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. CS1 maint: discouraged parameter (link)
  3. "PayPal Goes Public Again". Forbes. Retrieved 27 August 2017. CS1 maint: discouraged parameter (link)
  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. CS1 maint: discouraged parameter (link)
  6. Lextrait, Vincent (January 2010). "The Programming Languages Beacon, v10.0". Archived from the original on 30 May 2012. Retrieved 14 March 2010. CS1 maint: discouraged parameter (link)
  7. Jeff Harrell. "Node.js at PayPal". Paypal-engineering.com. Retrieved 6 September 2011. CS1 maint: discouraged parameter (link)
  8. Hashemi, Mahmoud (December 2014). "10 Myths of Enterprise Python". Retrieved 7 November 2015. CS1 maint: discouraged parameter (link)
  9. Wolverton, Troy (3 October 2002). "It's official: eBay weds PayPal". CNET News. Retrieved 16 March 2014. CS1 maint: discouraged parameter (link)
  10. Matt Richtel (9 July 2002). "EBay to Buy PayPal, a Rival in Online Payments". The New York Times. Retrieved 23 November 2014. CS1 maint: discouraged parameter (link)
  11. Seetharaman, Deepa; Mukherjee, Supantha (30 September 2014). "EBay follows Icahn's advice, plans PayPal spinoff in 2015". Reuters. Retrieved 23 November 2014. CS1 maint: discouraged parameter (link)
  12. "PayPal Global - All countries and markets". PayPal. Retrieved 28 March 2017. CS1 maint: discouraged parameter (link)

Other websitesEdit