PayPal is a payments provider that uses encryption softwares that enables people to make financial transfers between computers.The online payment service allows individuals and businesses to transfer funds electronically and complete payments.
PRODUCTS & SERVICES:
PayPal enables users to send funds to anyone with an e-mail address, even if the recipient doesn't have a PayPal account. But in order to receive the funds, the recipient must have a PayPal account associated with that e-mail address. If a user has a PayPal account, they can add and withdraw funds and associate their account with bank accounts or credit cards for more direct transactions, including adding and withdrawing money. Other withdrawal options include using a PayPal debit card to make purchases or get cash from an ATM or requesting a check in the mail.
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Retail customers and Businesses
The company has partnerships with Magento, Shopify, Woo Commerce, ZOHO, WHMCS and Get me a shop.
Peter Thiel, Ken Howery, Elon Musk, Luke Nosek, Dan Schulman
NUMBER OF EMPLOYEES:
Credit Agricole, ING, Madison Dearborn Partners, Temasek, Hikari Tsushin, Qualcomm, Singtel, Sequoia Capital, Deutsche Bank, Goldman Sachs, Idealab, Capital Group, Clearstone Venture Partners, Plug and Play Tech Center, Amidzad Partners, BlueRun Ventures, March Capital Partners