Paypal has reached 100,000,000 active users!

Paypal had recently reported that their active users amount had reached 100 millions! Administration of this payment system claims that this amount is raising for one million (! ) every month, and it’s very impressive, however it’s not clear what they mean by «active user».

At the end of last year they had only 94. 4 millions active users, and thatВґs many times more then any other payment system or e-currency (for example, Webmoney claimed at the end of 2010 that they had 13 millions users, including no active I guess). Paypal is owned by eBay, biggest online auction, and PP is making 39% of ebayВґs profit – at the first quarter of 2011 they made 1 billion USD revenue, that is 23% higher then last years result. So this year looks very promising for paypal, especially because they are planning to start work in market of mobile payments soon. LetВґs see, how they will share this market with Google and other giants. If so, please bookmark it, about it, and subscribe to the blog RSS feed.