Paypal processing $315 million in payments per day

TechCrunch reported that Paypal released some new numbers about the amount of payments they process.

Excerpt:

PayPal released some new public numbers recently that show the payments platform is processing a massive number of payments per day. PayPal says that it saw $3,650 in Total Payment Volume every second in Q2 2011. By our calculations, that means PayPal is processing around $315.3 million in payments per day. On average, the payments platform is seeing upwards of over 5 million transactions a day.

http://techcrunch.com/2011/09/25/paypal-now-processing-315-million-in-payments-per-day/