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PayPal

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Revision as of 03:53, 28 January 2025 by 65.60.238.33 (talk) (Controversies: Added PayPal refund transaction fee)

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PayPal Holdings, Inc.
Basic information
Founded 1998
Legal structure Public
Industry Financial Technology
Official website https://paypal.com/


  • PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers.
  • It serves as an electronic alternative to traditional paper methods such as 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.
  • Originally founded as Confinity in 1998, it merged with X.com in March 2000, and was finally renamed PayPal in June 2001.
  • PayPal can be used in more than 200 countries/regions.

Products

Controversies

Controversy Year Background Info Aftermath Related Article Related Video(s)
PayPal will no longer refund transaction feeds on refunds 2019 PayPal announced they would undo this policy change, and then a few months later re-implemented it. https://eseller365.com/paypal-will-no-longer-refund-transaction-fees-on-refunds/ https://www.youtube.com/watch?v=c1WPDVjXDj0

https://www.youtube.com/watch?v=6nhZKqC1y1g https://www.youtube.com/watch?v=6APNcFOuE1g https://www.youtube.com/watch?v=rQpfNsuTSGc https://www.youtube.com/watch?v=YPXhzgC2ODs

General References: