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Founded in 1998,
PayPal, an eBay Company, enables any individual or
business with an email address to securely, easily and
quickly send and receive payments online. PayPal's
service builds on the existing financial infrastructure
of bank accounts and credit cards and utilizes the
world's most advanced proprietary fraud prevention
systems to create a safe, global, real-time payment
solution.
PayPal has quickly become a global leader in online
payment solutions with 96.2 million account members
worldwide. Available in 55 countries and regions around
the world, buyers and sellers on eBay, online retailers,
online businesses, as well as traditional offline
businesses are transacting with PayPal.
Located in San Jose, California, PayPal was acquired by
eBay Inc. in October, 2002.
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