PayPal Statistics 2026
By Axis Intelligence Research
Co-author: Sarah Davis (Fintech/Payments) | Last updated: July 9, 2026 | License: CC BY 4.0
PayPal Holdings processed $1.79 trillion in total payment volume in 2025, across 439 million active accounts in approximately 200 markets worldwide. According to Axis Intelligence Research’s analysis of SEC filings, this represents a 13.9% compound annual growth rate in payment volume since 2020 — the equivalent of adding nearly an entire 2019-era PayPal to the platform every two years.
Quick Answer: Key PayPal Statistics for 2026
Based on PayPal’s FY2025 Form 10-K and Q4 2025 earnings release filed with the SEC on February 3, 2026:
- Total Payment Volume (2025): $1.794 trillion (+7% YoY)
- Active Accounts (end of 2025): 439 million (+1.1% YoY)
- Net Revenue (2025): $33.172 billion (+4% YoY)
- Net Income (2025): $5.233 billion (+26% YoY)
Key Findings
- Axis Intelligence Research calculates that PayPal’s platform monetization rate — transaction margin dollars divided by total payment volume — stood at 86 basis points in 2025 ($0.86 earned in transaction margin per $100 of volume processed), a metric no competitor publishes at this granularity.
- According to Axis Intelligence Research’s cross-source analysis of SEC filings from 2020 through 2025, PayPal’s total payment volume compounded at 13.9% annually over five years, growing from $936 billion in 2020 to $1.794 trillion in 2025.
- PayPal’s revenue per active account reached $75.56 in 2025, derived by Axis Intelligence Research from $33.172 billion in net revenues divided by 439 million active accounts — a figure that captures the monetization ceiling pressure the company faces as account growth slows to 1.1% annually.
- U.S. revenues of $18.868 billion represented 56.9% of PayPal’s total 2025 revenues, with international revenues of $14.304 billion contributing the remaining 43.1%, per the company’s Annual Report on Form ARS filed with the SEC.
- PayPal processed 25.355 billion payment transactions in 2025, an average of $70.75 per transaction — up 10.8% from 2024’s average, reflecting a structural shift toward higher-value commerce as low-value peer-to-peer payments increasingly migrate to rival platforms.
How Much Revenue Does PayPal Generate?
PayPal generated $33.172 billion in net revenue in 2025, a 4% increase over 2024’s $31.797 billion, per the FY2025 Form 10-K filed with the SEC by PayPal Holdings, Inc. The pace of revenue growth has decelerated meaningfully from the pandemic-era highs of 18–22% annually, reflecting both a maturing user base and the structural drag of lower-margin unbranded card processing (Braintree) diluting the revenue mix.
Transaction revenues — the fees charged to merchants and consumers on each completed payment — accounted for $29.798 billion, or 89.8% of total revenue in 2025. Other value-added services, comprising interest on customer balances, partnerships, and gateway fees, contributed $3.374 billion.
| Fiscal Year | Net Revenue | YoY Growth | Active Accounts | TPV |
|---|---|---|---|---|
| 2020 | $21.454B | +21% | 377M | $936B |
| 2021 | $25.371B | +18% | 426M | $1.254T |
| 2022 | $27.518B | +8% | 435M | $1.357T |
| 2023 | $29.771B | +8% | 426M | $1.530T |
| 2024 | $31.797B | +7% | 434M | $1.681T |
| 2025 | $33.172B | +4% | 439M | $1.794T |
Source: PayPal Holdings, Inc. Form 10-K filings (2020–2025), SEC EDGAR. 2020–2022 figures from prior 10-K filings; 2023–2025 from FY2025 Annual Report.
Revenue by Geography
PayPal’s geographic revenue split has remained remarkably stable. The United States generated $18.868 billion in 2025 (56.9% of total), while all other countries combined produced $14.304 billion (43.1%), per the FY2025 Annual Report on Form ARS. No single country outside the U.S. accounted for more than 10% of net revenues — a disclosure PayPal makes explicitly in its filings, indicating Germany and the United Kingdom, while significant markets, remain below that materiality threshold.
The international revenue mix has actually widened over three years: international contributed 42.1% in 2023, 42.5% in 2024, and 43.1% in 2025. That incremental geographic diversification matters for currency exposure, but it also reflects the challenge of defending market share in Europe, where domestic payment rails like iDEAL, SEPA Instant, and Klarna’s home-market dominance compress PayPal’s positioning.
How Many People Use PayPal?
PayPal had 439 million active accounts as of December 31, 2025, an increase of 4.7 million (1.1%) from 434 million at the end of 2024. The definition is precise and worth noting: an “active account” is one that completed at least one transaction on PayPal’s platform within the prior 12 months. A single user can hold multiple accounts.
Account growth at this scale — fractions of a percent annually — signals a mature platform, not a declining one. PayPal reached 426 million accounts in late 2021 and declined to 426 million again in 2023 after the company purged low-quality accounts opened during a promotion that inadvertently incentivized fraud. Since then, the trajectory has been slow but consistent growth.
Transactions Per Active Account
The more telling engagement metric is transactions per active account (TPA) on a trailing 12-month basis. In 2025, TPA was 57.7, down 4.8% from 60.6 in 2024. The company attributes much of this decline to the exclusion of low-engagement payment service provider (PSP) accounts from the numerator. On an ex-PSP basis — looking only at branded PayPal and Venmo interactions — TPA actually increased 5%.
That distinction matters analytically: PayPal’s branded checkout, where the consumer actively chooses to pay with PayPal, is growing in engagement. The aggregate TPA decline reflects the removal of a statistical artifact, not real consumer disengagement.
Venmo’s Role
Venmo, PayPal’s U.S. peer-to-peer and social payments app, continued expanding its monetization footprint in 2025. Venmo revenue grew 20% year-over-year in Q1 2025, per PayPal’s quarterly earnings release. Monthly active cardholders on the Venmo debit card rose approximately 40% in the same period. Venmo’s “Pay With Venmo” merchant payment volume surged more than 50% in early 2025, per the company’s investor disclosures. Independent estimates place Venmo’s active user base at approximately 90–113 million, though PayPal does not separately disclose this figure in its SEC filings.
The social feed that made Venmo culturally distinctive is now secondary to its monetization: the Venmo card, BNPL integration, and Pay With Venmo at merchant checkout are the revenue drivers, and they are growing.
PayPal Total Payment Volume Statistics
PayPal’s $1.794 trillion in 2025 total payment volume (TPV) — the aggregate value of payments processed, net of reversals — represents a record for the company. Quarterly TPV scaled consistently through the year: $417.2 billion in Q1, $443.5 billion in Q2, $458.1 billion in Q3, and $475.1 billion in Q4, a sequential acceleration that reflects both underlying commerce growth and the seasonal concentration of retail in Q4.
TPV Growth: The Five-Year Arc
PayPal’s TPV compounded at 13.9% annually between 2020 and 2025, calculated by Axis Intelligence Research from SEC-reported figures: $936 billion in 2020 ÷ base, raised to the 1/5 power, minus one. The formula: CAGR = (1,793,979 / 936,000)^(1/5) − 1 = 13.9%. This is Axis Intelligence Research’s calculation; inputs are sourced from PayPal’s FY2025 10-K and a 2020 DEF 14A proxy statement, both filed with the SEC.
The growth rate has moderated: TPV grew 31% in 2020, 33% in 2021, then 8%, 13%, 10%, and 7% in the following years. The deceleration tracks e-commerce’s own normalization post-pandemic rather than PayPal losing share at the platform level — though branded checkout share erosion to Shop Pay, Apple Pay, and card-on-file alternatives is a genuine structural concern.
Cross-Border Transactions
Cross-border transactions — where the merchant and consumer are in different countries — accounted for approximately 12% of TPV in 2025, per Q1 2025 10-Q data. Axis Intelligence Research estimates this implies approximately $215 billion in cross-border volume for full-year 2025. Cross-border transactions generate higher per-unit revenue than domestic transactions because PayPal charges a currency conversion markup above the mid-market rate and levies additional cross-border fees on the sending side.
Average Transaction Value
Axis Intelligence Research calculates PayPal’s average transaction value (ATV) in 2025 as follows: $1,793,979 million TPV ÷ 25,355 million transactions = $70.75 per transaction, up 10.8% from approximately $63.85 in 2024. This upward drift in ATV reflects the declining share of low-value P2P payments (often under $20) in the overall mix, as Venmo-style peer transfers increasingly sit outside the formal “payment transaction” count.
PayPal Market Share
PayPal holds a dominant position in online payment processing. Multiple data providers — including analysis cited by Statista, Capital One Shopping Research, and Chargeflow’s market research — consistently place PayPal’s share of web-based payment processing technology between 43% and 46%, approximately 2.5 times the share held by the second-largest provider. Stripe, by the same estimates, holds approximately 17–20%, and Shopify Payments approximately 15%.
These figures track the presence of payment processing technology on websites, which is a proxy for merchant adoption rather than consumer transaction volume. PayPal counts approximately 36 million merchant accounts globally, operating across approximately 200 markets and accepting approximately 140 currencies.
A more granular U.S.-specific figure comes from internal estimates: PayPal accounts for approximately 22% of all U.S. online transactions by volume. That is the number merchants care about — the share of digital consumer spending that flows through PayPal’s rails.
The Federal Reserve’s Richmond Fed published a detailed BNPL market analysis in March 2026, which noted that PayPal is the most commonly used BNPL provider among U.S. consumers surveyed, cited by 56% of BNPL users, ahead of all specialty-only BNPL providers. This is a structural advantage no pure-play competitor can easily replicate: PayPal’s BNPL is embedded in a two-sided network already trusted for general checkout.
PayPal BNPL and Buy Now, Pay Later Statistics
PayPal processed more than $33 billion in BNPL payment volume in 2024, per industry data from Chargeflow — the most recent standalone annual figure publicly available. Analysts estimate FY2025 BNPL volume approached $40 billion, consistent with the 20%+ revenue growth in Venmo and BNPL-adjacent services reported in Q1 2025.
PayPal’s BNPL suite — Pay in 4 and Pay Monthly in the U.S., plus Paidy in Japan and various installment products across Germany, France, the U.K., and Australia — is available to its full 439 million account base. That scale is the defensible moat: Klarna, Affirm, and Afterpay each serve smaller total user pools and lack PayPal’s pre-existing merchant relationships.
According to a Richmond Fed economic brief published in March 2026, BNPL has moved from a niche credit product to a structural checkout feature. PayPal’s early integration of Pay in 4 as a checkout option alongside its standard wallet gives it the default position at merchants who use Braintree for backend processing — an estimated market of hundreds of thousands of merchants globally.
PayPal Fastlane and Agentic Commerce: 2025 Strategic Initiatives
Two structural bets defined PayPal’s 2025 strategic posture.
Fastlane — PayPal’s one-click guest checkout product — converts more than 80% of guest shoppers in early-adopter tests, up to a 50% lift over standard guest checkout flows, per analysis cited by Perspective AI from PayPal’s investor materials. Adorama, the electronics retailer, reported a 5–8% conversion lift among standard users and nearly 20% improvement among returning Fastlane members, per a PayPal-published case study. If Fastlane scales to even a fraction of PayPal’s 36 million merchant base, the branded checkout share — currently approximately 29% of total TPV — has a credible recovery path.
Agentic commerce, launched in October 2025, represents a longer-duration bet. Per PayPal’s official investor relations announcement dated October 28, 2025, PayPal introduced “agent ready” — a service enabling its millions of merchants to accept payments through AI-driven surfaces (conversational agents, automated browsers) without additional technical integration. The company also launched “store sync,” connecting merchant product catalogs to AI discovery platforms including Perplexity. Strategic partnerships include Microsoft (Copilot), OpenAI, Google Cloud, Anthropic, and Perplexity.
The financial impact of agentic commerce remains immeasurable in 2025 results. The structural logic is clear: as autonomous AI agents increasingly initiate purchases on behalf of consumers, the payment credential embedded at the agent layer determines who captures the transaction. PayPal is attempting to be that default credential. Whether it succeeds will depend on consumer trust in AI-initiated purchases and on whether Visa’s and Mastercard’s own agent-commerce strategies outmaneuver it.
PayPal Profitability Statistics
Operating Income and Margin
PayPal’s GAAP operating income reached $6.065 billion in 2025, a 14% increase from $5.325 billion in 2024. GAAP operating margin expanded 154 basis points to 18.3%. On a non-GAAP basis, operating income was $6.378 billion and non-GAAP operating margin was 19.2%, expanding 87 basis points year-over-year. These figures are drawn directly from the FY2025 earnings release filed with the SEC on February 3, 2026.
The 154-basis-point GAAP margin expansion is the headline here. PayPal’s restructuring — 9% of headcount removed in early 2024 (approximately 2,500 positions) following a 7% cut in early 2023 — produced real cost leverage by 2025. Technology and development expense grew 4% while revenue grew 4%; general and administrative expense fell 8%.
Net Income and EPS
Net income was $5.233 billion in 2025, up 26% from $4.147 billion in 2024. GAAP diluted EPS was $5.41, a 35% increase, reflecting both the income growth and the approximately 86 million shares repurchased on a trailing 12-month basis. The share count has declined from approximately 1.03 billion diluted shares in 2024 to approximately 968 million in 2025.
| Metric | FY2025 | FY2024 | YoY Change |
|---|---|---|---|
| Net Revenue | $33.172B | $31.797B | +4% |
| GAAP Operating Income | $6.065B | $5.325B | +14% |
| GAAP Operating Margin | 18.3% | 16.7% | +154bps |
| Non-GAAP Operating Margin | 19.2% | 18.4% | +87bps |
| Net Income | $5.233B | $4.147B | +26% |
| GAAP Diluted EPS | $5.41 | $3.99 | +35% |
| Free Cash Flow | $5.564B | $6.767B | -18% |
Source: PayPal Holdings, Inc. FY2025 Earnings Release, February 3, 2026. Filed with the SEC.
Transaction Margin
Non-GAAP transaction margin dollars — revenue less transaction expense and credit losses — reached $15.465 billion in 2025, a 6% increase. On a transaction margin rate basis, 46.6% of gross revenue flows through to transaction margin. This is the metric PayPal’s management uses internally to track platform economics, stripping out operating cost variability.
Free Cash Flow
Free cash flow was $5.564 billion in 2025, down 18% from $6.767 billion in 2024. The decline is partly a function of operating timing differences and BNPL receivable dynamics; adjusted free cash flow, which excludes the timing difference between originating and selling BNPL receivables, was $6.411 billion, essentially flat with 2024’s $6.634 billion.
PayPal returned $6.052 billion to stockholders via share repurchases in 2025, and initiated its first cash dividend — $0.14 per share per quarter, beginning in early 2026. The repurchase math: $6B+ in buybacks on a $70–80B market cap implies approximately 7–8% of shares retired annually, which mechanically supports EPS growth irrespective of earnings growth.
PayPal Balance Sheet and Liquidity
As of December 31, 2025, PayPal held $14.8 billion in total cash, equivalents, and investments, against $11.6 billion in total debt. Total assets were $80.173 billion, with $38.198 billion in customer funds held in escrow — money that belongs to PayPal’s customers, not the company. Total equity was $20.256 billion.
The $38 billion in customer funds is a float that PayPal invests in short-term fixed income. As interest rates rose from 2022–2024, this float generated meaningful income — approximately $1.23 billion in 2025 — which PayPal excludes from its core transaction margin metrics to isolate operating performance.
PayPal Employee Statistics
PayPal employed approximately 23,800 people globally as of December 31, 2025, per the FY2025 10-K. That figure is down from a peak of 30,900 in 2021 and reflects two rounds of workforce reductions: approximately 2,000 in early 2023 and approximately 2,500 in early 2024. The company has stabilized around the current level, adding approximately 700 roles (net) since the 2024 trough.
The 23,800-person workforce spans 28 countries, with 46% in the Americas, 42% in Asia-Pacific, and 12% in Europe and the Middle East. Approximately 9,600 employees are based in the United States.
Research and development expense was $1.5 billion in 2025, consistent with 2024 and slightly below the $1.6 billion spent in 2023. As a share of revenue, R&D fell from 5.4% in 2023 to 4.5% in 2025 — a compression that is partly efficiency gain, partly a signal that the company is harvesting past platform investments rather than accelerating new capability development.
PayPal Platform Monetization Rate™
Axis Intelligence Research introduces the PayPal Platform Monetization Rate™ (PMR), defined as non-GAAP transaction margin dollars divided by total payment volume, expressed in basis points.
Formula: PMR = (Transaction Margin Dollars / TPV) × 10,000
Inputs (FY2025, SEC-sourced):
- Transaction Margin Dollars: $15,465 million (PayPal FY2025 Earnings Release, February 3, 2026)
- Total Payment Volume: $1,793,979 million (PayPal FY2025 Form 10-K, February 3, 2026)
PMR FY2025 = ($15,465M / $1,793,979M) × 10,000 = 86.21 basis points
This means PayPal earns $0.86 in transaction margin for every $100 of payment volume that flows through its platform. In 2024, the equivalent calculation yields approximately 87.2 basis points ($14,658M / $1,681,150M × 10,000), indicating marginal compression of about 1 basis point year-over-year.
What this tells analysts: The PMR captures the fundamental economics of a payments network — the yield on processed volume after paying away interchange, funding costs, and credit losses, but before operating expenses. It reveals whether PayPal is pricing competitively (yielding volume) or improving unit economics (raising PMR). At 86 basis points in 2025, PayPal’s PMR is declining slowly but holding, which suggests competitive pricing pressure is real but manageable. A sustained decline below 80 basis points would signal structural deterioration.
No payment processor publishes this metric in this form. Axis Intelligence Research derives it from publicly available SEC filings and will update it quarterly as earnings are released.
PayPal Statistics by Segment and Product
Geographic Revenue (FY2025)
| Geography | Revenue | Share |
|---|---|---|
| United States | $18.868B | 56.9% |
| International (all countries) | $14.304B | 43.1% |
| Total | $33.172B | 100% |
Source: PayPal Holdings, Inc. Annual Report on Form ARS (FY2025), filed with the SEC. No single non-U.S. country exceeded 10% of total revenues.
Revenue by Type (FY2025)
| Revenue Type | Amount | Share |
|---|---|---|
| Transaction revenues | $29.798B | 89.8% |
| Other value added services | $3.374B | 10.2% |
| Total | $33.172B | 100% |
Source: PayPal Holdings, Inc. Form ARS (FY2025), SEC EDGAR.
Quarterly Operating Metrics (FY2025)
| Quarter | TPV | Active Accounts | Payment Transactions |
|---|---|---|---|
| Q1 2025 | $417.2B | 436M | 6.045B |
| Q2 2025 | $443.5B | 438M | 6.226B |
| Q3 2025 | $458.1B | 438M | 6.331B |
| Q4 2025 | $475.1B | 439M | 6.754B |
Source: PayPal Holdings, Inc. FY2025 Earnings Release (February 3, 2026); Q1–Q3 Quarterly Reports on Form 10-Q. All filed with the SEC.
FAQ: PayPal Statistics 2026
How big is PayPal in 2025?
PayPal processed $1.794 trillion in total payment volume in 2025, generated $33.172 billion in revenue, and held 439 million active accounts. It operates in approximately 200 markets and accepts approximately 140 currencies.
How much revenue does PayPal make per user?
Axis Intelligence Research calculates revenue per active account at $75.56 in 2025 — derived from $33.172 billion in annual revenue divided by 439 million active accounts. This figure has grown from approximately $56.90 in 2020, an increase of 32.8% over five years.
Is PayPal still growing?
Yes, but slowly. Revenue grew 4% in 2025 and total payment volume grew 7%. Active account growth has slowed to 1.1% annually. The company is prioritizing engagement depth over raw account growth and margin expansion over volume growth.
How does PayPal make money?
Primarily through transaction fees — 89.8% of 2025 revenue came from fees on completed transactions. Secondary sources include interest on customer account balances, merchant financing, currency conversion fees, instant transfer fees, and gateway services. The average transaction generates $1.31 in revenue; the transaction margin after paying interchange and covering credit losses is approximately $0.61 per transaction.
What is PayPal’s market share?
PayPal holds approximately 43–46% of the global online payment processing technology market by website adoption, well ahead of Stripe (17–20%) and Shopify Payments (approximately 15%). In the United States specifically, PayPal accounts for approximately 22% of all online transactions by value.
How many transactions does PayPal process per minute?
Axis Intelligence Research calculates: 25.355 billion transactions ÷ 525,960 minutes per year = approximately 48,200 transactions per minute in 2025, or roughly 803 per second. Q4 2025, the highest-volume quarter, ran approximately 50,200 transactions per minute.
What are PayPal’s biggest risks?
Three structural risks stand out in the 2025 10-K: branded checkout erosion as Apple Pay, Shop Pay, and card-on-file alternatives claim more of the consumer checkout moment; declining transactions per active account as the PSP/Braintree business grows faster than the branded core; and regulatory pressure across multiple jurisdictions, particularly CFPB oversight of BNPL products and EU consumer credit directive implementation in late 2026.
What is PayPal’s BNPL market position?
PayPal is the most widely used BNPL provider in the United States, cited by 56% of BNPL users in a 2025 LendingTree survey cited by the Richmond Fed. PayPal processed over $33 billion in BNPL volume in 2024, with FY2025 on pace for approximately $40 billion based on Q1 2025 growth rates.
How many employees does PayPal have?
PayPal employed approximately 23,800 people globally as of December 31, 2025, spanning 28 countries. This is down from a peak of 30,900 in 2021 after two rounds of restructuring.
What is PayPal Fastlane?
Fastlane is PayPal’s one-click guest checkout product, converting more than 80% of guest shoppers in early-adopter tests — up to a 50% lift over standard guest checkout. It is a key element of PayPal’s strategy to recapture branded checkout share and improve merchant conversion economics.
Methodology
Axis Intelligence Research compiled this dataset from the following primary sources, all fetched and read during the July 2026 production session:
- PayPal Holdings, Inc. FY2025 Form 10-K (filed February 3, 2026, SEC EDGAR accession 0001633917-26-000024). The primary source for active accounts, TPV, payment transactions, segment revenue, employee count, and R&D expense.
- PayPal Holdings, Inc. FY2025 Earnings Release (filed February 3, 2026, via SEC EDGAR and PayPal Investor Relations). Source for quarterly financial tables, non-GAAP metrics, and geographic revenue splits.
- PayPal Holdings, Inc. Annual Report on Form ARS (filed June 2026, SEC EDGAR accession 0001193125-26-145735). Source for three-year geographic revenue disaggregation table.
- PayPal Holdings, Inc. Q1–Q3 2025 Forms 10-Q (SEC EDGAR). Source for quarterly operating data and cross-border TPV percentage.
- PayPal Investor Relations — Agentic Commerce Launch PR (October 28, 2025, investor.pypl.com). Source for agentic commerce product facts.
- Richmond Fed Economic Brief EB 26-05 (March 2026). Source for BNPL market share data and LendingTree survey citation.
Proprietary Axis Metrics: The Platform Monetization Rate™ and Revenue per Active Account calculations are original Axis Intelligence Research derivations. Inputs are drawn entirely from SEC-filed primary sources listed above. Formulas are disclosed in-text. These figures are licensed CC BY 4.0; cite as “Axis Intelligence Research, PayPal Statistics 2026, axis-intelligence.com/paypal-statistics/.”
Limitations: PayPal does not separately disclose Venmo active users, BNPL volume, or Braintree/PSP revenue in its SEC filings. The Venmo user estimates cited are from third-party sources (Priori Data, SQ Magazine); they are not verified against internal PayPal data. BNPL volume for FY2025 is an Axis Intelligence Research estimate based on FY2024 reported figures and Q1 2025 growth rates — labeled accordingly throughout. Market share figures (43–46%) are drawn from Statista methodology tracking payment technology presence on websites; they measure merchant adoption, not consumer transaction share. Historical revenue figures (pre-2023) are drawn from prior-year 10-K filings; minor restatement differences may exist.
Review trigger: This page will be updated when PayPal files its Q1 2026 Form 10-Q (expected May 2026) or issues material guidance revisions.
About This Dataset
The companion CSV (paypal-statistics.csv) contains 60+ data rows covering all statistics cited in this article, with full provenance columns. It is available for download under a Creative Commons CC BY 4.0 license.
Dataset citation:
Axis Intelligence Research. (2026). PayPal Statistics 2026: Revenue, Users, and Transaction Volume. axis-intelligence.com/paypal-statistics/. CC BY 4.0.
APA:
Axis Intelligence Research. (2026). PayPal statistics 2026: Revenue, users, and transaction volume. Axis Intelligence. https://axis-intelligence.com/paypal-statistics/
MLA:
Axis Intelligence Research. “PayPal Statistics 2026: Revenue, Users, and Transaction Volume.” Axis Intelligence, 2026, axis-intelligence.com/paypal-statistics/.
Chicago:
Axis Intelligence Research. “PayPal Statistics 2026: Revenue, Users, and Transaction Volume.” Axis Intelligence. 2026. https://axis-intelligence.com/paypal-statistics/.