PayPal: Online Payments System

PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders. The company operates as a payment processor for online vendors, auction sites, and many other commercial users, for which it charges a fee in exchange for benefits such as one-click transactions and password memory.

PayPal Best Online Payment System

Established in 1998 as Confinity, PayPal had its initial public offering in 2002, and became a wholly owned subsidiary of eBay later that year. eBay spun off PayPal in 2015. The company ranked 204th on the 2019 Fortune 500 of the largest United States corporations by revenue.



As of 2020, PayPal operates in 202 markets and has 305 million active, registered accounts. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.

PayPal's services allow people to make financial transactions online by granting the ability to transfer funds electronically between individuals and businesses. Through PayPal, users can send or receive payments for online auctions on websites like eBay, purchase or sell goods and services, or donate money or receive donations. It is not necessary to have a PayPal account to use the company's services. PayPal account users can set currency conversion option in account settings

PayPal Online Payment Service

Founded: December 1998

November 1999; 20 years ago (as

Headquarters: 2211 North First Street

San Jose, California, U.S. (corporate headquarters)

Omaha, Nebraska, U.S. (operative center)

Founder(s): Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Yu Pan, Russel Simmons, Elon Musk

Key people: John Donahoe (Chairman), Dan Schulman (President and CEO)

Industry Financial services: Products Credit cards, payment systems

Revenue Increase: US$17.772 billion (2019)

Operating income Increase: US$2.719 billion (2019)

Net income Increase: US$2.459 billion (2019)

Total assets Increase: US$51.333 billion (2019)

Total equity Increase: US$16.929 billion (2019)

Employees: 21,800 (Dec. 2018)

Parent eBay (2002–2015)

Subsidiaries: BraintreePaydiantVenmoPayPal CreditXoom CorporationTIO Networkscard.ioiZettleTradera

Website Link:

Social Network: Facebook, Twitter, Instagram, YouTube




Acquisition date Company Price
Jan 28, 2008 Fraud Sciences $169M
Oct 6, 2008 Bill Me Later $945M
Apr 20, 2011 $135M
Apr 28, 2011 FigCard
Oct 15, 2011 Zong $240M
Jul 17, 2012
Apr 11, 2013 IronPearl
Sep 26, 2013 Braintree $800M
Sep 26, 2013 Venmo $26.2M
Dec 17, 2013 StackMob
Mar 2, 2015 Paydiant $280M
Mar 5, 2015 CyActive $60M
Jul 2, 2015 Xoom Corporation $890M
Aug 19, 2015 Modest Inc
Feb 14, 2017 TIO Networks $233M
Aug 10, 2017 Swift Financial
May 17, 2018 iZettle $2.2B
June 19, 2018 Hyperwallet $400M
June 22, 2018 Simility $120M
Sept 30, 2019 GoPay undisclosed (70% stake)
Nov 20, 2019 Honey $4B






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