Last year, PayPal processed a total of 692 million transactions, ie an average of 5,200 transactions per minute.
PayPal, which is responsible for a large proportion of eBay in 2012 and further expanded his business and by the end of 2012 amounted to 123 million active accounts, a 15% increase, the largest in recent years. In the final quarter, PayPal registered almost 2 million new accounts every month.
"We had a wonderful wonderful end of the year, the fourth quarter exceeded our expectations. EBay Mobile ended the year with a volume of $ 13 billion - more than double the previous year - and arranged PayPal mobile payment volume worth nearly $ 14 billion, more than triple the previous year. In 2013, we expect border crossing $ 20 billion, "said John Donahoe, president and CEO of eBay Inc..
eBay Inc. announced that revenue for the fourth quarter, ended 31 12th 2012 increased by 18% to $ 4 billion compared to the same period in 2011. With PayPal, which is part of eBay, the net total payment volume (Total Payment Volume-TPV) grew by 24% and increased the yield of about 24%.The key component was the continued growth of interest of traders and consumers in combination with geographic expansion.
About PayPal
PayPal is the faster, safer way to pay or get paid online. The service allows people to send payments without having to share financial information with flexible payment through their PayPal accounts, bank accounts (in certain markets), and credit or debit cards. PayPal is owned by eBay (Nasdaq: EBAY), and more than 117 million active accounts in more than 190 countries and 25 currencies around the world is an important global player, enabling the development of e-commerce. PayPal is headquartered in San Jose, California and its international center located in Singapore.
