The revenue of the PayPal payment system in the second quarter of 2017 grew by 18% and reached $ 3.14 billion, exceeding the expectations of analysts who had forecasted $ 3.09 billion.

Net profit of PayPal compared with the corresponding period last year increased by 27% and reached 411 million dollars.

The number of active accounts, compared with the second quarter of 2016, increased by 80%, or 6.5 million, reaching 210 million. This is the biggest increase in 3 years, reports Reuters.

The volume of payments through PayPal grew by 23% and reached $ 99 billion.

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