Paypal reported 203 million active customer accounts for the quarter ended 31st March 2017 (Q1-2017), with 6 million net new active accounts for the quarter. Unlike Indian digital payments companies, which focus on registered users, Paypal discloses net new active accounts, and this is the largest organic quarterly increase in net new adds over the past 3 years, up 35% from 4.5 million net additions a year ago. The data: Active User Base: 203 million active customer accounts, up 11% year on year from 184 million. This includes 16 million merchant accounts. 6 million net new active accounts added in the quarter (up 35% from a year ago). Paypal is expecting 20 million net adds for the year Transactions: 1.7 billion payment transactions (up 23%) amounting to $99 billion. 32 transactions per active account (up from 28 a year ago), up 12%…
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