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Paypal reports 227 M active customer accounts in Q4-2017

Paypal reported 227 million active customer accounts (of which 18 million were merchant accounts) for the quarter ending 31st December 2017 (Q4 2017), adding 8.7 million net new active accounts for the quarter. The company had 29 million net new adds for the full year. The company reported $3.71 billion in revenues in Q4, up 24% year-on-year (YoY). The Numbers Active User Base: 227 million active customer accounts, up 15% year on year. This includes -- million merchant accounts. These are accounts that have been active for 12 months. Net adds: 8.7 million net new active accounts added in the quarter, up 25% YoY. International: 52% of accounts are active outside the US Transactions per active customer account: 33.6, up 8% year on year. Transactions: 2.2 billion transactions, up by 0.3 billion from last quarter, and up 25% YoY. Total Payments Volume: $131.4 billion. Last quarter, it was $114 billion Average Payment Value: $60, up 6% year over year. Transaction revenue (transaction fees on payments) grew 23% year on year, while revenue from other value-added services grew 32%. Other value added services include interest, fees on PayPal Credit, loans receivable, subscription fees, gateway fees, revenue from partnerships etc. Mobile: In Q4, PayPal processed $48 billion in mobile payment volume, representing 53% growth year over year. For the full year, mobile represented approximately 34% of overall payment volume with total mobile payment volume growing 52% to approximately $155 billion for the year. P2P: 20% of Total Payments Value came from P2P (Venmo, Paypal and Xoom). Venmo, the social payments…

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