Despite experiencing a minimal drop in the 3rd quarter of 2021 as compared to the 2nd quarter, PayPal didn’t stop the hustle of improving in every other aspect. From net income to active accounts and completed transactions, the company is growing in all the right directions. As revealed by the sources, around 66 percent of PayPal’s total earnings in the 3rd quarter came from its USA customers.
According to the infographic below, out of the top three payment methods surveyed in four different countries, PayPal is predominantly used in Germany and China i.e., by 51 percent and 76 percent of the total respondents, respectively.
Whereas, in the UK and USA, 38 percent and 32 percent of people, respectively, are likely to prefer paying for their carts via debit card. However, online payment services such as PayPal and Alipay, etc. are the second most used option in the UK as 25 percent of the respondents preferred it after debit cards.
On the contrary, credit cards are chosen as a mode of payment in the USA by around 31 percent of the respondents. The rest of the countries surveyed i.e., Germany, UK, and China don’t prefer using credit cards as much.
Infographic by: Statista.com