Payment processor PayPal Holdings Inc’s quarterly revenue rose about 17 per cent as it added more customers and processed more payments than in the same period last year, when it was a part of eBay Inc PayPal, which was spun off from eBay and listed on the Nasdaq in July, said its revenue rose to $2.56 billion (Dh9.4 billion) in the fourth quarter ended December 31 from $2.19 billion. The company’s net income rose to $367 million, or 30 cents per share, from $286 million, or 23 cents per share.

PayPal said its revenue rose to $2.56b in the fourth quarter ended December 31 from $2.19b