dticorp
Joined: 19 Aug 2006
Posts: 1716
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| Posted: Thu Mar 22, 2007 12:43 am Post subject: PayPal Has 35 Million Clients In Europe |
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PayPal Has 35 Million Clients In Europe
http://www.bizreport.com/2007/03/paypal_announces_european_account_milestone.html
PayPal’s popularity continues to grow in Europe, where choice, convenience and perhaps most importantly, privacy, are important to online consumers and merchants alike.
A recent press release from PayPal announced it has reached an all time high of 35 million European accounts. They do not, however, clarify whether the figure relates to total, or active, accounts. Earlier this year only 37.6 million PayPal accounts, out of a global total of 133 million, were active. Nevertheless, the online payment company claimed that the milestone “demonstrates the growing popularity of PayPal among internet consumers and merchants across Europe.”
PayPal processed $8.4 billion in European payments in 2006, and thousands of businesses use the online payment method. Its rival, Google’s Checkout, still trails in awareness and PayPal remains the preferred method for merchants across Europe, including Harrods, Boots and DHL.
Google Checkout's lack of success has been blamed, in part, on merchant's privacy concerns. E-consultancy reports on a 2006 study by Piper Jaffrey which cited that merchants were worried about “the perception that Checkout provides Google with too much visibility into their business, especially relating to Google search driven conversion rates”.
At the end of last year, PayPal reported it had 86 million registered users in the U.S. and 47 million elsewhere in the world, and had handled $37.8 billion in sales.
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2BOYSandTOYS
Joined: 14 Mar 2005
Posts: 10095
Location: Kansas
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| Posted: Thu Mar 22, 2007 10:50 am Post subject: Re: PayPal Has 35 Million Clients In Europe |
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If I did my math correctly, 28% of the accounts stated above me are 'active'. They still don't give definition to 'active'.
I wish someone would tell us what active is and also what the active number is for ebaY.
For both, it would be nice to know -
1. Active
2. Passive
3. Deceased
Which do you think would have the higher percentage? :roll: |
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