PayPal is a popular tool for sending and receiving money online. Though it's been in business since 2002, the most important concern is security. How safe is PayPal?
- PayPal currently has 361 million active users.
- eBay bought PayPal for $1.5 billion, only to separate from it in 2015.
- The average PayPal user conducts 40 transactions per year.
- 87.5% of online buyers use PayPal.
- PayPal had $5.46 billion in net revenue in 2020
- PayPal accounts for 22% of online transactions in the US.
