EBay’s payment service department PayPal recently issued a set of financial data. The data show that PayPal’s transactions amount per second in the second quarter of 2011 is $ 3,650. According to this, PayPal’s every day transactions allowance is about $ 315.3 million. On average, PayPal’s diagram of daily transactions is more than five million.

PayPal’s known as the “crown jewel” of eBay’s business. The facts and numbers display that in the preceding quarter, PayPal’s income for the first time come to $ 1 billion and the snare dealing capacity increased 34%. In terms of revenue it is approaching eBay’s online auction business, whose second-quarter revenue is $ 1.6 billion.

PayPal’s fastest growing business is the mobile payment business. In the earlier of this year, PayPal said the department dealt with a daily trading volume of $ 10 million. At the same time it is expected that the processed mobile transactions will total more than $ 3 billion. However, in 2010 it was only $ 750 million.

In contrast, the strongly growing start-up Square’s daily turnover is only $ 4.0 million. PayPal furthermore designs to go in the shop fee service. It is expected that this year to reach partnership with several retailers. Facebook currently has made a significant contribution to the revenue of PayPal. So it is worth seeing what kind of cooperation eBay and Facebook will reach in the next few weeks.

The statistics show that in 2010 PayPal’s total transaction amount accounted for nearly 18% market share of the global e-commerce market. With PayPal’s business continuing to grow in 2011, this ratio should be further improved in 2011.

As more and more retailers gather in Facebook and more and more money circulats on Facebook through games, apps, and other experience, it is a huge potential market for PayPal .

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