August 23, 2018

Logica gains coverage in Payment Source

PaymentSource covered recent Logica article about PayPal's share of the American payments market, with 58% of Americans using the service, which makes up 14% of online payments in the U.S.

The research also found Americans keep more than twice the amount of money in PayPal accounts as cash in their own physical wallets. Americans with PayPal accounts have an average of $485 at any given time, compared to $196 in cash.