Payments News


PayPal Quietly Took Over the Checkout Button

“Now independent of EBay, PayPal has a market capitalization of $100 billion, 100 times what it was worth when it went public in 2002, and the number of users has grown from 15 million to almost 250 million. While it’s struggled in China, where WeChat dominates payments, in the rest of the world it processes as much as 30 percent of all e-commerce transactions, according to some estimates.”