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PayPal Holdings is an American multinational financial technology company that operates an online payment system in many countries that support online transfers and acts as an electronic alternative to traditional paper methods such as checks and money orders. The company operates as a payment processor for online retailers, auction sites, and many other commercial users, charging them fees.
Founded in 1998 as Confinity, PayPal became public with an IPO in 2002. Later that year, it became a fully owned eBay company, valued at $ 1.5 billion. In 2015, eBay released PayPal to eBay shareholders, and PayPal became a private company. The company is ranked 134th in the 2021 Fortune 500 of the largest US companies in revenue. Buy Verified PayPal Account.
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