Wednesday, March 21, 2007

PayPal Reports Nearly 35 Million Accounts in Europe

Payments News noticed the Paypal press release, outlining that they have 35 million accounts in Europe, which appears to be the biggest cross-border bank/payment institution/e-money provider of today, even if you estimate that only 10 million accounts will really be active. In 2006, PayPal processed $8.4 billion of total payment volume in Europe.