PayPal in 2013: more than half revenues from international business, $27BN in mobile payments

Cristina Blanaru Business, e-Commerce

PayPal ended 2013 with a total annual revenue of $6.6BN, 20% up compared to previous year, with international business being responsible for over 50% of this amount. For the entire year, PayPal registered 20M new active accounts, reaching to a total of 143M active accounts. 

PayPal 2013 2

Last year, the total value of the transaction made through PayPal was of $180BN, up 24% compared to 2012. A quarter of PayPal’s business consisted in cross border trade and merchants all over the world used PayPal to process $125BN, up 29% year per year.

PayPal 2013 1

In the mobile field, the volume of payments made through PayPal via mobile devices in 2013 increased by almost 100% in 2013 compared to previous year, reaching to $27BN.

PayPal 2013 3

PayPal registered 5M new active accounts and processed over $6,538 every second in Q4 2013. In total, during last quarter of 2013, PayPal’s customers made a total of 846M transactions and more than 9M payments every day.

PayPal is the faster, safer way to pay and get paid online, via mobile devices and in store. The service allows people to send money without sharing financial information, with the flexibility to pay using their account balances, bank accounts, credit cards or promotional financing. With over 143 million active accounts in 193 markets and 26 currencies around the world, PayPal enables global commerce. PayPal is an eBay (NASDAQ:EBAY) company. PayPal is headquartered in San Jose, Calif. and its international headquarters is located in Singapore. More information about the company can be found at www.paypal.com.