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PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers.
Basic Information
PayPal operates as a payment processor for online vendors, auction sites and many other commercial users, for which it charges a fee. PayPal's services allow people to make financial transactions online by granting the ability to transfer funds electronically between individuals and businesses. Through PayPal, users can send or receive payments for online auctions on websites like eBay, purchase or sell goods and services, or donate money or receive donations. It is not necessary to have a PayPal account to use the company's services. PayPal account users can set currency conversion option in account settings. The PayPal app is available online or at the iTunes App Store and Google Play. As of 2021, PayPal operates in 202 markets and has 377 million active, registered accounts. PayPal allows customers to send, receive, and hold funds in 25 currencies worldwide.
Legal Name
PayPal Payments Private Limited
San Jose, California, United States of America
Founding Date
No. of Employees
Core Team
Dan Schulman
President and CEO
John Rainey
Chief Financial Officer and EVP, Global Customer Operations
Stephen Taylor