tiprankstipranks
PayPal reports total payment volume up 9%
The Fly

PayPal reports total payment volume up 9%

Reports Q3: Transaction margin dollars increased 8% to $3.7 billion; Total payment volume increased 9% to $422.6 billion; 9% FXN; Payment transactions increased 6% to 6.6 billion; Payment transactions per active account on a trailing 12-month basis increased 9% to 61.4; Active accounts increased 0.9% to 432 million. On a sequential basis, active accounts increased 0.6%, or by 2.6 million.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App