In 2023, PayPal's total payment volume or TPV grew by around 12 percent year-on-year, as the digital payment provider grew in importance over the year. One of the areas where PayPal typically sees growth in their TPV is in Venmo: the P2P payment service recorded a payment volume growth of over 50 percent in 2020 - now responsible for roughly 15 percent of PayPal's total volume.
Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023
(in billion U.S. dollars)
Characteristic
TPV (in billion U.S. dollars)
Year-on-year percentage change (%)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
The figures have been taken from several publications.
TPV is the value of payments, net of payment reversals, successfully completed through our Payments Platform, excluding transactions processed through our gateway and Paydiant products.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista, & US Securities and Exchange Commission. (February 8, 2024). Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista, und US Securities and Exchange Commission. "Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023 (in billion U.S. dollars)." Chart. February 8, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista, US Securities and Exchange Commission. (2024). Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista, and US Securities and Exchange Commission. "Value of Payments Processed (Tpv - Total Payment Volume) of Paypal from 2012 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 Feb 2024, https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista & US Securities and Exchange Commission, Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/419783/paypals-annual-payment-volume/ (last visited July 22, 2024)
Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023 (in billion U.S. dollars) [Graph], Statista, & US Securities and Exchange Commission, February 8, 2024. [Online]. Available: https://www.statista.com/statistics/419783/paypals-annual-payment-volume/