Annual TPV (Total Payment Volume) of PayPal in USD 2012-2023
In 2023, PayPal's total payment volume or TPV grew by around 12 percent year-on-year, as the digital payment provider grew in importance over the year. One of the areas where PayPal typically sees growth in their TPV is in Venmo: the P2P payment service recorded a payment volume growth of over 50 percent in 2020 - now responsible for roughly 15 percent of PayPal's total volume.