PayPal

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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

• PayPal Honey

Controversies

Controversy	Year	Background Info	Aftermath	Related Article	Related Video(s)