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)
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, & U.S. 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 December 21, 2024, from https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista, und U.S. 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 December 21, 2024. https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista, U.S. 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: December 21, 2024. https://www.statista.com/statistics/419783/paypals-annual-payment-volume/
Statista, and U.S. 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 & U.S. 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 December 21, 2024)
Value of payments processed (TPV - Total Payment Volume) of PayPal from 2012 to 2023 (in billion U.S. dollars) [Graph], Statista, & U.S. Securities and Exchange Commission, February 8, 2024. [Online]. Available: https://www.statista.com/statistics/419783/paypals-annual-payment-volume/