A Visual Journey Through the Growth & Evolution of PayPal

At nearly 20 years old, PayPal is a staple of the online world. Many of us started using PayPal as a result of the company’s early 2000s partnership with eBay—a smart business move which resulted in PayPal’s base quickly jumping by 100,000 users. In the years since, PayPal has significantly expanded its reach and capabilities beyond the e-commerce world.

Here are few other key facts and stats about PayPal:

  • 210 million active PayPal account holders
  • $10 billion average annual revenue of PayPal
  • 87% of Millennials use PayPal
  • 18% of all e-commerce is processed by PayPal
  • In 1999, PayPal was voted one of the 10 worst business ideas (ha!)

These figures and factoids come from our friends over at WebsiteBuilder.org, who provided us with this elaborate infographic detailing the evolution of PayPal. To get the full PayPal story, start scrolling down…

PayPal Infographic