Thursday, October 19, 2006

Paypal results are out: another growth quarter

See the file of ebay here:
PayPal's number of accounts grew 41% year over year to 123 million accounts.
The number of accounts active in the quarter grew to 30.9 million, up 26%.
The active accounts generated 146.2 million payments during the quarter averaging about $62 per payment resulting in a total payment volume of $9.1 billion, up 37%.

PayPal's transaction revenue rate was up from 3.6% of payment volume to 3.73% - resulting in PayPal revenues of $340 million, up 42%. And 38% of PayPal's revenue was from international.