Paypal Signups Tripled Amid Lockdown in Australia

Paypal Signups Tripled Amid Lockdown in Australia
Signage outside PayPal headquarters in San Jose, Calif., in a file photo. Jeff Chiu/AP Photo
AAP
By AAP
Updated:

Signups to Paypal Australia have almost tripled during the COVID-19 pandemic as Australians flock to online shopping, the payments giant says.

Paypal said that in April it processed its highest number of transactions and the largest total value of payments in Australia since it entered the country’s market in 2005, although it declined to give figures.