Blocked in Indonesia, This is the Number of PayPal Users Globally

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Cindy Mutia Annur 01/08/2022 17:20 WIB

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In 2021, the PayPal digital payment application had approximately 426 million annual active users globally.

Annual Number of PayPal App Users Globally (2013-2021)

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Annual Number of PayPal App Users Globally (2013-2021)

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The Indonesian Ministry of Communication and Informatics (Kemenkominfo) blocked the digital payment application PayPal on July 30, 2022. The blocking was implemented because the US-based company had not registered as an Electronic System Organizer (PSE) in Indonesia.

However, Kemenkominfo temporarily unblocked PayPal due to numerous Indonesian users having funds still stored in the application. This temporary unblocking lasted from August 1st to August 5th, 2022, at 23:59 WIB. This means that as of August 6th, 00:00 WIB, PayPal became inaccessible again in Indonesia.

"Please use (the temporary unblocking period of PayPal). We responded to this because of public requests whose money is still stuck there," said Semuel A. Pangerapan, Director General of Applications and Informatics at Kemenkominfo, as quoted by Kompas.com on Sunday (July 31, 2022).

According to a report by Business of Apps, the number of PayPal fintech application users worldwide has increased annually from 2013 to 2021, as shown in the graph. In 2021, the annual number of users reached approximately 426 million, a 13% year-on-year (YoY) increase compared to 2020, which had 377 million users.

"Users transact at least once a year," wrote Business of Apps in its report.

The Business of Apps report notes that the average PayPal user transaction reached 45 times per account in 2021. This number increased by 12.5% (YoY) compared to 2020, which had a frequency of 40 transactions per account.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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