PayPal, a giant in online payments, has been facing some challenges lately. Think of it like a big, strong elephant trying to learn new tricks! It's been working hard to improve and solve its problems, and it's showing some good progress.
- PayPal processes a LOT of money – $1.7 trillion in the last year!
- It's facing competition from companies like Apple Pay and Google Pay.
- PayPal is making changes to its services to become faster and better.
- They've announced a new system called PayPal Open to help businesses.
| Fact | Number |
|---|---|
| Total payment volume (last year) | $1.7 trillion |
| Active accounts | 434 million |
