PayPal

PayPal

PayPal is a leading company that provides financial and online payment solution services worldwide. It was founded in 1998 by Ken Howery, Luke Nosek, Max Levchin, and Peter Thiel. The headquarters of the company are located in San Jose, California. The millions of users of this digital payments platform can connect and safely carry out transactions in numerous ways as it offers high security and protection. Money is managed smoothly and effectively while users benefit from the flexible payment solutions offered. Millions of stores offer payments through PayPal and this platform is offered in more than 200 markets around the world. PayPal account holders can receive money in more than 100 currencies and withdraw cash in 56 currencies. They can also hold their balances in 25 currencies. The company was acquired by eBay in 2002 and has itself acquired 19 organizations so far. The estimated annual revenue of PayPal is $15.8 billion. The easy to manage payment method is drawing more and more consumers each year.