- What does PayPal do:
- PayPal is an online payment tool which helps you pay merchants for purchases, send money and accept online payments using credit cards and debit cards. it help small business to make and receive payments from many people around the world.
- Company Name: PayPal Holdings Inc.
- Founded and Launched year: Founded in December 1998 and Launched in November 1999
- Founder(s): Ken Howery, Luke Nosek, Max Levchin, Peter Thiel, Yu Pan , Elon Musk
- Headquarters: San Jose, California, U.S.
- PayPal offices : 56 offices in 31 countries
- Active Users: 203 Million
- Total Number of employees: 23,200
- Supporting currency : It supports 26 currencies
- Revenue: US$17.772 billion
- Stock Cost: USD 146.24 and went public twice on NASDAQ
- Number of countries PayPal operating : 200 countries
- Top 5 Competitors or similar products : WePay, 2Checkout, Authorize.Net, Skrill, Intuit
- Number of websites accepting PayPal: 770,793
- Partnership: Google, Facebook, Visa, Master Card, Telcel, and Vodafone.
- PayPal means: electronic commerce company that facilitates payments through online transfer
- History: Established in December 1998 as Confinity and in November 1999; as X.com. In March 2000, Confinity merged with X.com and it was renamed in 2001 as PayPal
- PayPal subsidiaries : Braintree, Paydiant, Honey, Venmo PayPal Credit ,Xoom Corporation, TIO Networks, card.io, iZettle, Tradera
- Awards: Ranked 204th on the 2019 Fortune 500 of the largest United States corporations
PS: All facts updated on 28-Dec- 2020
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