PayPal has more than 35 million accounts, and is offered on more than 100,000 websites in Europe. In 2006, PayPal processed $8.4 billion of total payment volume in Europe.
According to Forrester Research, 23% of all European internet shoppers prefer paying with PayPal. These shoppers can currently find PayPal accepted on many different European retail sites including Harrods, DHL, Meetic, Pixmania, eBuyer, Tommy Hilfiger, Boots. It is also available on eBay (Nasdaq:EBAY).
PayPal has local language websites in 15 countries including Austria, Belgium, France, Germany, Italy, Spain, Ireland, the Netherlands, Poland and the UK. To encourage local and cross border e-commerce, PayPal also supports payments from 190 markets in 17 currencies including Euros, Pounds Sterling, Czech Koruna, Danish Krone, Hungarian Forint, Norwegian Krone, Polish Zloty, Swedish Krona, and Swiss Francs.