PayPal's parent eBay announced financial results for 2Q2012.
PayPal ended the quarter with 113.2 million active registered accounts, a 13% increase over the second quarter of 2011. PayPal revenue increased 26% year over year, driven primarily by increased penetration on eBay as well as continued merchant and consumer adoption and strong growth in Bill Me Later. PayPal's net total payment volume (TPV) grew 20% year over year to $34.5 billion.
eBay reported that the PayPal 'take rate' rose to 3.94% in 2Q2012, up 21 basis points from a year earlier. Management also indicated that it expected PayPal mobile to transact $10 billion in volume in 2012.