October 25, 2017
An ever-innovative giant in P2P payments exceeds expectations another time with its Q3 earnings results. In Q3 2017, PayPal added 8.2 million net new active accounts – a record addition to the platform in a quarter. PayPal ended the quarter with approximately 70 million consumer accounts opted into One Touch, and approximately 6 million merchants accepting One Touch.
More importantly, the company continues to make aggressive strides to create a strong supportive network. Since early 2016, the company added 26 partnership agreements.