337 million users and merchants use PayPal according to this. So, somebody IS using it. ;)
PayPal key statistics
https://www.businessofapps.com/data/paypal-statistics/
PayPal generated $21.4 billion revenue in 2020, a 20.9 percent increase year-on-year
PayPal also increased its net profit by 75 percent year-on-year, to $4.2 billion in 2020
Over 15 billion transactions were completed in 2020 on PayPal, accounting for $936 billion in transaction volume
PayPal annual revenue
Year Revenue
2010 $3.5 billion
2011 $4.5 billion
2012 $6 billion
2013 $6.7 billion
2014 $8 billion
2015 $9.2 billion
2016 $10.8 billion
2017 $13 billion
2018 $15.4 billion
2019 $17.7 billion
2020 $21.4 billion
PayPal transactions
Year Transactions
2013 3.2 billion
2014 3.9 billion
2015 4.9 billion
2016 6.1 billion
2017 7.6 billion
2018 9.9 billion
2019 12.4 billion
2020 15.4 billion
- Note those are 2020 numbers. WHY? 2021 hasn't completed itself. We are waiting for them to report their Dec quarter, which will then give us the full year numbers and will be added to this site under 2022.
"Then there was a woman, a lion of a woman."
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