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PayPal's fast Canadian facts

Posted by Rob Lewis on Fri, July 31, 2009 1:02 PM · Filed under Calgary, Edmonton, Montréal, Ottawa, Toronto, Vancouver, Victoria, Kitchener-Waterloo, Atlantic-Canada , Research & Infographics · Comments

PayPal released their Q2 2009 fast facts today and the results will be of interest to anybody with plans to launch an e-commerce venture North of the border.

A Canadian shopper used PayPal to make an online purchase every 1.2 seconds.
Canadians made 1200 cross-border transactions every hour.
1,000 times every 22 minutes, a Canadian received a payment via PayPal.
Annually, Canadians purchase more than $2 billion online through PayPal.

The full report including Q2 corporate highlights, comScore survey results on e-commerce in Canada, general PayPal facts, and full-year financials for 2008 are available here.

About The Author

Rob Lewis
Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com. His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not blogging on...[more]