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What Is Paypal

Last updated by fabiowzgogo at 10/10/2013 3:02:00 AM, Clicks: 1928

Located in San Jose, California, PayPal was founded in 1998 and was acquired by eBay in 2002.

PayPal is a safer and easier way to pay and get paid online. PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. The service allows anyone to pay in any way they prefer, including through credit cards, bank accounts, buyer credit or account balances, without sharing your financial information. Nowadays PayPal serves as an electronic alternative to traditional paper methods such as checks and money orders.

PayPal has quickly become a global leading role in online payment solutions with more than 164 million accounts worldwide. Now PayPal is available in 190 markets and 17 currencies around the world and it operates locally in 13 countries. PayPal enables global ecommerce across different locations, currencies, and languages by making payments possible.

PayPal has a good repute and has received more than 20 awards for excellence from the internet industry and the business community. Such as the 2006 Webby Award for Best Financial Services Site and the 2006 Webby People's Voice Award for Best Financial Services Site.

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