Do Many People Really Use PayPal?

There Are More Than 254 Million Active PayPal Accounts in The World

Source
Statista

Year
2019

This is a 15 percent year-on-year growth compared to 220 million in 2017.

With PayPal, prospects can buy products online without having to pull out their credit card which simplifies the checkout process.

The quicker and easier a prospect can go through your checkout, the more likely they are to complete their purchase.

But this doesn’t mean credit card payments are dead.

In fact, 42% of online shoppers prefer to pay with their credit card.

Giving visitors multiple payment options will increase conversion rates, and reduce cart abandonment.

Takeaway: Survey your customers and find out what their preferred payment options are. The more relevant options you offer, the more money you stand to make.

More 2019 Stats

Users who have a Negative Experience on a Mobile Website are 62 Percent Less Likely to Purchase from that Business in the Future

Using Video on Landing Pages can Increase Conversion by 80%

60% of Online Shoppers Abandon Their Carts Because of Unexpected Extra Costs

Generation X Shop More Online Than Baby Boomers and Millennials

69 Percent of Shopping Carts are Abandoned

An Inconvenient Returns Policy Deters 80% of Shoppers

Longer Mobile Page Load Times Drastically Increase Bounces

Conversion Rate Optimization (CRO) Tools Offer a 223% ROI on Average

81% of Shoppers Research their Product Online before Purchasing

71% of salespeople are using social selling tools

More Stats

Ready to reinvent your sales process and tools?

One quick call and we'll share our approach - no pressure.

Schedule your demo