Number of registered e-wallet accounts Philippines 2011-2017įinancial institution account ownership rate Indonesia 2011-2021, by income levelįinancial institution account ownership rate Malaysia 2011-2018 by age group audience size of leading payment apps 2017, by gender audience size of leading payment apps 2017 Millennials' preferences for mobile payment provider Europe 2016 Leading digital wallets 2016, by user base Visa Checkout: registered user accounts 2014-2017 Number of users of selected global mobile payment platforms 2017 In 2018, the service's annual mobile payment volume amounted to 227 billion US dollars, representing a 46 percent growth compared to the previous year.īaidu Wallet: activated user accounts Q3 2015-Q4 2016Īpple Pay, Samsung Pay and Android Pay availability 2017, by regionĪpple Pay revenue worldwide 2019, with a forecast for 2023 Customers are required to use their NFC-enabled mobile device to make a payment or use a PayPal card, which can also be swiped or touched in at physical point-of-sale locations. As of December 2018, 36 percent of North American retailers already accepted PayPal as a payment method and 34 percent planned to accept it within the next 24 months. Recently, brick-and-mortar retailers and shops have also begun to accept PayPal as a mobile payment method. Online payment providers usually generate revenue through transaction fees. Many retailers such as BestBuy and Home Depot and digital content sellers like Humble Bundle or Valve use PayPal as an in-store payment or digital wallet top-up method. The service is often considered as the leader of the online and mobile payment market. In 2002, PayPal was acquired by auction site eBay and has made great gains in visibility and online popularity since then. PayPal is a global online payment business allowing users to make payments and money transfers online. PayPal use in the UK, for instance, was somewhat higher than in Germany but significantly higher than the DAU found in 19 other European countries. Daily active users (DAU) can vary per country, however. PayPal's users - tracked by way of active registered accounts - declined into the second quarter of 2023, alongside a continued slow down of y-o-y.
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