s Q2 2020 Results also revealed the net revenue hit $5.26 billion in the second quarter of 2020, a 22% increase year-on-year.ДЇive years ago, PayPal had 169 million users all around the world. Statistics show the quarterly number of PayPal transactions jumped by 105% in three years. The quarterly number of payments continued growing in the following years and hit more than 2.9 billion in the second quarter of 2019. In the next twelve months, this figure rose by 25% to over 1.8 billion. In the second quarter of 2016, PayPal reached more than 1.4 billion transactions worldwide, revealed Statista data and PayPal Q2 2020 Results. Statistics show its massive global reach has been driving steady growth in the number of transactions over the years.

Today, the PayPal platform provides digital commerce and peer-to-peer money transfers in more than 200 markets across the world. Moreover, it scores the Chinese competitor both in terms of worldwide popularity and international acceptance.

PayPal Transactions Rocket 105% in Three YearsД¬ompared to its biggest rival, Alipay, built on the Alibaba ecosystem with a much larger user base, PayPal operates as a standalone company.

Paypal active users