Paypal Patents – Insights & Stats (Updated 2024)

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?

Paypal Patent Filing Trend

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 GrantPaypal Applications FiledPaypal Patents Granted
2024176
2023113374
2022236354
2021530352
2020385345
2019542313
2018434275
2017417268
2016422226
2015449158
2014644201
2013401173

How many Paypal patents are Alive/Dead?

Paypal Patent Portfolio

 How Many Patents did Paypal File in Different Countries?

Paypal Worldwide Patent Filing

Countries in which Paypal Filed Patents

CountryPatents
United States of America4583
Australia324
Europe236
China217
Canada123
Japan92
Korea (South)74
Germany50
India41
Austria33
Singapore31
Brazil23
Mexico16
Russian Federation10
United Kingdom7
Sweden7
Israel7
Denmark6
Indonesia6
Norway5
South Africa5
Thailand4
Spain4
Malta2
Taiwan2
Hong Kong (S.A.R.)2
Poland2
Portugal2
Kenya1
Africa1
France1
New Zealand1

Where are Research Centres of Paypal Patents Located?

R&D Centers of Paypal

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 NumberCitation Count
US7089208B1862
US7848765B2687
US8380177B2597
US20140052633A1400
US8326315B2398
US20100306076A1369
US8224702B2325
US20170193624A1306
US7890393B2294
US20130304646A1292

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 –

CompanyNumber of Patent Applications that faced Rejection Citing Paypal PatentsNumber of Rejections (102 & 103)
IBM288603
Mastercard283659
Bank Of America185434
Microsoft181384
Visa174390
Capital One Services145312
Ebay140332
Google131263
Samsung116298
Amazon93199

Count of 102 and 103 Type Rejections based on Paypal Patents

 Top Paypal Patents used in Rejecting Most Patent Applications

Patent NumberCount of Rejected Applications
US8380177B2137
US7848765B283
US9400978B242
US8632000B232
US10839384B231
US8935777B229
US9009096B228
US9442810B228
US20130085861A126
US20070288312A126
US9438575B225
US7089208B125
US7548886B225
US8233841B224
US8839431B222

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 FirmTotal ApplicationsSuccess Rate
Haynes & Boone Llp291476.90%
Maschoff Brennan Paypal70568.32%
Khmrg Paypal27786.14%
Schwegman Lundberg & Woessner P A14775.26%
Munck Wilson Mandala L L P8022.50%
Garlick & Markison Enpulz6678.79%
Drinker Biddle Paypal488.33%
Greenberg Traurig Paypal4791.67%
Kenyon & Kenyon Llp1593.33%
  • 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!

Interested in knowing about the areas of innovation that are being protected by Paypal?

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Our comprehensive report provides an in-depth look into the patent portfolio. The report includes a breakdown of the patent portfolio across various technologies, listing the patent along with brief summaries of each patent's technology.