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1 in 3 UK residents use PayPal

Posted by thatedeguy on 15th November , 2006 - no responses

According to figures released by Datamonitor, Paypal now has 15 million unique users in the U.K. That accounts for approximately 1/3 the 18+ population. It also accounts for just over half of the estimated 24.9 million online shoppers in the U.K.

We are growing faster than ecommerce in the UK. And these are not just user numbers but accounts connected to a specific bank account.

Impressive numbers to be sure. The growth of Paypal has seen some exponential numbers and doesn’t look like it will slow down anytime soon. The addition of new features and better integration with websites is making the eBay owned company a hard payment system to say no to.

[tags]paypal,paypal uk,ebay,ecommerce[/tags]


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