PayPal

PayPal has remained at the forefront of the digital payment revolution for more than 20 years.

By leveraging technology to make financial services and commerce more convenient, affordable, and secure, PayPal is empowering more than 377 m consumers and more than 24 m merchants in more than 200 markets. PayPal is an e-wallet; an online service which can be used to make payments, rather than paying directly from the customer’s card or bank account.

Customers can either load money on to their e-wallet or connect it to their bank accounts. They can then use it to pay online or – if they have that mobile app – in-store. In addition customers can use the app to send and receive money to and from other Paypal account users.

They can also, through PayPal Credit, get 0% interest on purchases over £99 and pay in monthly instalments (selected merchants only) within an agreed time period.

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Availability Available with PPRO
Type Wallet
Company behind LPM PayPal Inc
Market share details 305 m accounts
Market relevance High
Countries
Afghanistan, Albania, Algeria, Angola, Argentina, Armenia, Australia, Austria, Azerbaijan, Bahrain, Bangladesh, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Central African Republic, Chad, Chile, China, Colombia, Comoros, Congo, Dem. Rep., Congo, Rep., Costa Rica, Cote d’Ivoire, Croatia, Cuba, Curacao, Cyprus, Czech Republic, Denmark, Djibouti, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Ethiopia, Finland, France, Gabon, Georgia, Germany, Ghana, Greece, Guatemala, Guinea, Haiti, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kosovo, Kuwait, Kyrgyz Republic, Lao PDR, Latvia, Lebanon, Lesotho, Liberia, Liechtenstein, Lithuania, Luxembourg, Macau, Madagascar, Malawi, Malaysia, Mali, Malta, Mauritania, Mauritius, Mexico, Moldova, Monaco, Mongolia, Montenegro, Morocco, Myanmar, Namibia, Nepal, Netherlands, New Zealand, Nicaragua, Niger, Nigeria, North Macedonia, Norway, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Qatar, Romania, Russia, Rwanda, San Marino, Saudi Arabia, Senegal, Serbia, Sierra Leone, Singapore, Slovakia, Slovenia, Somalia, South Africa, South Korea, Spain, Sri Lanka, Sudan, Swaziland, Sweden, Switzerland, Syrian Arab Republic, Taiwan, Tajikistan, Tanzania, Thailand, Togo, Trinidad and Tobago, Uzbekistan, Venezuela, Vietnam, Zambia, Zimbabwe

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