Zynga Was PayPal's Second-Largest Merchant in 2009
A surprising fact came up at last week’s 2010 Media Summit in New York. An eBay spokesman said that Zynga was PayPal’s second-largest merchant in 2009, following eBay itself. Overall, PayPal processed about $500 million in virtual goods payments last year, according to the estimate of Citi analyst Mark Mahaney, who wrote a recap of the summit.
It’s not clear whether Zynga came in second based on the number of transactions or the total amount processed, but it’s probably the latter.
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