PayPal is the world's most popular
online payments platform, insurance of this came out this weekend with
impressive numbers about the amount of payments it processes daily.
According to Paypal, insurance
it saw about $3,650 in Total Payment Volume (TPV) every second during
the second quarter of 2011. That totals approximately $315.3 million a
day,insurance can you believe it, with upwards of 5 million
transactions taking place in a 24-hour span.
To say that PayPal has been
doing well as of late is an understatement; in fact, this year also saw
its first billion-dollar revenue quarter.But unfortunately,Paypal is
not available in pakistan and some other countries in the same region
and insurance not showing any signs yet to be available in some
countries in the region.
PayPal has also seen big increases in its mobile transactions, with roughly $10 million being processed daily on mobile devicesinsurances. Mobile TPV is estimated to exceed $3 billion this year; it was just $750 million last year.
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