Independent Study--E Business: Why Paypal?

The charts above are showing that Paypal's active users is growing fast and mobile payment volume is rapid growth on Paypal mobile payment.
Why so many people use Paypal to pay for online shopping? PayPal is subsidiary of eBay Inc which provide payment online and receive payment service. With PayPal account, there's a lot of benefits like 1. Paypal can pay for the shopping items in hundreds of countries, 2. when we use credit card or bank account for online purchasing, we only need to give the information at the first time, after again we don't need to disclose again, 3. accept Paypal without revealing customers financial information, 4. easy to make transfer money to anywere, 5. it is easier than writing and mailing checks,each transaction show up immediately online to the account, 6. it is fast, safe and fees depend on the amount of sales has been made. Now there is 230 million accounts worldwide using Paypal.
In the future, Paypal is going to help small business get paid whether doing business online, offline or on mobile, and allows to invoice directly from the mobile app. For example, according to VB article, Paypal is going to test in-store payment capability at Home Depot which will allow customer to use the Paypal account to shop in stores. Moreover, to help merchants make more sales and grow business in secure and convenience way. Therefore, through this partnership, Paypal will increase more mobile payments earning in the future.