Over at FinanSer/SWIFT Community, Chris Skinner observes PayPal's 10th birthday with a round up of stats demonstrating the remarkable growth of PayPal and shift toward metrics like active users rather than registered users as their business matures.
Excerpt:
In their latest company presentation, published June 16th, they have these figures:
- PayPal operates in 190 markets using 17 currencies
- A third of people in the UK have a PayPal account
- Over 100,000 websites accept PayPal in Europe
PayPal has more users than most payment services:
- PayPal 141 million
- Chase 115 million
- Citi 114 million
- AMEX 78 million
- CapitalOne 59 million
- Discover Card 50 million
Total Payment Volume (TPV) grew by a third in 2007 to $47 billion.
Read more here.
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.