PayPal processes an average of 41 million transactions every single day up 20.58% from 2019, when an estimated 34 million transactions were processed daily. PayPal is an online payment system that enables individuals and businesses to send and receive money securely, either by phone app or website. This makes PayPal a necessary technology for the future of commerce. Since 1998, the brand has given companies and consumers an alternative way to facilitate business in an international economy. ![]() ![]() By 2025, analysts expect there to be 249.9 million global PayPal users, a 5.6% annual increase. In 2023, the user number is forecasted to increase by 6.7%, to reach 223.3 million, before rising again by 6%, to 236.7 million, in 2024. PayPal is a platform that has opened countless doors for millions of users in over 200 countries.
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