PayPal

American worldwide online payments system

PayPal is a website that allows the transfer of money among people, via web services and email. The money can be deposited into a bank account. PayPal was owned by eBay, from 2002[9][10] to 2015,[11]. It can be used in more than 200 countries.[12]

PayPal
PayPal.svg
Type of businessPublic
Type of site
Financial
Available inMultilingual
Traded as
FoundedDecember 1998; 22 years ago (1998-12) (as Confinity)
November 1999; 21 years ago (1999-11) (as X.com)
Predecessor(s)Confinity, X.com
Headquarters2211 North First Street
San Jose, California, U.S. (corporate headquarters)
Omaha, Nebraska, U.S. (operative center)
Area servedWorldwide
Founder(s)
IndustryFinancial services
ProductsCredit cards, payment systems
RevenueIncrease US$17.772 billion (2019)[1]
Operating incomeIncrease US$2.719 billion (2019)[1]
Net incomeIncrease US$2.459 billion (2019)[1]
Total assetsIncrease US$51.333 billion (2019)[1]
Total equityIncrease US$16.929 billion (2019)[1]
Employeesc. 21,800 (Dec. 2018)[2]
ParenteBay (2002–2015)[3]
Divisions
  • PayPal Inc (PPI) [4]
  • PayPal Pte. Ltd (3PL) [4]
  • PayPal Payments Pte. Holdings (PPLUX) [4]
  • PayPal Payments Pte Limited (4PL)
Subsidiaries
Websitewww.paypal.com
Alexa rankDecrease 110 (May 2020)[5]
AdvertisingNo
RegistrationYes
UsersIncrease 305 million (2019)
LaunchedDecember 1998 (1998-12)
Current statusActive
Native client(s) onAndroid
iOS
Windows
Written inC++,[6] JavaScript (as Node.js),[7] Python[8]

ReferencesEdit

  1. 1.0 1.1 1.2 1.3 1.4 "PayPal Reports Fourth Quarter and Full Year 2019 Results" (PDF).
  2. "PayPal (PYPL)". Forbes.com. May 2020. Retrieved 20 August 2020.
  3. "PayPal Goes Public Again". Forbes. Retrieved 27 August 2017.
  4. 4.0 4.1 4.2 "EX-10.5". www.sec.gov. Retrieved 16 June 2018.
  5. "Paypal.com Site Overview". Alexa Internet. Retrieved 13 April 2020.
  6. Lextrait, Vincent (January 2010). "The Programming Languages Beacon, v10.0". Archived from the original on 30 May 2012. Retrieved 14 March 2010.
  7. Jeff Harrell. "Node.js at PayPal". Paypal-engineering.com. Retrieved 6 September 2011.
  8. Hashemi, Mahmoud (December 2014). "10 Myths of Enterprise Python". Retrieved 7 November 2015.
  9. Wolverton, Troy (3 October 2002). "It's official: eBay weds PayPal". CNET News. Retrieved 16 March 2014.
  10. Matt Richtel (9 July 2002). "EBay to Buy PayPal, a Rival in Online Payments". The New York Times. Retrieved 23 November 2014.
  11. Seetharaman, Deepa; Mukherjee, Supantha (30 September 2014). "EBay follows Icahn's advice, plans PayPal spinoff in 2015". Reuters. Retrieved 23 November 2014.
  12. "PayPal Global - All countries and markets". PayPal. Retrieved 28 March 2017.

Other websitesEdit