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PayPal is an eBay Company
Founded in 1998, PayPal, an eBay Company, enables any individual or business with an email address to securely, easily and quickly send and receive payments online. PayPal's service builds on the existing financial infrastructure of bank accounts and credit cards and utilizes the world's most advanced proprietary fraud prevention systems to create a safe, global, real-time payment solution.
PayPal has quickly become a global leader in online payment solutions with 40 million account members worldwide. Available in 38 countries around the world, buyers and sellers on eBay, online retailers, online businesses, as well as traditional offline businesses are transacting with PayPal.
PayPal has received over 20 awards for technical excellence from the Internet industry and the business community at large most recently Fast Company's Top Innovator in Finance (Mar 2011), Tech Exec Networks Information Security Executive Awards 2010 (Oct 2010), European Business Awards (Apr 2010), Better Business Bureau Integrity Awards 2009 (Sep 2009), and Phoenix Business Journal Best Places to Work 2009 (Dec 2009).
PayPal has been in the news on various occasions in such publications as The Wall Street Journal, The New York Times, Time Magazine, Fortune, USA Today, BusinessWeek, Forbes, Newsweek, US News & World Report, The Economist, The Boston Globe, Inc Magazine, Business 2.0, InformationWeek, among others.
Located in San Jose, California, PayPal was acquired by eBay Inc. in October, 2002.