PayPal is a large fintech company that provides a global digital payments platform used by individuals and businesses to send, receive, and manage money online and via mobile.paypal+1
What PayPal is
- PayPal is an American digital payments company that lets users pay online, transfer money, and accept payments without sharing card or bank details directly with the other party.britannica+1
- It operates as a digital wallet and payment processor in over 200 markets, supporting more than 100 currencies for online commerce and person‑to‑person transfers.capterra+1
How PayPal works
- Users create an account and link funding sources such as bank accounts, credit or debit cards, or a PayPal balance, then choose PayPal at checkout or when sending money.paypal+1
- PayPal sits between buyer and seller, authorizing and processing the transaction, using encryption, fraud detection, and buyer/seller protection programs to reduce risk.miracuves+1
Main services and products
- Core offerings include PayPal checkout for online stores, peer‑to‑peer transfers, invoicing, subscriptions, “Pay in 4”/buy‑now‑pay‑later, business tools, and point‑of‑sale via PayPal Zettle.about.pypl+2
- The company also operates brands and services such as Venmo, Xoom, Braintree, PayPal Credit, and crypto buying/holding features in selected markets.bstrategyhub+2
Business model and revenue
- PayPal primarily earns revenue from transaction fees paid by merchants and some consumer transactions, including online payments, cross‑border transfers, currency conversion, and instant withdrawals.dcfmodeling+2
- Additional income comes from value‑added services such as gateway fees, referral and partnership revenue, interest and fees on credit products, and other financial services.ebsco+2
History and company background
- PayPal began in 1998 as Confinity in Palo Alto, founded by Max Levchin and Peter Thiel, later merging with Elon Musk’s X.com and focusing on email‑based money transfers.historytools+1
- It became the main payment method on eBay, was acquired by eBay in 2002, then was spun off as an independent public company in 2015 and now trades on NASDAQ under the ticker PYPL.thestreet+2
- https://www.paypal.com/us/digital-wallet/how-paypal-works
- https://www.ebsco.com/research-starters/business-and-management/paypal
- https://www.britannica.com/money/PayPal
- https://www.capterra.com/resources/what-is-paypal/
- https://miracuves.com/blog/what-is-paypal-and-how-does-it-work/
- https://about.pypl.com/our-impact/customers/default.aspx
- https://bstrategyhub.com/deconstructing-paypals-business-model/
- https://www.paypal.com/lt/business/platforms-and-marketplaces
- https://dcfmodeling.com/blogs/history/pypl-history-mission-ownership
- https://www.historytools.org/companies/paypal-history
- https://www.thestreet.com/technology/history-of-paypal-15062744
- https://en.wikipedia.org/wiki/PayPal
- https://about.pypl.com/who-we-are/history-and-facts/default.aspx
- https://www.paypal.com
- https://www.paypal.com/us/brc/article/benefits-of-subscription-business-model