Within the closing quarter of 2020, PayPal gained 16 million in web new energetic accounts and dealt with $277 billion in whole fee quantity. Notably, PayPal’s spending in expertise elevated year-over-year by greater than 30% to $732 million.
Clients who bought crypto via the platform have been logging into PayPal twice as a lot as they have been earlier than shopping for crypto, the corporate mentioned in its investor replace.
It is a creating story and might be up to date.