PayPal
Payments · United States
PayPal runs a digital wallet and payments platform that lets people pay and send money and lets merchants accept payments, earning fees on each transaction plus interest and fees on credit and other services.
What makes it different
The average account pays more than once a week.
57.7Payments per active accountFY2025
High everyday use is what turns 439 million accounts into a steady stream of fees.
How big it is
How big is PayPal?
$33.2BNet revenuesFY2025
$1.79TPayment volumeFY2025
23,800EmployeesFY2025
How it makes money FY2025
Fees on payments, plus credit and interest.
- Transaction revenues$29.8B
- Other value added services$3.4B
How the business works
One wallet. A fee on every payment.
- 1Shoppers and merchants
- 2Payments from any funding source
- 3Credit and interest on balances
Fees on payments come first; lending and interest on customer balances add a second income stream.
Who owns it
- The Vanguard Group10.05%
- BlackRock, Inc.8.06%
CEO: Enrique Lores
Who it competes with
Key moments
- 1998Confinity starts work on digital payments
- 2002Joins eBay as its payment provider
- 2013Braintree and Venmo join the family
- 2015Independent again, listed on Nasdaq as PYPL
- 2018Zettle, Hyperwallet and Simility join
Sources
Every number on this page comes from PayPal's own reports.
Full profile
The rest of the story is in the app.
What PayPal tracks14 metrics
Total payment volume
Payment transactions
Active accounts
Results, quarter by quarterwith a chart
Revenue
Profit
Margin
Where the money comes from2 regions
United States
Other countries
The full timeline22 moments
2022
2024
2026
PayPal vs Visaside by side
Revenue
Profit
People
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