

Customers are required to use their NFC-enabled mobile device to make a payment or use a PayPal card, which can also be swiped or touched in at physical point-of-sale locations. As of December 2018, 36 percent of North American retailers already accepted PayPal as a payment method and 34 percent planned to accept it within the next 24 months. Recently, brick-and-mortar retailers and shops have also begun to accept PayPal as a mobile payment method. Online payment providers usually generate revenue through transaction fees.

Many retailers such as BestBuy and Home Depot and digital content sellers like Humble Bundle or Valve use PayPal as an in-store payment or digital wallet top-up method. The service is often considered as the leader of the online and mobile payment market. In 2002, PayPal was acquired by auction site eBay and has made great gains in visibility and online popularity since then.

PayPal is a global online payment business allowing users to make payments and money transfers online. PayPal use in the UK, for instance, was somewhat higher than in Germany but significantly higher than the DAU found in 19 other European countries. Daily active users (DAU) can vary per country, however. PayPal's users - tracked by way of active registered accounts - continued to increase into the fourth quarter of 2022, but growth slowed down. Quarterly number of PayPal active accounts worldwide 2010-2022 However, in China the market share is dominated by Office 365 with 57.22 percent and G Suite has a share of 42.74 percent. In the United States for example, G Suite holds a market share of 59 percent and Office 365 with 40 percent. This trend is similar across most worldwide regions although there are exceptions. Worldwide market share of office suite technologies is split between Google’s G Suite and Microsoft’s Office 365, with G Suite controlling around 48 percent of the global market and Office 365 holding around 46 percent. The consumer and small business plans of Office 365 were renamed as Microsoft 365 on 21 April, 2020.Īn office suite is a collection of software applications (word processing, spreadsheets, database etc.) designed to be used for tasks within an organization. Office 365 applications include Outlook, OneDrive, Word, Excel, PowerPoint, OneNote, SharePoint and Microsoft Teams.

Office 365 is the brand name used by Microsoft for a group of software applications providing productivity related services to its subscribers. Office 365 is used by over a million companies worldwide, with 145,844 customers in the United States alone using the office suite software. Number of Office 365 users worldwide 2023, by country
