PayPal Users by Country in 2024
The emergence of digital wallets, currently the top online payment method worldwide, has revolutionized the way both shoppers and merchants handle transactions, making online payments quicker, safer, and more convenient.
Among the many digital wallet options available, PayPal stands out as one of the most popular choices. This is supported by data indicating the growing number of PayPal users, which, as of the first quarter of 2024, was recorded at 427 million.
This raises the question: Where are PayPal users located? In this article, we’ll take an in-depth look at the 2024 ranking of PayPal users by country.
Number of PayPal users by country: table
|
Country |
Number of PayPal users in 2024 |
|
1. United States |
278.1 million |
|
2. Germany |
137.7 million |
|
3. United Kingdom |
56.2 million |
|
4. Italy |
21.9 million |
|
5. France |
20.5 million |
PayPal users by country (2024)
In 2024, the number of PayPal users by country showcases the platform’s widespread popularity across the globe. The United States leads the ranking with an impressive 278.1 million users, making it the only country with over 250 million PayPal users. This significant milestone is not surprising, given it is the fintech’s home market and digital wallets currently dominate the online payment landscape there. US PayPal transaction volumes are also on an upward trend. Expected to total $1.1 trillion in 2024, this figure is projected to rise and hit $1.52 trillion by 2027.
Germany follows in second place on the ranking of PayPal users by country, with 137.7 million users, illustrating strong adoption in Europe’s largest economy. The United Kingdom comes next, with 56.2 million users. Two other European countries, Italy and France, also show substantial user bases, with 21.9 million and 20.5 million users, respectively. These figures underscore the broad acceptance and trust PayPal has garnered across different regions.
PayPal usage by country (by website traffic)
|
Country |
Monthly traffic (June 2024) |
Share |
|
1. United States |
218.44 million |
33.57% |
|
2. Germany |
105.82 million |
16.26% |
|
3. United Kingdom |
58.25 million |
8.95% |
|
4. Italy |
30.04 million |
4.62% |
|
5. Kenya |
25.59 million |
3.93% |
Examining the list comparing PayPal usage by country in terms of website traffic provides another lens through which to understand its global reach. As of June 2024, the US leads, with 218.4 million visits to PayPal.com, representing 33.6% of the total traffic. This high traffic volume correlates with the substantial number of users and the heavy reliance on PayPal for online transactions in the US.
In second place, Germany sees 105.8 million monthly visits, accounting for 16.3% of the global traffic, and the United Kingdom follows, with 58.3 million visits (9%). Italy and Kenya round out the top five, with 30 million (4.6%) and 25.6 million (3.9%) visits, respectively. Kenya’s presence on this list highlights the growing penetration of digital payment solutions in emerging markets, driven by increased internet access and mobile payment options.