PayPal has dug through their data from hundreds of thousands of online merchants, and determined which U.S. cities are the most friendly to small business.
This is the first time PayPal has ever released any findings from its transaction data (which is quite significant since the company processes 20% of all e-commerce transactions).
Of particular interest, nearly 40% of those businesses that opted-in to provide demographic information as part of the research identified themselves as women-owned online small businesses.
Based on Total Payment Volume, the top 10 cities for online small business are:
- Manhattan
- San Francisco
- Brooklyn
- Los Angeles
- Miami
- Chicago
- Houston
- San Diego
- Austin
- Las Vegas
You can read more about the ranking in the post on the PayPal blog as well as in the image below (click the image to view it at full size).
What do you think of the list of the top 10 U.S. cities for online small business based on PayPal total payment volume? Leave a comment and share your thoughts below.
Susan Gunelius
Susan Gunelius is the Founder and Editor-in-Chief of Women on Business. She is a 30-year veteran of the marketing field and has authored a dozen books about marketing, branding, and social media, including the highly popular Ultimate Guide to Email Marketing, 30-Minute Social Media Marketing, Content Marketing for Dummies, Blogging All-in-One for Dummies and Kick-ass Copywriting in 10 Easy Steps. Susan’s marketing-related content can be found on Entrepreneur.com, Forbes.com, MSNBC.com, BusinessWeek.com, and more. Susan is President & CEO of KeySplash Creative, Inc., a marketing communications company. She has worked in corporate marketing roles and through client relationships with AT&T, HSBC, Citibank, Intuit, The New York Times, Cox Communications, and many more large and small companies around the world. Susan also speaks about marketing, branding and social media at events around the world and is frequently interviewed by television, online, radio, and print media organizations about these topics. She holds an MBA in Management and Strategy and a Bachelor of Science degree in Marketing and is a Certified Professional Career Coach (CPCC).
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