Paypal: American worldwide online payments system
PayPal is a website that allows transfer of money among people via web services and email.
The money can be deposited into a bank account. PayPal was owned by eBay, from 2002 to 2015. It can be used in more than 200 countries.
Wiki Simple English | |
Wiki Simple English Headquarters in San Jose, California, U.S. | |
| Company type | Public |
|---|---|
| Industry | Financial technology |
| Predecessors | |
| Founded | December 1998 (as Confinity) October 1999 (as X.com) March 2000 (as PayPal) |
| Founders |
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| Headquarters | San Jose, California, U.S. (corporate headquarters) La Vista, Nebraska, U.S. (operative center) |
Area served | Almost worldwide |
Key people | |
| Products | Credit cards, payment systems |
| Revenue |  US$25.37 billion (2021) |
| US$4.26 billion (2021) | |
 US$4.17 billion (2021) | |
| Total assets | US$75.80 billion (2021) |
| Total equity | US$21.73 billion (2021) |
Number of employees | c. 30,900 (2021) |
| Divisions |
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| Subsidiaries |
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| Website | www |
PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide. However, PayPal is not a bank. Funds that are not used are converted into PayPal's profit.
References
Other websites
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