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June 27, 2011 11:51 pm GMT

PayPal Hits 100 Million Active Users

PayPal has hit 100 million active users. The company confirmed the milestone today. Last week, the company announced that it was upping estimates of the amount of mobile payments transactions using the technology this year; doubling the estimate to $3 billion in mobile total payments volume (TPV) in 2011. At the end of last year, PayPal, which is owned by eBay, had around 94.4 million active users, and has been adding approximately one million active accounts per month. It's unclear, however, what PayPal considers as an 'active user.'

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