PayPal customers in Europe number near 35 million
PayPal, the online payments unit of auction website eBay Inc. (EBAY.O), said on Tuesday it has nearly 35 million customer accounts in Europe, about a quarter of all its accounts. In 2006, PayPal processed 6.3 billion euro of payments in Europe, representing around 22 percent of its worldwide total of euro 28.41 billion.
According to Forrester Research, 23 percent of European online shoppers prefer PayPal to paying with credit cards or other payment methods.
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