PayPal has been focused on protecting inventions in United States(US) with 124 publications in Q2 2024

The United States(US) Patent Office dominates the patent filings and grants with nearly 78% filings and 80% grants. The United States(US), World Intellectual Property Organization(WIPO), European Patent Office(EPO), and Australia(AU) patent Office are among the top ten patent offices where PayPal is filings its patents. Among the top granted patent authorities, PayPal has 80% of its grants in United States(US), 11% in Australia(AU) and 6% in China(CN).

Mastercard and Alibaba Group could be the strongest competitors for PayPal

In terms of grant share, PayPal stands in fourth position among its competitors. Mastercard and Alibaba Group secured the top positions according to recent patent publication data.

Patents related to digitalization and machine learning lead PayPal's portfolio

PayPal has the highest number of patents in digitalization followed by, machine learning and fintech. For digitalization, nearly 12% of patents were filed and 13% of patents were granted in Q2 2024.

Payment services related patents lead PayPal portfolio followed by payments, and communications

PayPal has highest number of patents in payment services followed by payments, communications, mobile and electronic wallets, and machine learning. For payment services, nearly 9% of patents were filed and 8% of patents were granted in Q2 2024.

For comprehensive analysis of PayPal's filings and grants, buy the databook here.

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