PayPal has remained at the forefront of the digital payment revolution for more than 20 years. This easy-to-use e-wallet makes digital payment, and other financial services, more convenient, affordable, and secure.
In 2021 total payment volume reached USD 1.25 trillion. At the end of 2021, PayPal had 416 million active user accounts including more than 31 million merchant accounts -consumers completed 5.3 billion transactions, and the average number of transactions per consumer was 45.4.
After setting up an account and linking their card and/or bank account, consumers log in to use the PayPal app with their email and password or TouchID.