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June 7, 2018 Content Manager0

The PayPal customer community, consisting of customers, sellers and foundations, has reached more than 200 million active accounts. In addition, 50 million PayPal users started using One Touch. One Touch is PayPal’s fast payment system.

The PayPal customer community, consisting of customers, sellers and foundations, has reached more than 200 million active accounts. In addition, 50 million PayPal users started using One Touch. One Touch is PayPal’s fast payment system.

PayPal Manager and CEO Dan Schulman, who shared these two important developments, conveyed his endless thanks to the users who wrote to the PayPal community and shared new statistics at the same time. One of these statistics was the payroll customers who were 18 years ago, paying 29.2 billion euros, corresponding to 1.62 trillion euros. And in the last three years the members of the community donated more than € 23.7 billion to charity through PayPal.

One/Third of the payout volume is made in mobile devices, says Schulman, who together have said that they have removed the limits on how people can use mobile phone technology to send money and shop. “Last year alone, our community paid more than $ 100 billion in mobile payments, and mobile transactions now account for almost a third of our total payout volume.”

The One Touch product was launched in Europe in 2015 and now has more than 5 million commercial accounts. More than 50 million consumer accounts have switched to One Touch, which is more than twice the amount of 21 million accounts announced in April last year. Schulman says that One Touch is the fastest-accepted product at PayPal’s time, and clearly puts industry pioneer in digital and mobile payments.