Paypal has a total of 6316 patents globally, out of which 3561 have been granted. Of these 6316 patents, more than 61% patents are active. United States of America is where Paypal has filed the maximum number of patents, followed by Australia and Europe. Parallelly, United States of America seems to be the main focused R&D centre and also is the origin country of Paypal.
Paypal was founded in the year 1998. The Company provides financial transaction processing services. The Company offers electronic payment processing services such as mobile payments and online invoicing.
Do read about some of the most popular patents of Paypal which have been covered by us in this article and also you can find Paypal patents information, the worldwide patent filing activity and its patent filing trend over the years, and many other stats over Paypal patent portfolio.
How many patents does the founder and the CEO of Paypal have?
The founders Peter Thiel has 43 patents, Max Levchin has 21 patents, Ken Howery has 0 patent, Luke Nosek has 16 patents, Yu Pan has 0 patent and CEO Alex Chriss has 0 patent.
How many patents does Paypal have?
Paypal has a total of 6316 patents globally. These patents belong to 2410 unique patent families. Out of 6316 patents, 3896 patents are active.
How Many Patents did Paypal File Every Year?
Are you wondering why there is a drop in patent filing for the last two years? It is because a patent application can take up to 18 months to get published. Certainly, it doesn’t suggest a decrease in the patent filing.
Year of Patents Filing or Grant | Paypal Applications Filed | Paypal Patents Granted |
2024 | 1 | 76 |
2023 | 113 | 374 |
2022 | 236 | 354 |
2021 | 530 | 352 |
2020 | 385 | 345 |
2019 | 542 | 313 |
2018 | 434 | 275 |
2017 | 417 | 268 |
2016 | 422 | 226 |
2015 | 449 | 158 |
2014 | 644 | 201 |
2013 | 401 | 173 |
How many Paypal patents are Alive/Dead?
How Many Patents did Paypal File in Different Countries?
Countries in which Paypal Filed Patents
Country | Patents |
United States of America | 4583 |
Australia | 324 |
Europe | 236 |
China | 217 |
Canada | 123 |
Japan | 92 |
Korea (South) | 74 |
Germany | 50 |
India | 41 |
Austria | 33 |
Singapore | 31 |
Brazil | 23 |
Mexico | 16 |
Russian Federation | 10 |
United Kingdom | 7 |
Sweden | 7 |
Israel | 7 |
Denmark | 6 |
Indonesia | 6 |
Norway | 5 |
South Africa | 5 |
Thailand | 4 |
Spain | 4 |
Malta | 2 |
Taiwan | 2 |
Hong Kong (S.A.R.) | 2 |
Poland | 2 |
Portugal | 2 |
Kenya | 1 |
Africa | 1 |
France | 1 |
New Zealand | 1 |
Where are Research Centres of Paypal Patents Located?
10 Best Paypal Patents
US7089208B1 is the most popular patent in the Paypal portfolio. It has received 862 citations so far from companies like IBM, Fujitsu and Obopay Inc.
Below is the list of 10 most cited patents of Paypal:
Publication Number | Citation Count |
US7089208B1 | 862 |
US7848765B2 | 687 |
US8380177B2 | 597 |
US20140052633A1 | 400 |
US8326315B2 | 398 |
US20100306076A1 | 369 |
US8224702B2 | 325 |
US20170193624A1 | 306 |
US7890393B2 | 294 |
US20130304646A1 | 292 |
How many inventions of other companies were rejected due to Paypal patents?
The statistics below share strategic R&D insights. It tells the companies that were trying to protect inventions similar to Paypal invention. They couldn’t because Paypal had protected those before them.
Examiners at the USPTO referred 1850 Paypal patents in 13162 rejections (35 USC § 102 or 35 USC § 103 types).
The top citing companies in the Paypal patent portfolio are IBM, Mastercard and Bank of America.
List of the Companies whose Patents were rejected citing Paypal –
Company | Number of Patent Applications that faced Rejection Citing Paypal Patents | Number of Rejections (102 & 103) |
IBM | 288 | 603 |
Mastercard | 283 | 659 |
Bank Of America | 185 | 434 |
Microsoft | 181 | 384 |
Visa | 174 | 390 |
Capital One Services | 145 | 312 |
Ebay | 140 | 332 |
131 | 263 | |
Samsung | 116 | 298 |
Amazon | 93 | 199 |
Count of 102 and 103 Type Rejections based on Paypal Patents
Top Paypal Patents used in Rejecting Most Patent Applications
Patent Number | Count of Rejected Applications |
US8380177B2 | 137 |
US7848765B2 | 83 |
US9400978B2 | 42 |
US8632000B2 | 32 |
US10839384B2 | 31 |
US8935777B2 | 29 |
US9009096B2 | 28 |
US9442810B2 | 28 |
US20130085861A1 | 26 |
US20070288312A1 | 26 |
US9438575B2 | 25 |
US7089208B1 | 25 |
US7548886B2 | 25 |
US8233841B2 | 24 |
US8839431B2 | 22 |
What Percentage of Paypal US Patent Applications were Granted?
Paypal (Excluding its subsidiaries) has filed 4380 patent applications at USPTO so far (Excluding Design and PCT applications). Out of these 2879 have been granted leading to a grant rate of 73.82%.
Below are the key stats of Paypal patent prosecution at the USPTO.
Which Law Firms Filed Most US Patents for Paypal?
Law Firm | Total Applications | Success Rate |
Haynes & Boone Llp | 2914 | 76.90% |
Maschoff Brennan Paypal | 705 | 68.32% |
Khmrg Paypal | 277 | 86.14% |
Schwegman Lundberg & Woessner P A | 147 | 75.26% |
Munck Wilson Mandala L L P | 80 | 22.50% |
Garlick & Markison Enpulz | 66 | 78.79% |
Drinker Biddle Paypal | 48 | 8.33% |
Greenberg Traurig Paypal | 47 | 91.67% |
Kenyon & Kenyon Llp | 15 | 93.33% |
- PayPal expects to double its annual revenue by 2025.
- It expects the expansion of its fintech platform to support that growth.
- Investors would need to pay a much higher premium for PayPal to boost its market cap to $1 trillion in just four years.
PayPal has set ambitious targets for itself, including doubling its active accounts to 750 million and more than doubling its annual revenue to over $50 billion. It expects its earnings to rise at a compound annual growth rate (CAGR) of 22% between 2020 and 2025. The company expects the growing acceptance of NFC and QR code payments to drive that growth.
Its new app adds messaging, bill payments, direct deposits, cryptocurrency services, shopping tools, and more. It also recently partnered with Synchrony Financial to add a high-yield savings account, PayPal Savings. The moves will all make it easier to launch additional features, including free stock trades and other investment services.
EXCLUSIVE INSIGHTS COMING SOON!
What are Paypal‘s key innovation segments?
What Technologies are Covered by Paypal?
The chart below distributes patents filed by Paypal in different countries on the basis of the technology protected in patents. It also represents the markets where Paypal thinks it’s important to protect particular technology inventions.
R&D Focus: How Paypal search focus changed over the years?
EXCLUSIVE INSIGHTS COMING SOON!