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A Look at PayPal's 1Q2012 Financial Results

PayPal logo 140pxPayPal's parent eBay announced financial results for 1Q2012.

PayPal ended the quarter with 109.8 million active registered accounts, a 12% increase over the first quarter of 2011. PayPal revenue increased 32% year over year, driven primarily by increased penetration on eBay as well as continued merchant and consumer adoption. PayPal's net total payment volume (TPV) grew 24% year over year to $34 billion.

eBay reported that the PayPal 'take rate' rose to 3.87% in 4Q2011.

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