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More than 31 million small businesses use PayPal to collect online payments, according to Forbes.

Marketing experts estimates that the number of PayPal users worldwide will reach 223.3 million in 2023, and that number is expected to increase by roughly 6% annually in the years to come.

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Elana Ashanti Jefferson

Elana Ashanti Jefferson serves as ALM's PropertyCasualty360 Group Chief Editor. She is a veteran journalist and communications professional. Reach her by sending an e-mail to [email protected].

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